Inflation targeting (IT) has emerged in recent years as a leading framework for conducting monetary policy in order to attain price stability. Like many other developing countries, Egypt is now aspiring to introduce inflation targeting as a framework for its monetary policy. This research...

In this paper we analyze the achievement of the countries with regard to financial liberalization. Financial liberalization brought many new challenges many of which remain as reforms continue to be implemented. These challenges relate to the way in which monetary policy is formulated and...