-term inflation objectives. In the long term, monetary policy is most effective in achieving its objectives when the inflation target … is changed in response to the new economy and when the monetary authority attempts to stabilize both inflation and output … for in changing the assessment of the potential growth rate and the inflation target. …

Le 5ème symposium international de la Banque de France a porté sur les effets de la globalisation sur l’inflation et …

-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …

In this paper, we estimate a SVAR model to analyze the trend of underlying inflation in the Democratic Republic of … Congolese data on the growth rate of activity and the inflation rate from 2002Q1 to 2019Q4. Our results broadly confirm those … negative real shock considerably explains the volatility of inflation in the Democratic Republic of Congo (DRC). …

Inflation targeting (IT) has become the dominant monetary policy framework around the world and most of the countries … member countries' readiness to adopt inflation targeting regime as recommended by the Authority of Heads of State and … dominance, weak fiscal positions, and external shocks which impaired its ability to sustainably subdue inflation to the desired …

of credibility. The theory of divine coincidence which says that, only by stabilizing inflation the monetary authority … also stabilizes the economy without being a target, does not seem applicable in practice. This critique of inflation … measures and successfully control inflation which reaches in most cases around 2 percent. They are provided as credibility and …