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This 2005 Article IV Consultation highlights that the economic recovery in Mexico that began in mid-2003 has continued in 2005, though at a slower pace. A broad-based expansion of economic activity in 2004, driven by a rebound of private consumption and private investment, took growth up to 4.4...
Persistent link: https://www.econbiz.de/10005767398
additional broad-based decline is projected in 2004. Year-over-year inflation reached 600 percent during November 2003â …€“February 2004. However, monthly inflation, which had reached 34 percent in November 2003, fell to 5 percent in April 2004 following …
Persistent link: https://www.econbiz.de/10005768469
This 2003 Article IV Consultation for Hungary highlights that developments in growth and inflation were broadly … 2002 from 3.0 percent in the first half. Headline inflation declined from its recent peak of 10.8 percent in May of 2001 to …
Persistent link: https://www.econbiz.de/10005768499
This 2003 Article IV Consultation highlights that the economy of the Republic of Poland began to recover during 2002 from the sharp weakening of growth in 2000–01, but the recovery is fragile. Private consumption picked up gradually, fueled by rising real fiscal transfers, easing monetary...
Persistent link: https://www.econbiz.de/10005768512
The U.S recession of 2007 to 2009 is unique in the post-World-War-II experience by the broad company it kept. Activity contracted around the world, with the advanced countries of the North experiencing declines in spending normally the purview of the developing economies of the South. The last...
Persistent link: https://www.econbiz.de/10008468628
We study economic growth and inflation at different levels of government and external debt. Our analysis is based on … roughly cut in half. Third, there is no apparent contemporaneous link between inflation and public debt levels for the … advanced countries as a group (some countries, such as the United States, have experienced higher inflation when debt/GDP is …
Persistent link: https://www.econbiz.de/10008468655
As it also happened in many Latin American countries during the 60s and 70s, inflation became one of the main economic … reforms(1990-1993). Inflation was perceived as a huge problem by Brazilian economic authorities from 1979 on. Since then …
Persistent link: https://www.econbiz.de/10008533695
Prais (1958) showed that the standard CPI computed by most statistical agencies can be interpreted as a weighted average of household price indexes, where the weight of each household is determined by its total expenditures. In this paper, we analytically decompose the difference between the...
Persistent link: https://www.econbiz.de/10005125974
If a consumer wishes to protect her retirement account from the risk of price changes in order to sustain a stable standard of living, then what price index should the account be indexed to? This paper constructs a dynamic price index (DPI) that answers this question. Unlike the existing theory...
Persistent link: https://www.econbiz.de/10005504651
Persistent link: https://www.econbiz.de/10005590873