The Case for Inflation Targeting in East Asian Countries
نویسنده
چکیده
Over the past decade, a number of countries have adopted an inflation-targeting framework for the conduct of monetary policy. The majority of these have been developed countries, although Chile and Israel have also pursued some form of inflation targeting for the best part of ten years. In part spurred on by the successful economic performance of the countries that have adopted inflation targeting, and in part driven by concerns about their policy frameworks in the aftermath of the Asian crisis, a number of east Asian countries are seriously considering, or have recently adopted, inflation targeting.
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Discussion of The Case for Inflation Targeting in East Asian Countries
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