@article{oai:shobi-u.repo.nii.ac.jp:00000053, author = {東, 忠尚 and HIGASHI, Tadahisa}, journal = {尚美学園大学総合政策研究紀要, Bulletin of policy and management, Shobi University}, month = {Mar}, note = {After the Great Depression and World War II many countries aimed to realize economic growth and welfare societies by Keynsian-type demand expansion policies. As a result most of them suffered often from hyper inflation or stagflation and large fiscal deficits. Over recent years world circumstances have largely changed. The market economy has overwhelmed and globalized. The floating exchange rate system has prevailed. Governments and central banks have given priority to stabilizing economies. In particular there has been increasing interest in monetary policy, with much of this interest focusing upon the properties of monetary policy rules. One of the rules is the scheme of Inflation Targeting that aims to control inflation by establishing a target figure for the upper limit growth rate of the Price Index. In this issue I treat the outline and features of Inflation Targeting and the historical background of why has been introduced. Nowadays Japan suffered from deflation. Many politicians and economists have considered Inflation Targeting as a measure to overcome deflation. Can it be so? In the next issue I will examine the function and theoretical basis of Inflation Targeting., 4, KJ00002411889, 論文, Article}, pages = {19--31}, title = {インフレーション・ターゲティング論(1)}, volume = {5}, year = {2003}, yomi = {ヒガシ, タダヒサ} }