Inflation Targeting Guillermo Ortiz Martínez INTRODUCTION This paper discusses several issues regarding inflation targeting to illustrate how this well-known framework has influenced the implementation of monetary policy in several economies‚ particularly in emerging markets. It also discusses some of the challenges ahead. Over the years‚ it has been clearly accepted that one of the contributions of inflation targeting has been its provision of a framework within which to systematically
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Part - A Special Economic Zones Special Economic Zones: Special Economic Zones (SEZs) are growth engines that can boost manufacturing‚ augment exports and generate employment. The private sector has been actively associated with the development of SEZs. The SEZs require special fiscal and regulatory regime in order to impart a hassle free operational regime encompassing the state of the art infrastructure and support services. The proposed legislation on SEZs to be enacted in the near future
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ECONOMIC IMPACT OF LEGALIZING MARIJUANA GWENDOLYN CARTER PRINCIPLES OF MACROECONOMICS 4/21/2015 The history of marijuana and how it became illegal is interesting. In 1970 the United States Congress passed legislation called the Controlled Substance Act‚ which listed marijuana as a Schedule I drug. This is the same category that LSD‚ cocaine‚ heroin and ecstasty and are described according to DEA drug schedules‚ as having no currently accepted medical use and a high potential for abuse
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THE PLACE OF NDI-IGBO IN NIGERIA’S SOCIAL AND ECONOMIC DEVELOPMENT By Ikechukwu D. Ikerionwu Relationship Management Unit Sterling Bank Plc‚ Lagos‚ Nigeria ABSTRACT The advent of European colonialism radically altered the Igbo consciousness and compelled them to draw upon opportunities of the ‘new order’ to meet social and economic demands. The twentieth century was a period when the Nigerian people
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"Unemployment and Inflation" Please respond to the following: • Predict whether the years following the next presidential election will bring us inflation‚ deflation‚ or relatively stable prices. Provide support for your response. I believe the prices will relatively remain stable‚ but overtime there will be inflation‚ and this is to pay for government funded programs and to pay for the offset costs associated with new laws and regulations governing healthcare. With the current fiscal cliff
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March 2010 Accepted April 2010 An exploration of dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia Chor Foon Tang Department of Economics‚ Faculty of Economics and Administration‚ University of Malaya‚ Kuala Lumpur‚ Malaysia Abstract Purpose – The main purpose of this study is to examine the dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia. This study covered the annual data from 1970 to 2008. Design/methodology/approach
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influencing economic growth through a number of channels. The contribution that monetary policy makes to sustainable growth is the maintenance of price stability. Since sustained increase in price levels is adjudged substantially to be a monetary phenomenon‚ monetary policy uses its tools to effectively check money supply with a view to maintaining price stability in the medium to long term. Theory and empirical evidence in the literature suggest that sustainable long term growth is associated
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Inflation in Mauritius | Inflation is the overall general upward price movement of goods and services in an economy‚ usually as measured by the Consumer Price Index and the Producer Price Index. Substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency. Types of Inflation There are four main types of inflation. The various types of inflation are briefed below. Wage Inflation Wage inflation is also called
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and the subsequent years were seen as an important era for the making of this city‚ as the economic growth had several implications on the social and political life as well. Thus‚ this period saw the coming up of several shops owned by business families who had migrated from different regions of India‚ setting up of cotton mills‚ the Native Stock Exchange centre for joint stock/ ventures etc. The economic growth was also linked to the rise of political thoughts and ideas amongst the upper classes of
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Inflation‚ a short explanation In the world of finance phrases like mortgage backed security‚ prime rate‚ speculation and inflation get thrown around a lot yet most people don’t have a clue what it all means. After more than three centuries of evolution even the most knowledgeable can’t wrap their head around the many ways the U.S. economy works and why it sometimes doesn’t. In the next few pages I hope to explain only one of these very complicated concepts‚ that of inflation. Inflation‚ in economic
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