Name: Monetary Policy in Emerging Markets & Other Developing Countries
SKU: 64755470
Price: 196.20 USD
Availability: InStock
Author: Nicoletta Batini
ISBN: 9781594549830

portada Monetary Policy in Emerging Markets & Other Developing Countries

Monetary Policy in Emerging Markets & Other Developing Countries

Formato

Libro Físico

Editorial

Nova Science Publishers

Autor

Nicoletta Batini

Año

2007

N° páginas

211

Encuadernación

Tapa Dura

Dimensiones

26.6x18.5x1.9 cm

ISBN13

9781594549830

Monetary Policy in Emerging Markets & Other Developing Countries

Nicoletta Batini (Autor) · Nova Science Publishers · Tapa Dura

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Reseña del libro "Monetary Policy in Emerging Markets & Other Developing Countries"

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 In industrial countries, exchange rate pegs and monetary targets have been replaced by regimes based on implicit or explicit inflation targets. In non-industrial countries, exchange rate pegs have also often been replaced by direct inflation targets, although many non-industrial countries still operate through somewhat eclectic regimes.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.