NEW ZEALAND’S EXPERIENCE IN TRANSITIONING TO INFLATION TARGETING

Duskobilov, Umidjon

Муҳандислик ва Иқтисодиёт · 2026-yil

Annotatsiya

This article examines New Zealand’s experience in transitioning to inflation targeting. Particular attention is paidto the macroeconomic conditions and institutional factors that motivated the country’s transition to this monetary policyframework. The study analyzes the role of the Reserve Bank of New Zealand, the evolution of the inflation target, and therelationships among inflation, GDP growth, and exchange-rate dynamics. It also examines the use of the Trade-WeightedIndex as an indicator of the external value and international competitiveness of the New Zealand dollar. The findingsindicate that the transition to inflation targeting strengthened monetary policy credibility, contributed to price stability, andprovided greater flexibility in responding to domestic and external economic shocks.

Maqola ma’lumotlari
MualliflarDuskobilov, Umidjon
JurnalМуҳандислик ва Иқтисодиёт
Nashr sanasi2026-07-01
Jild4
Son7
Betlar21-27
TilIngliz

Kalit so‘zlar

monetary policy, inflation targeting, inflation expectations, price stability, exchange-rate policy, Trade-Weighted Index, Reserve Bank of New Zealand

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