Monetary Policy in Emerging Markets & Other Developing Countries

Language: English

Published by Nova Science Publishers Inc Jan 2007, 2007

1594549834 / 9781594549830

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - Over the past twenty years there has been a marked shift toward more flexible exchange rate regimes and more open capital accounts by both industrial and non-industrial economies. Two decades ago exchange rate pegs of various kinds accounted for over half of industrial country monetary policy regimes, but declined to just 5 percent of regimes by 2005, while in non-industrial countries the share fell from 75 percent to 55 percent. The move toward more flexibility in exchange rates has been accompanied by the adoption of a variety of frameworks to conduct monetary policy, ranging from inflation targeting, monetary targeting, and more eclectic approaches based on several targets. In industrial countries, exchange rate pegs and monetary targets have been replaced by regimes based on implicit or explicit inflation targets. In non-industrial countries, exchange rate pegs have also often been replaced by direct inflation targets, although many non-industrial countries still operate through somewhat eclectic regimes. This book is important read for understanding monetary policy under high capital mobility based on other countries' experiences.

Seller Inventory # 9781594549830

Title
Monetary Policy in Emerging Markets & Other Developing Countries
Author
Nicoletta Batini
Publisher
Nova Science Publishers Inc Jan 2007
Publication year
2007
Condition
Neu
Binding
Buch
Language
English
ISBN 10
1594549834
ISBN 13
9781594549830
Item weight
624 grams
Dimensions
266x185x19 mm

AHA-BUCH GmbH

Einbeck, Germany

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