-related pressures, and the medium run impact on competitiveness and growth. The impact on inflation and the real exchange rate could be …

inflation-unemployment process. The results provide some evidence in favor of the Lucas critique by showing that the short …-run unemployment-inflation trade-off tends to improve in countries that are successful in providing low and stable inflation. …

unsettled global outlook and slow government decision making, have weighed on investment. Inflation has moderated, leading the …

. Despite economic sanctions imposed by Russia in 2006, Georgia’s economic growth continues to be strong, and inflation has … declined. Growth is expected to reach 9 percent in 2006 and to slow only moderately to 7–8 percent in 2007. Inflation was …

inflation and a measure of the domestic output gap. …

of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange …

This is the fifth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes … can adopt an inflation-targeting regime and provides some empirical evidence on the matter. The issues analyzed are the … priority of inflation targeting over other goals, the absence of fiscal dominance, central bank independence, the degree of …

inflation. Unlike in the case of fuel-producing countries, the East African Community countries are major agricultural producers …

harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural reforms initiated by the …