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Monetary policy with very low inflation in the Pacific Rim
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Publication
Monetary policy with very low inflation in the Pacific Rim
2006
Overview
Extremely low inflation rates have moved to the forefront of monetary policy discussions. In Asia, a number of countries-most prominently Japan, but also Taiwan and China-have actually experienced deflation over the last fifteen years. Monetary Policy with Very Low Inflation in the Pacific Rim explores the factors that have contributed to these circumstances and forecasts some of the potential challenges faced by these nations, as well as some potential solutions.The editors of this volume attribute low inflation and deflation in the region to a number of recent phenomena. Some of these episod
Publisher
University of Chicago Press
Subject
ISBN
9780226378978, 0226378977
