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Establishing Initial Conditions in Support of Inflation Targeting

This paper provides some practical advice on establishing initial conditions in support of an inflation-targeting monetary framework. These conditions are divided into four areas: a mandate in support of an inflation objective and accountability for achieving this objective; macroeconomic stability;...

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Bibliographic Details
Main Author: Zelmer, Mark
Other Authors: Schaechter, Andrea, Stone, Mark, Carare, Alina
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Working Papers
Subjects:
Banks
Finance
Banks And Banking
Currency; Foreign Exchange
Inflation Targeting
Deflation
Mortgages
International Financial Markets
Foreign Exchange
Financial Markets
Emerging And Frontier Financial Markets
Policy Coordination
Policy Objectives
Macroeconomics
Banking
Depository Institutions
Inflation
Monetary Economics
Policy Designs And Consistency
Micro Finance Institutions
General Financial Markets: General (includes Measurement And Data)
Currency Markets
Price Level
Financial Markets And The Macroeconomy
Prices
Financial Services Industry
Monetary Policy
Central Banks And Their Policies
Foreign Exchange Market
Exchange Rates
Money And Monetary Policy
Finance: General
South Africa
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper provides some practical advice on establishing initial conditions in support of an inflation-targeting monetary framework. These conditions are divided into four areas: a mandate in support of an inflation objective and accountability for achieving this objective; macroeconomic stability; a sufficiently well-developed and stable financial system; and effective policy implementation tools. The measures taken by countries to meet these conditions are also reviewed
Physical Description:39 pages
ISBN:9781451852622

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