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Monetary Policy Frameworks for Emerging Markets

Editor

Listed:
  • Gill Hammond
  • Ravi Kanbur
  • Eswar Prasad

Abstract

Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries. Featuring papers from the research frontier and front-line policymakers in developing and emerging market economies, the book addresses questions such as ‘What monetary policy framework is most suitable for these countries to confront the new challenges while they continue to open up to trade and financial flows?’, ‘What are the linkages between monetary stability and financial stability?’ and ‘Is inflation targeting or a fixed exchange rate regime preferable for developing and emerging markets?’

Suggested Citation

  • Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), 2009. "Monetary Policy Frameworks for Emerging Markets," Books, Edward Elgar Publishing, number 13504, June.
  • Handle: RePEc:elg:eebook:13504
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    File URL: https://www.elgaronline.com/view/9781848444423.xml
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    Cited by:

    1. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29, March.
    2. Peter Mooslechner, 2011. "Challenges for Monetary and Exchange Rate Policy in CESEE Created by the Crisis: Back to Square One?," Chapters,in: Post-Crisis Growth and Integration in Europe, chapter 16 Edward Elgar Publishing.
    3. Diouf, Ibrahima & Pépin, Dominique, 2017. "Gender and central banking," Economic Modelling, Elsevier, vol. 61(C), pages 193-206.

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    Book Chapters

    The following chapters of this book are listed in IDEAS

    Keywords

    Development Studies; Economics and Finance;

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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