Prerequisites and consequences of the introduction inflation targeting in countries with developing markets
KRIVOROTOVA N.F.
PhD, Associate Professor, Department of Economics World Economy, The North Caucasus Federal University, Stavropol
PhD, Associate Professor, Department of Economics World Economy, The North Caucasus Federal University, Stavropol
TERRA ECONOMICUS, 2013, Vol. 11 (no. 4.3),
p. 65-68
The paper reviews the studies on monetary policy carried out in emerging market countries. The author compares different point of views on main principles of monetary policy and stresses the advantages and obstacles of inflation targeting poli-cy as well as alternative methods of monetary control in emerging market countries.
Keywords: monetary policy; exchange rate management; money supply target-ing; inflation targeting
References:
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- Golovnin M. (2010). Model of monetary policy in the context of financial globalization: experience of Russia and the countries of Central and Eastern Europe. Moscow Institute of Economics. (In Russian.)
- Krivorotova N.F., Uryadova T.N. (2012). Actual problems of monetary policy in Russia. TERRA ECONOMICUS, no. 3, part 3. Rostov-on-Don. “Science-Spectrum”, 165 p. (In Russian.)
- Svensson L.E.O. (2010). Inflation targeting after the financial crisis. International Research Conference. Challenges to Central Banking in the Context of Financial Crisis. Mumbai.
Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606
Founder: Southern Federal University
ISSN: 2073-6606