Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic …

This paper classifies countries that define their monetary policy framework by an inflation target into full …-fledged inflation targeters, eclectic inflation targeters and inflation targeting lite regimes. This classification is based on … indicators of the clarity and credibility of the commitment to the inflation target. The three regimes can be viewed as …

lowering inflation. Such recent developments have brought to the forefront the idea that freely mobile capital, independent … all three. Inflation-targeting regimes being adopted by many countries provide a way of resolving this dilemma. …

Inflation targeting lite (ITL) countries float their exchange rate and announce an inflation target, but are not able … to maintain the inflation target as the foremost policy objective. This paper identifies 19 emerging market countries as … practitioners of ITL. They seem to focus mainly on bringing inflation into the single digits and maintaining financial stability …