Inflation Targeting and emerging economies with special reference to India

International Journal of Economics and Management Studies

© 2017 by SSRG - IJEMS Journal

Volume 4 Issue 7

Year of Publication : 2017

Authors : Kanupriya Suthar

10.14445/23939125/IJEMS-V4I7P111

How to Cite?

Kanupriya Suthar, "Inflation Targeting and emerging economies with special reference to India," SSRG International Journal of Economics and Management Studies, vol. 4,  no. 7, pp. 43-46, 2017. Crossref, https://doi.org/10.14445/23939125/IJEMS-V4I7P111

Abstract:

 Inflation has been a cause of concern for almost all the countries in recent times. To tackle the problem of inflation the strategy of inflation targeting has been devised. Inflation targeting has been a topic of debate since its starting. In this paper the advantages and disadvantages of this strategy have been explained with an attempt to explore its relevance for an emerging country with special reference to India where inflation is more of a supply side phenomenon rather than a demand pulled one.

Keywords:

Inflation targeting, monetary policy, central bank, economic growth, developing countries, MPC.

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