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Why Inflation Targeting?

Why Inflation Targeting? »

Source: Why Inflation Targeting?

Volume/Issue: 2009/86

Series: IMF Working Papers

Author(s): Charles Freedman , and Douglas Laxton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872330

Keywords: rate of inflation, central bank

This is the second chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." We begin by discussing the costs of inflation, i...

Former Yugoslav Republic of Macedonia: First Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria

Former Yugoslav Republic of Macedonia: First Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria »

Source: Former Yugoslav Republic of Macedonia : First Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria

Volume/Issue: 2003/354

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2003

ISBN: 9781451826074

Keywords: debt, budget, interest, deficit, central bank, Macedonia, FYR,

Macedonia's macroeconomic stabilization program continues to rest on the basis of fiscal and monetary policies, and has restored the fiscal balance to a sustainable level after two years of high deficits. Further s...

Republic of Yemen

Republic of Yemen »

Source: Republic of Yemen : Selected Issues

Volume/Issue: 2001/61

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2001

ISBN: 9781451840780

Keywords: central bank, crude oil, petroleum products, oil prices, external debt

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Monetary Policy Transmission in Ghana

Monetary Policy Transmission in Ghana »

Source: Monetary Policy Transmission in Ghana : Does the Interest Rate Channel Work?

Volume/Issue: 2011/275

Series: IMF Working Papers

Author(s): Arto Kovanen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463925314

Keywords: monetary policy transmission, interest rates, monetary policy, central bank, inflation, money market, Money And Interest Rates,

This paper analyzes interest rate pass-through in Ghana. Time series and bank-specific data are utilized to highlight linkages between policy, wholesale market, and retail market interest rates. Our analysis shows...

Chapter 6 Inflation and Growth in the Transition Economies

Chapter 6 Inflation and Growth in the Transition Economies »

Source: Inflation and Growth in China

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 1996

ISBN: 9781557755421

Keywords: inflation, monetary policy, money supply, foreign exchange, central bank

Two centuries after the French Revolution, the years 1989–92 saw another revolution, fractured into seven parts: (1) the collapse of Communism in Eastern Europe and...

Article IV Consultations

Article IV Consultations »

Source: International Monetary Fund Annual Report 1996

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 1996

ISBN: 9781557755940

Keywords: inflation, current account, central bank, monetary policy, balance of payments

Under Article IV of the Articles of Agreement, the Fund holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discuss...

Fund Support of Member Countries

Fund Support of Member Countries »

Source: International Monetary Fund Annual Report 1996

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 1996

ISBN: 9781557755940

Keywords: inflation, current account, central bank, monetary policy, balance of payments

During 1995/96 the Fund approved commitments under new stand-by arrangements for 19 countries (along with augmentation of access under existing arrangements for 2 other countries), extended arrangements for...

Chapter 13 Inflation and Growth in China’s Transition: A Comparison with Eastern Europe and the Former Soviet Union

Chapter 13 Inflation and Growth in China’s Transition: A Comparison with Eastern Europe and the Former Soviet Union »

Source: Inflation and Growth in China

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 June 1996

ISBN: 9781557755421

Keywords: inflation, monetary policy, money supply, foreign exchange, central bank

For the transition from a centrally planned economy to a decentralized market economy, two different approaches have been followed in recent years. The first approac...

Fund Financial Operations and Policies

Fund Financial Operations and Policies »

Source: International Monetary Fund Annual Report 1996

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 1996

ISBN: 9781557755940

Keywords: inflation, current account, central bank, monetary policy, balance of payments

New commitments of Fund resources under stand-by, extended, and SAF/ESAF arrangements rose to a record level of SDR 19.7 billion in 1995/96, mainly reflecting augmentation of access under Mexico’s stand-by a...

Monetary Transmission in Low Income Countries

Monetary Transmission in Low Income Countries »

Source: Monetary Transmission in Low Income Countries

Volume/Issue: 2010/223

Series: IMF Working Papers

Author(s): Peter Montiel , Antonio Spilimbergo , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455208883

Keywords: exchange rate, interest rate, institutions, bank lending, monetary transmission, central bank, government securities, Macroeconomic Analyses of Economic Development,

This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging economies. Given the wea...