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Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10013270942
We compare the economic growth performance of Belarus and Lithuania since the collapse of the Soviet Union in 1991. Our interest in this country pair is driven by the two countries' interwoven histories as well as by the fact that Belarus remains autocratic and strongly tied to Russia, while...
Persistent link: https://www.econbiz.de/10013429074
's smaller agricultural sector and greater emphasis on manufacturing; and (e) Poland's lower inflation and higher level of …
Persistent link: https://www.econbiz.de/10014374374
In the last decade, advanced economies, including the euro area, experienced deflationary pressures caused by the global financial crisis of 2007-2009 and the anti-crisis policies that followed - in particular, the new financial regulations (which led to a deep decline in the money multiplier)....
Persistent link: https://www.econbiz.de/10011859175
Persistent link: https://www.econbiz.de/10011430810
inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current … pool of unemployed without creating upward risks to inflation. …
Persistent link: https://www.econbiz.de/10011430893
: Gibt es dieses Wirtschaftswachstum tatsächlich oder handelt es sich um eine statistische Fiktion? Wenn die Wirtschaft …
Persistent link: https://www.econbiz.de/10010295176
Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … and China (the latter country has been included for the first time in our report), create every impression of having … integrated fully into the global economy and added to its dynamics. That notwithstanding, if we disregard China, the other …
Persistent link: https://www.econbiz.de/10012100044
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 …
Persistent link: https://www.econbiz.de/10012100050
, the Slovak Republic, Slovenia, Serbia and Montenegro, Romania, Russia, Turkey, Ukraine, and China). A short analysis of …-nationalization and the lacklustre programme of the new government. China continues to register extremely rapid GDP growth, despite some …
Persistent link: https://www.econbiz.de/10012100056