The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in … and inflation. Possible refinements to the inflation targeting framework in Korea were investigated by taking into account … business cycle fluctuations by mitigating the buildup of factors that lead to large fluctuations in output and inflation. …

Inflation in Southeastern European (SEE) countries has been comparable with euro area inflation, partly owing to on the … inflation-targeting regime pursued in Albania. The analysis also explores additional heterogeneity between SEE and other regions …

This Selected Issues paper investigates the drivers of headline inflation and the degree of exchange rate pass … both domestic and external drivers for inflation dynamics. The Gambia is indeed a net importer of essential foods and … exchange rate, and the domestic output gap. The short-run dynamics of inflation points to the roles of global food price and …

moderate and inflation high. Executive Directors have advised that the focus should be on reducing fiscal vulnerabilities …, lowering inflation, promoting a stronger and more competitive banking system, and creating a favorable environment for …

-over-year inflation declined from 7.2 percent at end-2002 to 3.5 percent in March 2004. IMF staff analysis suggests that the widening of …