01867cas a2200241 a 4500 AALejournalIMF006030 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451873832 1018-5941 BD-DhAAL BD-DhAAL Roger, Scott. Inflation Targeting at 20 : Achievements and Challenges / Scott Roger. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of "flexible" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity price and financial shocks in 2007-2009 than non-inflation targeters. Key issues going forward include adapting inflation targeting to emerging market and developing countries, and incorporating financial stability issues into the framework. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/236 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/236/001.2009.issue-236-en.xml IMF e-Library