Inflation Targeting In Mena Countries: An Unfinished Journey

Hardcover | September 15, 2011

EditorDavid Cobham, Mongi Boughzala

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This volume assesses the current state of play for Middle East and North African countries, in the light of wider work on inflation targeting, and provides lessons from the evolution of monetary policy in Europe.

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This volume assesses the current state of play for Middle East and North African countries, in the light of wider work on inflation targeting, and provides lessons from the evolution of monetary policy in Europe.

Format:HardcoverDimensions:256 pages, 8.88 × 5.8 × 1.06 inPublished:September 15, 2011Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230290213

ISBN - 13:9780230290211

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Table of Contents

PART I: ISSUES AND CHALLENGES
Moving towards domestic monetary anchors – Are financial markets ready in the Mediterranean region?
Fiscal policy and macroeconomic stability in Mediterranean countries
Capital account liberalization, exchange rate flexibility, and monetary policy: issues and challenges
Monetary policy transmission and targeting mechanisms in the MENA region
Monetary transmission mechanisms: the credit vs. the interest rate channels
PART II: THE JOURNEY TOWARDS IT
From Bretton Woods to inflation targeting: financial change and monetary policy evolution in Europe
Explicit Inflation Targeting in Turkey: the reasons and the outcome
The evolution of monetary policy in Egypt: Is Egypt now ready for inflation targeting?
Preparations for the journey towards IT in Tunisia
Monetary policy and the journey towards inflation targeting in Morocco