Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. This article evaluates the impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain and Finland. While smaller shocks...

Besides “personalism“, and “solidarity“, the “principle of subsidiarity” is the third layer of Christian Social Philosophy. It requires that in a good society political competences should be allocated at the lowest possible level if possible. What the single citizens can achieve should not...

Abstract Rural development has significantly benefited from intensifying relations between the government and third sector organizations (TSOs) during the last several decades. TSOs can induce innovation in rural development in a variety of ways including advocacy, awareness raising,...