This 1999 Article IV Consultation with Greece highlights that the 'regime switch' represented by the drachma … of Greece concerns about its potential inflationary impact. On structural reforms, progress has been visible with regard … limited policy tools to restrain inflation within the short time span available to the Maastricht test date …

This 2003 Article IV Consultation highlights that the economic expansion that began in Greece in the mid-1990s has … increases kept inflation well above the euro area average. Consumer price inflation averaged close to 4 percent in 2002 …

Greece's integration into the euro area adds urgency to addressing the economic challenges. Securing stabilization …

This paper focuses on the role of debt maturity in managing the government’s incentives to use opportunistic inflation … powerful instrument to affect the time profile of the inflation tax base and, hence, to mitigate the distortions introduced by …

We show that the presence of nominal non-indexed government debt could give rise to more than one equilibrium inflation …

reducing inflation from three-digit annual rates in the 1990s to single-digit territory in 2004. The paper also discusses the …

While inflation slowed sharply in Mexico during 1988, imports surged. Although the growth of domestic absorption could …