{"product_id":"inflation-targeting-in-the-world-economy-9780881323450","title":"Inflation Targeting in the World Economy","description":"\u003cp\u003e • Author(s): Edwin Truman\u003cbr\u003e • Publisher: Peterson Institute for International Economic\u003cbr\u003e • Publisher Imprint: Peterson Institute for International Economic\u003cbr\u003e • BISAC: Finance - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a monetary policy framework. Edwin Truman addresses the challenges and risks associated with such a framework. Building on these foundations, the study focuses on two major international economic policy issues: (1) the implications of differing national regimes of inflation targeting for international economic policy cooperation; and (2) the adoption of inflation targeting by emerging-market economies which often lack stable monetary policy environments and credible policy authorities--a situation which, among other things, can complicate the use of the inflation targeting framework as the basis for IMF-supported stabilization programs.\u003c\/p\u003e","brand":"Peterson Institute for International Economic","offers":[{"title":"Paperback","offer_id":45268745126039,"sku":"9780881323450","price":2957.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780881323450.webp?v=1767105336","url":"https:\/\/atlanticbooks.com\/products\/inflation-targeting-in-the-world-economy-9780881323450","provider":"Atlantic Books","version":"1.0","type":"link"}