This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of countries covering all regions and a broad range of...

This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of countries covering all regions and a broad range of...

The study investigated the effect of oil price shocks on the economies of four selected oil-exporting African countries from the period of the first quarter of 1980 to the fourth quarter of 2018 using a global vector autoregression. After carrying out all the preliminary tests such as the unit...