Abstract (may include machine translation)
The objective of this paper is to evaluate the inflation targeting as a monetary policy for
Turkey. The implementation issues and the structural contexts of five Latin American
countries, which had adopted inflation targeting is reviewed and a comparison of Turkey
has been conducted. The main impediment to the success of the inflation targeting
framework in Latin America and Turkey is seemed to be fiscal dominance
Turkey. The implementation issues and the structural contexts of five Latin American
countries, which had adopted inflation targeting is reviewed and a comparison of Turkey
has been conducted. The main impediment to the success of the inflation targeting
framework in Latin America and Turkey is seemed to be fiscal dominance
| Original language | English |
|---|---|
| Publisher | Research and Monetary Policy Department, Central Bank of the Republic of Turkey |
| Pages | 1-27 |
| State | Published - Jun 2002 |