The current financial crisis has deepened during the end of 2008. The multinational corporations (MNCs) are trying to adapt themselves, the international organizations are debating possible solutions, and the governments are increasing their capacity to intervene in the economy. This work...

The current financial crisis has deepened during the end of 2008. The multinational corporations (MNCs) are trying to adapt themselves, the international organizations are debating possible solutions, and the governments are increasing their capacity to intervene in the economy. This work...

In the last seven decades multilateral agencies have by and large conditionned the external policies of several countries. Recently, uneasiness with several aspects has led to initiatives that question the present framework. The formation of the BRICS is a good example. However, initiatives by...

Monetary policy, inflation and economic growth: the influence of the monetary authority?s reputation upon the economy The following paper aims to show that, although a monetary policy, which merely seeks to control inflation through an interest rate rule (under inflation targeting), may reach...

Inflation targeting and price-making in monetary economies: is it possible to conciliate growth with price stability? - Recently a number of countries have adopted explicit inflation targets as a guide for policy since a numerical target is attractive for anchoring inflation expectations....