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Measuring and Fighting for Price Stability in Turbulent Times: Lessons from East Asia

In: Inflation and Deflation in East Asia

Author

Listed:
  • Frank Rövekamp

    (Ludwigshafen University of Business and Society)

  • Moritz Bälz

    (Goethe University)

  • Hanns Günther Hilpert

    (German Institute for International Security Affairs (SWP))

  • Wook Sohn

    (KDI School of Public Policy and Management)

Abstract

The preservation of price stability requires the correct measurement of inflation rates, appropriate economic policies to fight inflation or deflation and a legal framework, which defines the tools and boundaries of monetary policy. This chapter summarizes the respective concepts and experiences in East Asian economies like Japan, Korea, Singapore and Taiwan.

Suggested Citation

  • Frank Rövekamp & Moritz Bälz & Hanns Günther Hilpert & Wook Sohn, 2023. "Measuring and Fighting for Price Stability in Turbulent Times: Lessons from East Asia," Financial and Monetary Policy Studies, in: Frank Rövekamp & Moritz Bälz & Hanns Günther Hilpert & Wook Sohn (ed.), Inflation and Deflation in East Asia, chapter 0, pages 1-10, Springer.
    • Handle: RePEc:spr:fimchp:978-3-031-27949-2_1
    DOI: 10.1007/978-3-031-27949-2_1
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