Measuring and Fighting for Price Stability in Turbulent Times: Lessons from East Asia
Frank Rövekamp (),
Moritz Bälz (),
Hanns Günther Hilpert () and
Wook Sohn ()
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Frank Rövekamp: Ludwigshafen University of Business and Society
Moritz Bälz: Goethe University
Hanns Günther Hilpert: German Institute for International Security Affairs (SWP)
Wook Sohn: KDI School of Public Policy and Management
Chapter Chapter 1 in Inflation and Deflation in East Asia, 2023, pp 1-10 from Springer
Abstract:
Abstract The preservation of price stability requires the correct measurement of inflation rates, appropriate economic policies to fight inflation or deflation and a legal framework, which defines the tools and boundaries of monetary policy. This chapter summarizes the respective concepts and experiences in East Asian economies like Japan, Korea, Singapore and Taiwan.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-031-27949-2_1
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DOI: 10.1007/978-3-031-27949-2_1
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