Inflation control and adequacy of targeting to economic growth policy
نویسندگان
چکیده
منابع مشابه
Introduction to Monetary Policy and Inflation Targeting
Medium-term price stability is widely accepted as the appropriate ultimate goal for monetary policy. This reflects two ideas. The first is that high rates of inflation distort decision-making, ultimately leading to slower economic growth. The second is that monetary policy is the most effective instrument in influencing medium-term inflation outcomes. By pursuing a strategy that ensures that in...
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In the 1990s, several countries shifted to a new monetary policy regime: an announced quantitative inflation target. The reason for this shift was the unsatisfactory performance under previous regimes. New Zealand, Canada, Australia, and Spain all introduced inflation targets under persistently high inflation; the United Kingdom, Sweden, and Finland did so after having abandoned fixed exchange ...
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On 21–22 July 1997, the Bank convened a conference entitled, 'Monetary Policy and Inflation Targeting'. The following excer pt is the introductory chapter of the conference volume. Medium-term price stability is widely accepted as the appropriate ultimate goal for monetary policy. This reflects two ideas. The first is that high rates of inflation distort decision-making, ultimately leading to s...
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one of the most important variables in each country which attracts the attention of policymakers is inflation. in the inflation targeted system, it is important to target the low and stable inflation clearly and directly as the main policy. on the other hand the stability of prices which is an important result of targeted inflation is a necessary condition to achieve sustainable levels of econo...
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ژورنال
عنوان ژورنال: Upravlenets
سال: 2020
ISSN: 2218-5003
DOI: 10.29141/2218-5003-2020-11-1-4