The author develops, and applies a macroeconomic framework to ascertain the influence of domestic disequilibria, and external shocks on inflation dynamics in Uzbekistan. Using quarterly data for the period 1994:01 to 2000:03, he estimates several"long-run"relationships for the goods, money, and...

In the decades-old intense debate on foreign aid, a great deal has been said about qualitative aspects of aid and aid-effectiveness (i.e. fungibility, among other things). The latest landmark in the debate was the World Bank publication Assessing Aid: What Works, What Doesn't, and Why, which...