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Is Inflation targeting a viable option in developing countries.9783838350226<|

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
PublishedOn
2010-03-22
Title
Is Inflation targeting a viable option in developing countries
ISBN
9783838350226
Publication Year
2010
Type
Textbook
Format
Paperback
Language
English
Publication Name
Is Inflation Targeting a Viable Option in Developing Countries
Item Height
229mm
Author
Dumisani Hompashe
Publisher
LAP
Item Width
152mm
Subject
Business
Item Weight
159g
Number of Pages
100 Pages

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Product Information

The distinctive features of inflation targeting include the publishing of the formal target band or point target for the rate of inflation at one or more time horizon/s and the explicit confirmation that low and steady inflation is the long-run objective of monetary policy. There are four main preconditions of inflation targeting: 1) an independent central bank that is free from fiscal and political pressures; 2) a central bank that has both the ability to forecast inflation and the capability to model inflation data; 3) the presence of fully deregulated prices and an economy that is affected by changes of commodity prices, as well as exchange rates; and 4) the presence of sound banking system and well developed capital markets. This dissertation investigates the extent to which Malawi meets the preconditions for inflation targeting. Malawi is committed to the central bank's functional independence as well as the pursuit of prudent fiscal policy measures for the attainment of low inflation. Despite the failure to meet all the preconditions, this study recommends that Malawi should adopt an inflation-targeting framework.

Product Identifiers

Publisher
LAP
ISBN-13
9783838350226
eBay Product ID (ePID)
93012729

Product Key Features

Author
Dumisani Hompashe
Publication Name
Is Inflation Targeting a Viable Option in Developing Countries
Format
Paperback
Language
English
Subject
Business
Publication Year
2010
Type
Textbook
Number of Pages
100 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
159g

Additional Product Features

Title_Author
Dumisani Hompashe
Country/Region of Manufacture
Germany

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WRAP Ltd.
Mubin Ahmed
Unit 4
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Reading
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RG30 1DZ
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CRN Number:
  • 03800600
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