@techreport{NBERw7618, title = "Inflation Targeting in Emerging Market Countries", author = "Frederic S. Mishkin", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "7618", year = "2000", month = "August", URL = "http://www.nber.org/papers/w7618", abstract = {This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging market countries, it can be a highly useful monetary policy strategy in a number of them.}, }