...Zelealem Yiheyis; Jacob Musila Purpose The purpose of this study is to examine the temporal relationships between inflation and exchange rate changes and their implications for the trade balance in Uganda, which saw persistent trade deficits, rising inflation and disinflation episodes, as well...

... the “inflation import” phenomenon from Portugal to Cape Verde's economy from 1992 to 2008. Design/methodology/approach The paper takes a VECM and Granger causality approach. Findings The paper finds evidence in favour of the existence of a propagation mechanism, i.e., inflation transmission from Portugal...

... Independent Evaluation Office also shows that the IMF consistently over‐estimated investment and growth prospects, particularly in economies in crisis (Independent Evaluation Office, 2003). Economic growth Inflation Developing countries Economic stability The last quarter of the twentieth century...

...Subrata Ghatak; Willy Spanjers Purpose The purpose of this paper is to discuss the potential benefits of monetary policy rules for transition economies (TEs). Design/methodology/approach The paper discusses monetary policy rules, inflation targeting, political risk and ambiguity and monetary...