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Country Experiences with the Introduction and Implementation of Inflation Targeting
Author:
Ms. Inci Ötker null

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Charles Freedman null

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Series:
IMF Working Papers
Volume/Issue:
Volume 2009: Issue 161
Language:
English
Publication Date:
01 Jul 2009
DOI:
https://doi.org/10.5089/9781451873085.001
ISBN:
9781451873085
ISSN:
1018-5941
Pages:
42
Keywords:
WP; government; country; IT country; IT framework
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This is the tenth chapter of a forthcoming monograph entitled, "On Implementing Full- Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It describes the experiences of a number of countries with the introduction and implementation of inflation targeting regimes. It discusses their motivation for introducing IT; how they fared in meeting the various conditions that some have argued are needed in advance of introducing IT; how they transitioned to a full-fledged IT framework and coordinated their preparations with other economic policies and reforms; the benefits they gained by adopting IT; the challenges they faced in implementation; and the lessons from their experiences.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund