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Modelling the Inflation Process in Nigeria

"This study is motivated by the conviction that inflation entails sizeable economic and social costs, and controlling it is one of the prerequisites for achieving a sustainable economic growth. The study analyses the main sources of fluctuations...

Relative Price Variability and Inflation: Evidence from the Agricultural Sector in Nigeria

"The main objective of this study is to establish quantitative relationships among the relative price volatility of agricultural commodities, inflation and agricultural policies in Nigeria. The findings suggest the need for policies that will buff...

Analyzing the Impact of the Global Economic and Financial Crisis in Cameroon

"The global economic and financial crisis has had some negative implications in Cameroon’s growth. Extrapolation of the growth impact leads to a deterioration in poverty and inequality indicators. Government finance, inflation, employment, current...

Determinants Of Economic Growth In Ghana

"An econometric analysis of the factors influencing long-run economic growth in Ghana since independence was undertaken using a variant of neo-classical growth model based on available data from 1966 to 2000. The dependent variable of this long-r...

Assessment Of Inflation Trends Management And Macroeconomic Effects In Ghana

"Ghana has experienced high inflation over a long period of time. Over the past thirty years, monetization of fiscal deficits and cyclical food deficits have been the principal drivers of inflation. Achieving sustained disinflation therefore depen...

Dynamics of Food Price Inflation in Eastern Ethiopia: A Meso Macro Modeling

High inflationary pressure especially in food price has been a top agenda in many developing countries since the last decade as it has been hindering their socioeconomic development. Though Ethiopia is achieving an encouraging economic growth in ...

Analysis of Equilibrium Relationship among Government Budget Deficit, Money Supply and Inflation in Ethiopia: Co-integrated VAR Analysis Approach

This study attempted to provide empirical evidences for causal long‐term relationship between budget deficit, broad money supply and inflation in Ethiopia. For this purpose, the study employed co-integrated VAR or vector error correction (VEC) mod...

Determinants of Price Dynamics in Ethiopia

In this study it is tried to uncover the determinants of recent inflationary pressures in Ethiopia. In particular, the study used both simple descriptive analysis as well as rigorous parametric analysis to trace the relationship between inflation ...

The Inflationary Effects of Fiscal Deficit in Sierra Leone: A Simulation Approach

The objective of the study is to identify rules for the conduct of fiscal and monetary policies for low inflation in Sierra Leone. Policy simulations are carried out following the estimation of an inflation model with annual data from 1971 to 2012...

Threshold Effects in the Relationship Between Inflation and Economic Growth: Evidence from Rwanda

It is now widely agreed among economists, policy makers and central bankers that the main objective of macroeconomic policy is to achieve a high and sustained economic growth rate while maintaining a low inflation rate. It is also believed that hi...

Togo: Pourquoi faut-il Augmenter les Revenus? / Togo: Why Should Salaries be Increased?

In an international environment marked by the economic crisis and its corollaries, the well being of the people is more than ever at the heart of the debate. Which levers should then be focused on to ensure strong growth which does not generate ec...

Exchange Rate, Petroleum Price and Price Determination in Sierra Leone

The Sierra Leone economy is a net importer with a chronic negative balance of trade. Imports as a percentage of GDP averaged 40.8% between 2001 and 2010. Imports of food, mineral fuels and lubricants accounted for 50.8% of the total value of impor...

Nigeria Economic Update Issue 23

This document provides brief information on the Nigerian Economic Situation. The first article is on the Gross Domestic Product - Recent Data on Nigeria’s Real GDP growth rate (Year-on-Year) declined by 2.47 percentage points, from 2.11 % in 2015 ...

Single-Digit Inflation And The Cost Of Living Dichotomy In Ghana

'Ghana has a long history of high inflation rates, popularly attributed to supply not keeping up with demand. However, Ghana's current single digit inflation can be attributed to a number of factors including the reduction in global inflation rat...

Five Years Of Inflation-Targeting In Ghana: What Has Changed And What Needs To Change Further To Enhance The Process?

"After achieving political independence in 1957, Ghana set up its own central bank to conduct independent monetary policy among other functions. Since then, various frameworks have been adopted to deliver price stability as the principal goal of m...

South Africa’s Economic Slowdown and Its Policy Options

The economic picture in South Africa is clear and well known: low economic growth, high unemployment rates, and constrained fiscal policy threatened by rating agencies. The causes of such situations are diverse and both internal and external. How ...

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