It takes the average reader and 27 minutes to read Inflation Targeting in the Context of IMF-Supported Adjustment Programs by Mr. Gerd Schwartz
Assuming a reading speed of 250 words per minute. Learn more
This paper argues that the IMF''s traditional monetary conditionality-a ceiling on net domestic assets of the central bank and a floor on its net international reserves-should be adapted in IMF-supported adjustment programs with countries which have a framework of explicit inflation targets for the implementation of monetary policy. This adaptation should aim at enhancing correspondence and consistency between the monetary objectives of the central bank and the targets established under the IMF-supported adjustment program, as well as between the different instruments used to achieve the policy objectives and targets. The paper reviews various general options in this regard, and, using the case of Brazil as an example, demonstrates how these options may be implemented in practice.
Inflation Targeting in the Context of IMF-Supported Adjustment Programs by Mr. Gerd Schwartz is 27 pages long, and a total of 6,939 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Inflation Targeting in the Context of IMF-Supported Adjustment Programs aloud.
Inflation Targeting in the Context of IMF-Supported Adjustment Programs is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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