Critically evaluate the success of inflation targeting in

Critically evaluate the success of inflation targeting in

Critically evaluate the success of inflation targeting in the chosen two countries (650 words)(20%).(b) Inflation targeting, which has been successfully used by a number of industrialized countries,became an increasingly attractive alternative to a growing number of emerging marketcountries. Evaluate the success of adopting this policy in maintaining price stability,encouraging economic growth and reducing unemployment in the emerging economies ofBrazil and Poland. (400 words) (15%).(c) Critically evaluate the following statement, “inflation targeting seems to have been overglorified. There are countries such as Japan and United States of America who have shunnedinflation targeting and have managed to perform better than the inflation targeters in termsof keeping inflation low and stable, attaining reasonable economic growth and lowunemployment rates”. (600 words) (15%)(d) What role should the exchange rate play in an inflation targeting economy? (200 words)(5%)(Note that for introduction and conclusion maximum number of words should be 150)In addition to the above, you will also be assessed on the following: (see marking Rubric atthe end for more description of expectation).(e) Content Audience and Purpose (5%)(f) Critical reasoning, presentation and defence of an argument and/or position (10%)(g) Analysis and Application with synthesis of new knowledge (15%)(h) Use of academic conventions and sources of evidence (5%)(i) Effective communication (5%)(j) Peer Review (5%)Submission Instructions: This assignment must adhere to the following:1. This assignment must be prepared and submitted as a group of 3 individuals.2. You must prepare a Business Report. Please ensure that a report format is adhered to as strictly aspossible. Marks will be lost if any other format is used.3. Submit as a Word document properly referenced using the APA referencing style. Wikipedia andInvestopedia not acceptable academic sources. Note that the Reference list, appendices andcalculations are not included in word count.4. Although it is a group report each member of the group is to submit the same assessmentindividually

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