觀點通膨

EMERGING MARKETS MUST STAY FOCUSED ON INFLATION
新興市場必須重視通膨


康乃爾大學教授坎伯和普拉塞德:全球金融危機過後,通膨目標制遭到了嚴厲抨擊,但新興市場不應放棄通膨目標。

Inflation targeting has become the monetary policy framework of choice for emerging markets. Following the lead of developed countries, most emerging market central banks have adopted frameworks in which their priority is to maintain price rises at a target level or within a specified range. Many others are moving towards such a system.

通膨目標制已成爲新興市場首選的貨幣政策框架。在發達國家的帶動下,多數新興市場央行已採用了這種框架:其首要任務是保證價格漲幅處於目標水準或某個特定區間。許多其它國家正轉向這種體系。

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