Inflation targeting was first adopted in New Zealand in 1989. Today, it is becoming a globally accepted concept. This book sets out to explore the underlying principles of inflation targeting, its importance, the issues involved, the role of central banks in stabilizing inflation and how they can benefit policy formulation.
ABOUT THE AUTHOR Venkata Seshaiah Sakalya
Dr. Venkata Seshaiah Sakalya holds an MA, M.Phil, Ph.D. (Econometrics) from Sri Venkateswara University, Tirupati. He is currently working as Associate Dean (Research) at Icfai Business School, Hyderabad. Prior to joining Icfai, he worked as a lecturer in the Department of Economics and Finance at BITS Pilani, Rajasthan. He was also associated with Siva Sivani Institute of Management, Hyderabad and Kirloskar Institute of Advanced Management Studies, Harihar, Karnataka. He also worked in NCAER as field investigator. He has twelve years of teaching and research experience. His research articles in the area of economics and finance were published in many reputed journals in India and abroad. He is the consulting editor for Icfai Journal of Applied Economics. His areas of interest are financial economics and development economics.
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