01822cas a2200265 a 4500 AALejournalIMF011351 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463923242 1018-5941 BD-DhAAL BD-DhAAL Medina Cas, Stephanie. Improving the Monetary Policy Frameworks in Central America / Stephanie Medina Cas, Alejandro Carrion-Menendez, Florencia Frantischek. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (38 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 Several Central American (CADR) countries with independent monetary policies are strengthening their monetary frameworks and some have implemented or are moving towards inflation targeting (IT) regimes. Strengthening the monetary policy frameworks of CADR is key to improving the effectiveness of monetary policy. The paper reviews the literature on the reforms needed for strengthening the monetary policy frameworks, and examines the experiences of IT countries, Chile, Peru, and Uruguay to help distill lessons for CADR. It also constructs an index to measure the relative strength of the monetary policy framework of CADR countries. Mode of access: Internet Carrion-Menendez, Alejandro. Frantischek, Florencia. IMF Working Papers; Working Paper ; No. 2011/245 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/245/001.2011.issue-245-en.xml IMF e-Library