Session 2—Monetary Policy Frameworks in Low Income and Developing Countries
imf seminars event
DATE: October 10, 2015
4:00 PM - 5:00 PM Lima Time
LOCATION: Lima Convention Center 6 - Pachacamac
A large number of Low and Lower Middle Income Countries (LLMICs) are now moving to more flexible and forward-looking frameworks for formulating, implementing, and communicating monetary policy. LLMICs face a number of important challenges in conducting monetary policy, including rapid structural change, large and frequent supply shocks, scarce analytical and operational capacity, and limited data availability. This session will explore the way forward for monetary policy frameworks in these countries, drawing where possible on the lessons from those who have gone before.