This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country. Government spending out of oil revenues leads to large liquidity injections that the central bank accommodates owing to its efforts to prevent a significant nominal appreciation of the rial and the lack of effective sterilization instruments. The growing discontent with inflation, however, has compelled policymakers to focus on this issue, bringing it to the forefront of the policy agenda.
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
|
paperback
else
|
epub
else
|
mobi
else
|
English |
|
|
|
Prices in red indicate formats that are not yet available but are forthcoming.