Inflation Targeting Pillars: Transparency and Accountability

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International Monetary Fund, Dec 1, 2009 - 19 pages
This is the fourth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation- Targeting Regimes: Saying What You Do and Doing What You Say." It examines a number of issues related to transparency and accountability in an inflation-targeting regime. It first looks at the factors behind the move to increased transparency in recent years and the important role of a communications strategy in transparency. It then turns to the role of the forecast in communications, how risks surrounding the forecast are communicated, and whether there should be limits on what is made public. It concludes with a short discussion of accountability.

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About the author (2009)

Charles Freedman is a Senior Flash Developer for Yahoo! with a communications degree in film and television from Boston University. His development approach combines an education in multimedia with expertise and passion for building engaging and intuitive applications and content.
In recent years, Charles has produced some of the most highly visible Flash platform work, leading development for Yahoo! Maps and deploying modules for the home pages of eBay, eBay China and Fidelity. Born in Boston, Charles relocated with his wife Jamie to sunny Santa Clara, California, to join Yahoo! in 2005. Still a season ticket holder, he plans many trips back East to see his beloved Red Sox win another World Series.

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