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Inflation targeting in India: issues and prospects

Jha, Raghbendra


Inflation targeting (henceforth IT) has emerged as a significant monetary policy framework in both developed and transition economies. It has been in place for a decade or more in a number of countries — with around 20 central banks adopting it as their basic monetary policy framework. Some authors have argued that for transition economies undergoing sustained financial liberalization and integration in world financial markets IT is an attractive monetary policy framework. Consequently there is...[Show more]

CollectionsANU Research Publications
Type: Working/Technical Paper
Source: International Review of Applied Economics
DOI: 10.1080/02692170701880783


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