Sovereign borrowing during inflation surges is a litmus test of a government's ability to withstand and navigate … inflation surges and how policy practices affect their ability to weather inflation shocks. We find that governments rely more … on foreign-currency debt from foreign investors during periods of high inflation. This pattern is particularly prevalent …

choices matter for output volatility and the medium-term level of inflation. Greater monetary independence is associated with … associated with a higher level of inflation while greater exchange rate stability and greater financial openness could lower the … inflation rate. We find that trilemma policy configurations affect output volatility through the investment or trade channel …

affect output growth volatility, inflation rates, and the volatility of inflation, with focus on developing economies. Some …) greater monetary autonomy is associated with a higher level of inflation while greater exchange rate stability and greater … financial openness could lower the inflation level; (iii) a policy pursuit of stable exchange rate while financial development …

output growth and inflation, and medium term inflation rates. Some key findings for developing countries include: (i) greater … inflation while greater exchange rate stability and greater financial openness could lower the inflation level; (iii) a policy … the level and the volatility of inflation. …

output growth and inflation, and medium term inflation rates. Some key findings for developing countries include: (i) greater … inflation while greater exchange rate stability and greater financial openness could lower the inflation level; (iii) a policy … the level and the volatility of inflation. …