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Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003
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Giavazzi, Francesco (EDT)/ Goldfajn, Ilan (EDT)/ Herrera, Santiago (EDT) 作者
Mit Pr
译者
2005-5 出版日期
303 页数
356.00元 价格
HRD
丛书系列
9780262072595 图书编码

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 图书标签: 经济危机  f   

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Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024


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Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003 在线电子书 图书描述

Inflation targeting—when central bank policies set specific inflation rate objectives—is widely used by both developed and developing countries around the world (although not by the United States or the European Central Bank). This collection of original essays looks at how Brazil's policy of inflation targeting, coupled with a floating exchange rate, survived a series of severe economic shocks and examines the policy lessons that can be drawn from Brazil's experience.

After a successful start in early 1999, Brazil's policy regime had to manage mounting difficulties, including a sudden reversal of capital flows and its effects on the exchange rate and public debt, the contagion of Argentina's severe economic problems, a domestic energy crisis, and the political uncertainty of the 2002 presidential campaign. The contributors, prominent Brazilian and international economists, draw important lessons from Brazil's experience, including the necessity of accompanying monetary policy with fiscal improvement, the trade-offs involved in dollar-linked debt, the importance of fiscal institutions in an emerging market economy, and the importance of keeping inflation under control.

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