Inflation targeting, debt, and the Brazilian experience, 1999 to 2003

Descripción

"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."--Jacket.