Intersections between Exchange Rate and Inflation Policies in IMF Recommendations
Ramos, Raquel Almeida
O documento é disponibilizado pela fonte de origem, que mantém a versão integral e as condições de uso.
Resumo
Several developing countries have adopted a free floating exchange rate regime in recent years, especially after the late-1990s currency crisis. This regime is being advocated based on the argument that it would smooth domestic and international shocks and allow monetary policy independence. Within this framework, central banks would be able to make use of monetary policy with the sole goal of fighting inflation, which, in turn, would be enough to stabilise output. Regardless of the simplicity of this policy combination, it might not be effective in every country. Some important country-specific circumstances must be considered when analysing the possible implications and potential complications of such a policy framework. (…)
Ficha do documento
- Tipo
- Estudo
- Ano
- 2012
- Instituição
- Instituto de Pesquisa Econômica Aplicada
- Fonte
- Repositório do Ipea
- Idioma
- Inglês
- Acesso
- Acesso aberto
- Identificador
- oai:repositorio.ipea.gov.br:11058/15440
- Licença
- Licença total exclusiva
Conteúdos relacionados
- EstudoHow Inclusive Has Growth Been in the Last Decade?Instituto de Pesquisa Econômica Aplicada · 2013
- EstudoThe Risks of IntegrationInstituto de Pesquisa Econômica Aplicada · 2013
- EstudoMapping Inclusive GrowthInstituto de Pesquisa Econômica Aplicada · 2013
- EstudoInclusive GrowthInstituto de Pesquisa Econômica Aplicada · 2013
