Country Experiences with the Introduction and Implementation of Inflation Targeting

Inci Ötker-Robe (inci.otkerrobe@me.com) and Charles Freedman

No 2009/161, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; government; country; IT country; IT framework (search for similar items in EconPapers)
Pages: 42
Date: 2009-07-01
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Citations: View citations in EconPapers (27)

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