{"product_id":"monetary-frameworks-in-emerging-markets-von-samar-maziad","title":"Monetary Frameworks in Emerging Markets","description":"\u003cp\u003eThe book examines monetary policy frameworks in  emerging markets, focusing on central bank  independence, the monetary policy strategy, and the  exchange rate regime. The research applies  quantitative empirical analysis and in-depth case  studies on Egypt, Jordan and Lebanon.  The empirical analysis investigats: the phenomenon  of ¿fear of floating'' and the correlation between  exchange rate and macroeconomic volatility; the  degree of monetary policy independence in emerging  markets in the context of their increased  integration in the global economic system; and the  degree of central bank independence and how it  influences both ¿fear of floating'' and monetary  policy independence.   The results highlight the impact of central bank  independence on the other aspects of the  monetary framework, as it mitigates fear of  floating and contributes to increased monetary  policy independence of world interest rates in  emerging markets.  The conclusions that emerge from  the cases suggest that central bank independence is  critical in achieving exchange rate and price  stability and point to the benefits of proactively  managing the exchange rate regime.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838346601\"\u003e\u003ch3\u003eCentral Bank Independence and Exchange Rate Arrangements\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838346601","offer_id":39498988257373,"sku":"9783838346601","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/e85107ec-a840-48e6-9ec3-b7c76a55d1ad.jpg?v=1775711530","url":"https:\/\/shop.autorenwelt.de\/en\/products\/monetary-frameworks-in-emerging-markets-von-samar-maziad","provider":"Autorenwelt Shop","version":"1.0","type":"link"}