This
is a set of papers which covers theoretical and empirical
research on the issue of inflation targeting. The
papers specifically cover various outcomes of inflation
targeting as well the controversies, exploring alternative
approaches, methodologies and solutions. While the
impact on employment remains a primary concern of
the papers, other specific issues which have been
covered are; employment costs of inflation reduction
in developing countries from a gender perspective,
looking at the nature of inflation targeting from
a class based social perspective, a comparison of
inflation targeting and real exchange rate targeting
in affecting economic growth and employment. In addition,
country specific studies on the impact of inflation
targeting and alternatives in Mexico, Argentina, Brazil,
Turkey, India, Vietnam, and Philippines are included.
October 3, 2007.
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