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Conquering Fear of Floating; Australia's Successful Adaptation to a Flexible Exchange Rate

Beaumont, Craig; Cui, Li - International Monetary Fund (IMF) - 2007

Australia has enjoyed fifteen years of uninterrupted economic expansion since 1992 despite shocks such as the Asian crisis in 1997-98 and the information technology bust in 2000-01. This resilient economic performance owes much to wide-ranging structural reforms and the improved frameworks for...

Persistent link: https://www.econbiz.de/10011242448

Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU

Masson, Paul R. - International Monetary Fund (IMF) - 1999

fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate … alternative monetary framework, inflation targeting. …

Persistent link: https://www.econbiz.de/10005771370

Inflation Targeting; What is the Meaning of the Bottom of the Band?

Clifton, Eric V. - International Monetary Fund (IMF) - 1999

This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the … markets about how the authorities will react to a fall in inflation. After first discussing the conceptual issues, the paper …

Persistent link: https://www.econbiz.de/10005605533