Open AccessThe strategy of direct inflation targeting – experiences of the countries of Middle-East Europe
Author(s) -
Dorota Zbierzchowska
Publication year - 2009
Publication title -
equilibrium
Language(s) - English
Resource type - Journals
eISSN - 2353-3293
pISSN - 1689-765X
DOI - 10.12775/equil.2009.019
Subject(s) - czech , inflation (cosmology) , middle east , inflation targeting , economics , business , political science , macroeconomics , monetary policy , philosophy , physics , linguistics , theoretical physics , law
This paper aims at presenting theoretical assumptions of the strategy of direct inflation targeting as well as profits and potential threats stemming from the acceptance of that strategy. Empirical analysis compares the results of implementation of the BCI strategy in the Central and Eastern European countries (Poland, Czech Republic, Romania, Slovakia, Hungary).