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Inflation targeting in MENA countriesan unfinished journey /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Inflation targeting in MENA countriesedited by Mongi Boughzala and David Cobham.
Reminder of title:	an unfinished journey /
other author:	Cobham, David P.
Published:	Houndmills, Basingstoke, Hampshire ;Palgrave Macmillan,2011.
Description:	1 online resource (xvi, 326 p.) :ill.
Notes:	On the t.p. "Economic Research Forum."
Subject:	Monetary policyMiddle East.
Online resource:	An electronic book accessible through the World Wide Web; click for information
ISBN:	9780230316560 (electronic bk.)

Inflation targeting in MENA countriesan unfinished journey /
Inflation targeting in MENA countriesan unfinished journey /[electronic resource] :edited by Mongi Boughzala and David Cobham. - Houndmills, Basingstoke, Hampshire ;Palgrave Macmillan,2011. - 1 online resource (xvi, 326 p.) :ill.

On the t.p. "Economic Research Forum."

Includes bibliographical references and index.

Machine generated contents note: -- 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.

Should Middle and North African (MENA) countries adopt the fashionable modern monetary policy strategy of inflation targeting (IT)? This informed and critical book contains contributions from a�team of international experts, who discuss the preconditions and�consequences of IT.�Particular attention is paid to fiscal policy, capital account liberalisation and monetary transmission mechanisms.� � This book examines the progress by various MENA countries towards IT. Against the background of the paths taken in Europe (and the changes in financial infrastructure which were required), the authors examine how Turkey first came to IT, first informally and then formally, and how IT has worked for Turkey so far. They also consider in turn the varying experiences of Egypt, Morocco and Tunisia, and debate whether, in the light of the global financial crisis, IT is in fact the appropriate strategy to adopt.

ISBN: 9780230316560 (electronic bk.)

Source: 491510Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

642142
Monetary policy
--Middle East.Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HG1206 / .I55 2011

Dewey Class. No.: 339.5/30956

Inflation targeting in MENA countriesan unfinished journey /
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300 $a 1 online resource (xvi, 326 p.) : $b ill.
500 $a On the t.p. "Economic Research Forum."
504 $a Includes bibliographical references and index.
505 8 $a Machine generated contents note: -- 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.
520 $a Should Middle and North African (MENA) countries adopt the fashionable modern monetary policy strategy of inflation targeting (IT)? This informed and critical book contains contributions from a�team of international experts, who discuss the preconditions and�consequences of IT.�Particular attention is paid to fiscal policy, capital account liberalisation and monetary transmission mechanisms.� � This book examines the progress by various MENA countries towards IT. Against the background of the paths taken in Europe (and the changes in financial infrastructure which were required), the authors examine how Turkey first came to IT, first informally and then formally, and how IT has worked for Turkey so far. They also consider in turn the varying experiences of Egypt, Morocco and Tunisia, and debate whether, in the light of the global financial crisis, IT is in fact the appropriate strategy to adopt.
520 $a "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."-- $c Provided by publisher.
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