Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries
Author :
Publisher : International Monetary Fund
Total Pages : 74
Release :
ISBN-10 : 9781498344067
ISBN-13 : 1498344062
Rating : 4/5 (67 Downloads)

Book Synopsis Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries by : International Monetary Fund

Download or read book Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.


Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries Related Books

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries
Language: en
Pages: 74
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2015-10-23 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial mar
Monetary Policy Transmission in Emerging Markets and Developing Economies
Language: en
Pages: 54
Authors: Mr.Luis Brandao-Marques
Categories: Business & Economics
Type: BOOK - Published: 2020-02-21 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT).
Conditionality in Evolving Monetary Policy Regimes
Language: en
Pages: 61
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2014-05-03 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

With single-digit inflation and substantial financial deepening, developing countries are adopting more flexible and forward-looking monetary policy frameworks
Coordination of Monetary and Fiscal Policies
Language: en
Pages: 33
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 1998-03-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneo
Why Inflation Targeting?
Language: en
Pages: 27
Authors: Charles Freedman
Categories: Business & Economics
Type: BOOK - Published: 2009-04-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This is the second chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You