السياسة النقدية و سياسة استهداف التضخم : دراسة قياسية لحالة البرازيل خلال الفترة (1990-2015)‎

Abstract EN

Monetary policy is one of the forms of stability policy pursued by the state to combat the various economic imbalances that have accompanied economic development.

As it represents the monetary aspect of economic policy.

Monetary policy seeks to achieve one of its most important objectives is the goal of maintaining the overall stability of prices.

The aim of this study is to examine the extent to which monetary policy can control inflation in Brazil and thus apply inflation targeting policy.

This study was carried out according to four variables: gross domestic product, inflation rate, growth of the monetary mass and exchange rate during the period 1990-2015.

It was concluded that Brazil's inflation targeting policy could not be applied due to the lack of its initial conditions, including the independence of the Central Bank.