-2002, when flotation of the peso and inflation targeting were adopted. We argue, first, in favor of adopting "operational … inflation target ranges" and, second, in favor of strengthening the current scheme of foreign exchange options. The impact of …

This paper provides some practical advice on establishing initial conditions in support of an inflation …-targeting monetary framework. These conditions are divided into four areas: a mandate in support of an inflation objective and …

This paper investigates the factors that affect inflation in the GCC region by examining the inflationary processes in … Saudi Arabia and Kuwait. The paper utilizes a model that accounts for foreign factors affecting inflation, such as trading … partners' inflation and exchange rate pass-through effect, as well as domestic influences. The analysis concludes that, in the …

considers inflation targeting in a small open economy. This economy is characterized by imperfect competition and short … inflation targeting on output and inflation volatility depend crucially on the exchange rate regime and the inflation index … nominal shocks the reverse is true. Second, domestically generated inflation targeting is preferable to CPI inflation …

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia … variables are included. The pattern of inflation is explained mainly by past inflation, the strength of the US dollar, US … inflation, and—depending on the subset of countries analyzed—monetary and exchange rate policies and nonfuel commodity …

This paper investigates how consumer price inflation is determined in Mali for 1979-2006 along three macroeconomic … long-run determinants of inflation. The paper offers policy recommendations for controlling inflation in Mali. …

This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and … by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during … indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for …