Download e-book for kindle: Inflation Targeting in MENA Countries: An Unfinished Journey by Mongi Boughzala, D. Cobham

By Mongi Boughzala, D. Cobham

ISBN-10: 0230316565

ISBN-13: 9780230316560

ISBN-10: 1349331392

ISBN-13: 9781349331390

This quantity assesses the present nation of play for heart East and North African nations, within the gentle of wider paintings on inflation concentrating on, and offers classes from the evolution of financial coverage in Europe.

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Extra resources for Inflation Targeting in MENA Countries: An Unfinished Journey

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Bordo, M. and Wheelock, D. (1998), 'Price stability and financial stability: the historical record', Federal Reserve Bank of St. Louis Review, September/October: 41-62. , Boughzala, M. and Moussa, H. (2009), 'Inflation targeting and financial fragility in Tunisia', in D. Cobham and G. Dibeh (eds), Monetary Policy and Central Banking in the Middle East and North Africa, London: Routledge. , Franta, M. and Strasky, J. (2011), 'Monetary policy strategies and exchange rate regimes on the southern shore of the Mediterranean developments and prospects', in D.

The IMF has implemented methodolog ica l changes to the reporting of fiscal data start ing with the April 2010 WEO (based on national definition). The data between 2005 and 2009 are based on April 2010 WEO (new methodology). As in this methodology long-time fi scal time series are not available for a large number of Mediterranean countries, the data prior to 2005 are based on October 2009 WEO (old methodology). Source: IMF and ECB staff calculations. of the 1990s, the reduction of budget deficits was supported by higher real GDP growth in many countries as compared with the late 1980s.

2009) review financial stability issues in Tunisia and conclude that a deep transformation of the rules of the game within the financial system is a necessity for the success of inflation targeting or any other sound monetary policy. Are financial depth and soundness really needed for inflation targeting? There is a long-standing academic and policy debate as to whether preconditions have to be met before IT is introduced. While there is a consensus that preconditions may provide important guideposts to assess readiness for IT, some authors have advanced two cave- Are Financial Markets Rmdy?

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Inflation Targeting in MENA Countries: An Unfinished Journey by Mongi Boughzala, D. Cobham

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