Hidden Bibliographic Details
| Other authors / contributors: | Laurens, Bernard J., author.
International Monetary Fund. Monetary and Capital Markets Department.
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| ISBN: | 1513534300
9781513540849
151354084X
1513567993
9781513567990
1513540734
9781513540733
9781513534305
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| Notes: | "June 2015."
Online resource; title from PDF title page (IMF, viewed August 04, 2016).
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| Summary: | "Countries with evolving monetary regimes that decide to embark on 'the Journey to inflation targeting' may not be able to adopt a full-fledged inflation targeting regime immediately. Those countries would be better off adopting transitional arrangements that take advantage of the informational content of monetary aggregates, developing an economic analysis capacity, and concentrating on monetay operations aimed at steering money market interest rates. This approach would allow the central bank to buy time for developing the building blocks for effective monetary policy, support transparent central bank communication, and limit the potential for undesirable outcomes along the road."--Abstract
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| Other form: | Print version: 9781513567990
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| Standard no.: | 10.5089/9781513567990.001
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