Monetary policy frameworks for emerging markets / edited by Gill Hammond, Ravi Kanbur, Eswar Prasad.

Includes bibliographical references and index.

PART I. FRAMEWORKS FOR MONETARY POLICY -- 1. Monetary policy challenges for emerging market economies / Gill Hammond, Ravi Kanbur and Eswar Prasad -- 2. The pursuit of monetary and financial stability in emerging market economies / Bandid Nijathaworn and Piti Disyatat -- 3. Implementation of inflation targets in emerging markets / José de Gregorio -- 4. Whatever became of the monetary aggregates? / Charles Goodhart -- 5. Fear of appreciation : exchange rate policy as a development strategy / Eduardo Levy-Yeyati and Federico Sturzenegger -- 6. Aid reversals, credibility, and macroeconomic policy / Edward Buffie...[et. al.] -- PART II. COUNTRY EXPERIENCES -- 7. The nexus between monetary and financial stability : the experience of selected Asian economies / Sukudhew Singh -- 8. A framework for independent monetary policy in China / Marvin Goodfriend and Eswar Prasad -- 9. Monetary policy transmission in India / Rakesh Mohan and Michael Patra -- 10. Inflation targeting and exchange rate : notes on Brazil's experience / Paulo Vieira da Cunha, Daniela Silva Pires and Wenersamy Ramos de Alcântara -- 11. Czech experience with inflation targeting / Luděk Niedermayer -- 12. Monetary and fiscal policy mix in Serbia, 2002-07 / Diana Dragutinovic -- 13. Aid volatility, monetary policy rules and the capital account in African economies / Christopher Adam, Stephen O'Connell and Edward Buffie -- 14. Regional asymmetries in the impact of monetary policy on prices : evidence from Africa / David Fielding -- 15. Monetary policy and inflation modeling in a more open economy in South Africa / Janine Aron and John Muellbauer -- 16. Inflation management and monetary policy formulation in Ghana / Nil Kwaku Sowa and Philip Abradu-Otoo -- 17. Monetary policy in Zambia : experience and challenges / Denny H. Kalyalya.