This special issue is dedicated to the Inter-America Development Bank and focuses on the topic of inflation targeting. Contents - Inflation Targeting in Colombia 2002-12, Miguel Urrutia and Marc Hofstetter (Universidad de los Andes), and Franz Hamann (Banco de la Republica) - Central Bank Liquidity Management and Unconventional Monetary Policies, Javier Garcia-Cicco (Universidad Catolica Argentina--Central Bank of Chile) and Enrique Kawamura (Universidad de San Andres) - Inflation Targeting in Latin America, Adolfo Barajas (IMF), Roberto Steiner, Leonardo Vilar and Cesar Pabon (Fedesarrollo) - On the Effectiveness of Complementarity between Macroprudential Instruments and Monetary Policy Rules, Jessica Roldan Pena, Daniel Samano, and Alberto Torres (Banco de Mexico)