المقريزي للدراسـات الاقتصادية والمـالية
Volume 8, Numéro 2, Pages 417-433
2024-12-01

The Effectiveness Of Inflation Targeting Policy In Promoting Economic Growth ( Study Experience : United Kingdom, Sweden, New Zealand )

Authors : Abdelhafidi Aissa . Haychar Ahmed Tidjani .

Abstract

Abstract: This research aimed to assess the impact of inflation targeting on economic growth in New Zealand, Sweden, and the United Kingdom. The findings indicated that inflation rates during the inflation targeting period positively contributed to economic growth. The study used the Pannell model with annual data from 1993 to 2021. Therefore, a successful inflation targeting policy enhances economic growth rates.

Keywords

: Inflation targeting policy ; Economic growth ; Monetary policy