conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … complemented by better exchange rate management (resulting in lower exchange rate and inflation volatility) and more fiscal … banks, as well as slightly higher national savings, further increased Africa’s resilience to shocks. Regarding structural …

inflation in order to stabilize the expectations of households, firms and innovators. Endogenous growth provides a self … debt-stabilizing inflation when current fiscal deficits are not backed by future fiscal surpluses. Because growth creates … unique stable equilibrium, provided that the policy permits r−g to fall with inflation. …

The study analyses the nature of the nexus between budget deficit and economic growth given inflation trends. It … method of moments (GMM) for the empirical evidence. The following results are established: (i) the level of inflation above … reduction of inflation to below 1.8%. Otherwise, any measures put in place by the monetary authorities to stabilize prices would …

This study investigates inflation persistence in annual CPI inflation collected between 1994 and 2014 for 46 African … countries. We group these countries into panels according to whether they are inflation targeters or not and conduct estimations … for pre and post inflation targeting periods. Interestingly enough, we find that inflation persistence was much higher for …