Inflation Targeting as a Framework for Monetary Policy

Inflation Targeting as a Framework for Monetary Policy
Inflation distorts prices, erodes savings, discourages investment, stimulates capital flight, inhibits growth, and makes economic planning a nightmare. During the past decade, several advanced economies have taken a new approach to the age-old problem of controlling inflation through monetary policy known as "inflation targeting." This pamphlet... READ MORE...

Publication date: October 1998
ISBN 9781557757616
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