Description
New Age International (P) Ltd., Publishers Inflation Targeting by Ben S. Bernanke, Thomas Laubach, Frederic S. Mishkin, Adam S. Posen
How should governments and central banks use monetary policy to create a healthy economy? In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. The authors examine how well variants of this approach have worked in nine countries: Germany, Switzerland, New Zealand, Canada, the United Kingdom. Sweden, Israel, Spain and Australia.
This special low-priced edition is for sale in India, Bangladesh, Bhutan, Maldives, Nepal, Myanmar, Pakistan and Sri Lanka only.