The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia

The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia
Author :
Publisher : International Monetary Fund
Total Pages : 29
Release :
ISBN-10 : 9781513545646
ISBN-13 : 1513545647
Rating : 4/5 (647 Downloads)

Book Synopsis The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia by : Mr.Calixte Ahokpossi

Download or read book The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia written by Mr.Calixte Ahokpossi and published by International Monetary Fund. This book was released on 2020-06-26 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the adoption of the inflation targeting framework by Bank Indonesia (BI), monetary policy communication has played an increasingly important role in BI’s policy toolkit. This paper assesses BI’s monetary policy communication from three perspectives: i) its transparency and clarity, ii) its ability to align market expectation and BI’s policy decisions (predictability), and iii) its impact on financial markets. In particular, we assess the impact of BI’s monetary policy practices by focusing on its monetary policy press releases and monetary policy reports. The results show that Bank Indonesia has made significant progress in the transparency of its communication as well as in the institutional framework to support this. Nonetheless, the results also suggest ways in which the impact of communication can be further improved, including by strengthening the clarity of policy messages, its consistency with the policy framework and the depth of the money market.


The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia Related Books

The Impact of Monetary Policy Communication in an Emerging Economy: The Case of Indonesia
Language: en
Pages: 29
Authors: Mr.Calixte Ahokpossi
Categories: Business & Economics
Type: BOOK - Published: 2020-06-26 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Since the adoption of the inflation targeting framework by Bank Indonesia (BI), monetary policy communication has played an increasingly important role in BI’
Monetary Policy Transmission in Emerging Markets and Developing Economies
Language: en
Pages: 54
Authors: Mr.Luis Brandao-Marques
Categories: Business & Economics
Type: BOOK - Published: 2020-02-21 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT).
Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries
Language: en
Pages: 74
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2015-10-23 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial mar
India’s Financial System
Language: en
Pages: 290
Authors: Mr. Alfred Schipke
Categories: Business & Economics
Type: BOOK - Published: 2023-07-06 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

India has experienced a prolonged period of strong economic growth since it embarked on major structural reforms and economic liberalization in 1991, with real
Trauma To Triumph: Rising From The Ashes Of The Asian Financial Crisis
Language: en
Pages: 950
Authors: Hoe Ee Khor
Categories: Business & Economics
Type: BOOK - Published: 2022-05-12 - Publisher: World Scientific

DOWNLOAD EBOOK

This book takes stock of and analyzes the events during the Asian financial crisis (AFC) and subsequent developments, including the global financial crisis (GFC