000			02181nam a22003854a 4500
001			WPIEA0992001
003			IMF
005			20190405161636.0
006			m o d
007			cr cn|||||||||
008			020129s2001 dcu o i00 0 eng d
020			_a1451852274 : _c15.00 USD
020			_z9781451852271
022			_a1018-5941
024	7		_a10.5089/9781451852271.001 _2doi
035			_a(IMF)WPIEA0992001
040			_aDcWaIMF _beng
100	1		_aKongsamut, Piyabha.
245	1	0	_aPhilippines _h[electronic resource] : _bPreparations for Inflation Targeting / _cPiyabha Kongsamut.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c2001.
300			_a1 online resource (20 p.)
490	1		_aIMF Working Papers; Working Paper ; _vNo. 01/99
520	3		_aThe Philippines is planning to shift toward adoption of an inflation targeting framework in 2001. This paper reviews key policy issues in this context, describes various operational and technical preparations, and presents an empirical analysis of the factors driving inflation. Among the key policy requirements, while central bank independence appears assured, the exchange rate has been allowed to fluctuate largely freely, and the authorities are embarking on a medium-term plan for fiscal consolidation. Empirical results suggest that the effective exchange rate (rather than a bilateral rate) and wages are important long-run influences on inflation.
588			_aDescription based on print version record.
650		7	_aBusiness Fluctuations _2imf
650		7	_aCentral Bank _2imf
650		7	_aInflation Modeling _2imf
650		7	_aInflation Target _2imf
650		7	_aInflation Targeting _2imf
650		7	_aInflation _2imf
651		7	_aPhilippines _2imf
776	0	8	_iPrint Version: _aKongsamut, Piyabha. _tPhilippines : Preparations for Inflation Targeting _dWashington, D.C. : International Monetary Fund, 2001. _z9781451852271
830		0	_aIMF Working Papers; Working Paper ; _vNo. 01/99
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/05264-9781451852271/05264-9781451852271/05264-9781451852271.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781451852271 _zIMF Book Store
999			_c150610 _d150610