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100 1 a| Mishkin, Frederic S.=| ^A175464;

245 10 a| Can inflation targeting work in emerging market countries?h| [electronic resource] /c| Frederic S. Mishkin.;

260 a| Cambridge, MA :b| National Bureau of Economic Research,;

490 1 a| NBER working paper series ;v| working paper 10646;

500 a| Title from PDF file as viewed on 1/11/2005.;

504 a| Includes bibliographical references.;

506 a| Available only to authorized users.;

520 3 a| "This paper explores issues in emerging market countries to make inflation targeting work for them. It starts by outlining why emerging market economies are so different from advanced economies and then discuss why developing strong fiscal, financial and monetary institutions is so critical to the success of inflation targeting in emerging market countries. Then it discusses two emerging market countries which illustrate what it takes to make inflation targeting work well, Chile and Brazil. It then addresses a particularly complicated issue for central banks in emerging market countries who engage in inflation targeting: how they deal with exchange rate fluctuations. The next topic focuses on the IMF's role in promoting the success of inflation targeting in emerging market countries. The conclusion from this analysis is that inflation targeting is more complicated in emerging market countries and is thus not a panacea. However, inflation targeting done right can be a powerful tool to help promote macroeconomic stability in these countries"--National Bureau of Economic Research web site.;

530 a| Also available in print.;

538 a| Mode of access: World Wide Web;

650 0 a| Inflation targetingz| Brazil.=| ^A1304963;

650 0 a| Inflation targetingz| Chile.=| ^A1304963;

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Can inflation targeting work in emerging market countries? / Frederic S. Mishkin.

Author/creator	Mishkin, Frederic S.
Other author	National Bureau of Economic Research.
Format	Electronic
Publication Info	Cambridge, MA : National Bureau of Economic Research,
Supplemental Content	Full text available from NBER Working Papers
Subjects	Inflation targeting--Brazil. Inflation targeting--Chile. Inflation targeting--Developing countries.

Series	NBER working paper series ; working paper 10646 Working paper series (National Bureau of Economic Research : Online) ; working paper no. 10646. UNAUTHORIZED
Summary	"This paper explores issues in emerging market countries to make inflation targeting work for them. It starts by outlining why emerging market economies are so different from advanced economies and then discuss why developing strong fiscal, financial and monetary institutions is so critical to the success of inflation targeting in emerging market countries. Then it discusses two emerging market countries which illustrate what it takes to make inflation targeting work well, Chile and Brazil. It then addresses a particularly complicated issue for central banks in emerging market countries who engage in inflation targeting: how they deal with exchange rate fluctuations. The next topic focuses on the IMF's role in promoting the success of inflation targeting in emerging market countries. The conclusion from this analysis is that inflation targeting is more complicated in emerging market countries and is thus not a panacea. However, inflation targeting done right can be a powerful tool to help promote macroeconomic stability in these countries"--National Bureau of Economic Research web site.
General note	Title from PDF file as viewed on 1/11/2005.
Bibliography note	Includes bibliographical references.
Access restriction	Available only to authorized users.
Other forms	Also available in print.
Technical details	Mode of access: World Wide Web
Genre/form	Electronic books.
LCCN	2005615432

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Can inflation targeting work in emerging market countries? / Frederic S. Mishkin.

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