Category: Inflation
Inflation Targeting in Emerging Market Economies
Inflation Targeting in Emerging Market Economies has helped to reduce the average inflation to make their economic structure better. Due to an unstable and disturbing political condition for a long time, the developing countries have suffered many economic problems, like high and volatile inflation rate and less credibility of the monetary policies.
Countries like Brazil, Peru, Hungary, Colombia, Thailand,Chile, Israel, South Korea, Mexico are the Emerging Market Economies.
Inflation Targeting
Inflating targeting is an economic policy adopted by central bank of any nation. The central bank approximates and make public a policy target agreement by setting out specific inflation target.
Inflation targeting is the statutory responsibility of the Central bank to devise and enforce monetary policy for achieving and maintaining economic stability in the general level of prices.
