Economic Performance and Inflation Targeting in Developing Economies

Economic Planning in Developing Economies

This entry reviews planning models as applied to developing countries. Aggregative, sectoral and project appraisal techniques are discussed. It is seen that while there was signi…cant progress in the post-war period in devising sophisticated techniques, the ascendancy of market friendly reforms in the recent era has emphaized the use of dynamic and computable general equilibrium models. Many of...

The Impact of Inflation Targeting on Unemployment in Developing and Emerging Economies

Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing literature on the issue, it is not clear whether developing and emerging countries can improve their economic performance by adopting inflation targeting. This working paper examines the extent to which macroeconomic policies anchored to inflation targeting affect unemployment...

Monetary Models and Inflation Targeting in Emerging Market Economies

Inflation Targeting, Learning and Q Volatility in Small Open Economies

This paper examines the welfare implications of managing asset-price with consumer-price inflation targeting by monetary authorities who have to learn the laws of motion for both inflation rates. The central bank can reduce the volatility of consumption as well as improve welfare more effectively if it adopts state-contingent Taylor rules aimed at inflation and Qgrowth targets in this learning ...

The Challenge of Economic Growth and Environmental Protection in Developing Economies

T he main objective of the present study is to find out a clear answer to the question raised in developing countries, that whether such developing economies could be able to achieve economic growth as well as protect their environment simultaneously or these economies still suffer from a severe conflict between environmental protection and economic growth. So, different categories o...