Country Experiences with the Introduction and Implementation of Inflation Targeting [electronic resource] / Inci Ötker.
Material type: TextSeries: IMF Working Papers; Working Paper ; No. 09/161Publication details: Washington, D.C. : International Monetary Fund, 2009Description: 1 online resource (42 p.)ISBN: 1451873085 :ISSN: 1018-5941Subject(s): Business Fluctuations | Central Bank | Country Experiences | Monetary Policy Implementation | Price Stability | Prices | Czech Republic | Israel | Poland | Romania | TurkeyAdditional physical formats: Print Version:: Country Experiences with the Introduction and Implementation of Inflation TargetingOnline resources: IMF e-Library | IMF Book Store Abstract: This is the tenth chapter of a forthcoming monograph entitled, "On Implementing Full- Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It describes the experiences of a number of countries with the introduction and implementation of inflation targeting regimes. It discusses their motivation for introducing IT; how they fared in meeting the various conditions that some have argued are needed in advance of introducing IT; how they transitioned to a full-fledged IT framework and coordinated their preparations with other economic policies and reforms; the benefits they gained by adopting IT; the challenges they faced in implementation; and the lessons from their experiences.This is the tenth chapter of a forthcoming monograph entitled, "On Implementing Full- Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It describes the experiences of a number of countries with the introduction and implementation of inflation targeting regimes. It discusses their motivation for introducing IT; how they fared in meeting the various conditions that some have argued are needed in advance of introducing IT; how they transitioned to a full-fledged IT framework and coordinated their preparations with other economic policies and reforms; the benefits they gained by adopting IT; the challenges they faced in implementation; and the lessons from their experiences.
Description based on print version record.
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