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facto central bank independence. -- Central bank research ; Fiscal policy ; Inflation: costs and benefits …
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The paper describes the monetary and fiscal policy frameworks in Sweden and analyses how they were established as well as current challenges. Sweden provides a good example of how deep economic crisis, in interaction with independent thinking by academics and other experts as well as policy...
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budget consolidation, interest rate hikes, or lowering the target inflation rate could prevent a crisis. The most effective … and efficient measure is lowering the perceived inflation target by restoring central bank’s independence, thereby … regaining investor confidence. Loans from international partners would also stabilize Turkey’s currency, inflation, and economy …
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inflation targeter early in this period but began to pay less attention to inflation after 2009. Loss of the strong nominal …
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