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Ilan Goldfajn

Ilan Goldfajn is Professor of Economics at Pontificia Unversidade Cátolica do Rio de Janeiro and a partner at Gavea Investimentos. He was Deputy Governor for Economic Policy at the Central Bank of Brazil from 2000 to 2003.

Titles by This Editor

Inflation Targeting, Debt, and the Brazilian Experience, 1999 to 2003

Edited by Francesco Giavazzi, Ilan Goldfajn and Santiago Herrera

Inflation targeting—when central bank policies set specific inflation rate objectives—is widely used by both developed and developing countries around the world (although not by the United States or the European Central Bank). This collection of original essays looks at how Brazil's policy of inflation targeting, coupled with a floating exchange rate, survived a series of severe economic shocks and examines the policy lessons that can be drawn from Brazil's experience.