Monetary Policy and Food Inflation in Emerging and Developing Economies

Taylor & Francis

Monetary Policy and Food Inflation in Emerging and Developing EconomiesAuthor(s): Abdul-Aziz Iddrisu, Imhotep Paul Alagidede\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032049663, 978-1032049663\nSynopsis\nThis book focuses on the impact of monetary policy and food price volatility and inflation in emerging and developing economies. \n\nThe tendency for food price volatility to blot inflation forecasting accuracy, engender tail dynamics in the overall inflation trajectory and derail economic welfare is well known in the literature. The ability of monetary policy to exact stability in food prices, theoretically, has also been well espoused. The empirical evidence, however, is not only in short supply, but also the studies available have dwelt on approaches that underplay the volatile behaviour of food prices. This book focuses on inflation targeting in emerging economies such as Chile, Mexico, Turkey, Brazil, Hungary, Russia.