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Общие вопросы экономики Общие вопросы экономики
Экономическая теория Экономическая теория


Efficiency of Inflation Targeting in Transition Countries. The Czech Republic?s Experience with IT Regime

Автор:   Helena C.
мягкая обложка
100 страниц
2009 год
Издательство:   Книга по Требованию
1994 руб
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Описание:The analysis should illustrate whether the IT regime is an appropriate regime for the upcoming period of time, which will end up by the entry in the EMU. The Czech Republic was not the exemption. It emphasises the crucial role of monetary authorities in anchoring inflation expectations in line with credible monetary policy, ensuring stability of this regime. This book therefore examines Czech experience with IT. It tries to assess empirically character of deviations from inflation targets throughout the time. This book is addressed to economists and anyone else, who may be interested in inflation targeting issues. Transitional process brought about pressures on the exchange rate and on domestic inflation in the early years of the country’s transformation. After introducing IT in 1998, some analysts and politicians doubted about effectiveness of the IT framework in the new market environment. Several emerging-market economies adopted inflation targeting (IT) as a new exciting monetary strategy directly focusing on inflation as its only goal. This resulted in indefensibility of monetary targeting regime, used in the early years of transformation.

Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

2990 руб
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The World is Flat

Today our competition is a Japanese or a Frenchman or a Chinese. You know where you rank very quickly in a flat world... You are now competing with everyone else.” The best talent in a flat world will earn more, he added, “and if you don't measure up, someone will replace you-and it will not be the guy across the street.” If you don't agree, just ask some of the major players. Craig Barrett, the chairman of Intel, said to me, “With very few exceptions, when you would think about where to site a manufacturing plant, you would think about the cost of labor, transportation, and availability of utilities-that sort of stuff. The discussion has been expanded today, and so it is no longer where you put your plant but now where do you put your engineering resources, your research and development-where are the most efficient intellectual and other resources relative to cost? You now have the freedom to make that choice... Today we can be anywhere. Anywhere could be part of my supply chain now-Brazil, Vietnam, the Czech Republic, Ukraine ...»

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