inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … reminiscent of the global inflation generated by the weak dollar in the 1970s. …

Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation …

to EU accession and rising energy prices), inflation resumed its downward trend, reaching low single digits in most NMS … (except Slovakia) and in the remaining transition countries as well (except Romania, Serbia and Ukraine). Russian inflation … remaining inflation differential with respect to the eurozone, magnified by a natural appreciation tendency of NMS currencies …

(except in Hungary). Inflation slowed down to very low levels and is no longer a serious problem. Hungary and Slovakia will … Serbia, which has seen accelerating inflation, and Romania, where disinflation has been interrupted. The downside to that is …

. Macroeconomic stability will be maintained, though inflation is picking up; and is a serious problem in Serbia and Romania …. Inflation is a major concern in Turkey, as is macroeconomic stability more fundamentally. At the end of 2006 it should be …, inflation is expected to remain in double digits. The new government is likely to be less inclined to implement liberal reforms …

nowadays much sounder than in the past (Hungary being temporarily an exception). The rates of inflation are quite low and … growing external borrowing, possibly associated with the growing presence of foreign banks. Inflation apart, the country …

stability indicators – inflation, current account status and fiscal balance – reveal a more differentiated and less favourable … Slovakia does very high growth seem to be sustainable at least over the next two years. Inflation will remain relatively low …

evaluate the impact of monetary policy on New Zealand business cycles and inflation variability and the output/ inflation … policy has generally been counter-cyclical, thereby reducing business cycles and inflation variability. Exceptions are in … inflation targeting monetary policy tended to simultaneously reduce inflation and output variability. From 1996 to 2001 monetary …