Inflation Targeting in Practice : Strategic and Operational Issues and Application to Emerging Market Economies

Intro -- Contents -- Contributors -- Preface -- 1 Introduction and Overview -- 2 Maintaining Low Inflation: Rationale and Reality -- 3 Strategic Choices in Inflation Targeting: The New Zealand Experience -- 4 Inflation Forecast Targeting: The Swedish Experience -- 5 The Canadian Monetary Transmission Mechanism and Inflation Projections -- 6 Inflation Targeting and Output Stabilization in Australia -- 7 Targeting Inflation: The United Kingdom in Retrospect -- 8 Monetary Policy and Inflation Targeting in Chile -- 9 Inflation Targeting Under a Crawling Band Exchange Rate Regime: Lessons from Israel -- 10 Mexico's Monetary Policy Framework Under a Floating Exchange Rate Regime -- 11 Issues in the Adoption of an Inflation Targeting Framework in Brazil.