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Paperback Inflation Targeting: Lessons from the International Experience Book

ISBN: 0691086893

ISBN13: 9780691086897

Inflation Targeting: Lessons from the International Experience

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Format: Paperback

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Book Overview

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. Combining penetrating...

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