sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …

adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union … credibility, and that a positive inflation target, as opposed to zero inflation, leads to higher and less volatile output. These … countries supports country-specific flexible inflation targeting …

and German economies are considered: an appreciation of their joint exchange rate against other currencies, an inflation …

facilitating the resolution of global imbalances while sustaining robust global growth. China, the euro area, Japan, Saudi Arabia …

This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated … yen. Inflation expectations have started to increase, and actual inflation recorded positive growth in June. The near …

bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy … cannot fight inflation alone; concerted efforts on other fronts are also necessary. Near-term fiscal policy could better …

, indicating a stronger growth outlook for the second half of 2013. The near-term outlook is for moderate growth and inflation at …

monetary policy and exchange rate decisions more closely with its inflation. Maintaining central bank independence and …