scholarly journals Inflation Dynamics in Ghana

2015 ◽  
Vol 2 (1) ◽  
pp. 38 ◽  
Author(s):  
Victor Osei
Keyword(s):  
Exchange Rate ◽  
Food Prices ◽  
Inflation Expectations ◽  
Key Factors ◽  
Negative Effects ◽  
Inflation Dynamics ◽  
Price Expectations ◽  
Determining Factors ◽  
Exchange Rate Misalignment ◽  
Key Policy

The study sought to investigate the key factors that influence inflation dynamics in Ghana. The study found that inflation in Ghana is determined primarily by inflation persistence, reflecting price expectations, domestic food prices, petroleum prices and exchange rate. The other determinants of inflation used in this study such as money supply and world food prices weakly affect domestic inflation. The study also recommended that anchoring inflation expectations and managing exchange rate misalignment remains key policy strategies in any effort and attempt by the monetary authorities to achieving and maintaining price stability in the country coupled with moderating the negative effects of other inflation determining factors.

Processes of import substitution in the market of meat and dairy products in the context of economic policy

2019 ◽  
pp. 60-74
Author(s):  
T.N. Belova ◽  
V.S. Konkina
Keyword(s):  
Agricultural Production ◽  
Import Substitution ◽  
Foreign Market ◽  
Food Prices ◽  
Negative Effects ◽  
Complex Dynamic ◽  
Dairy Markets ◽  
Food Market ◽  
Potential Risks ◽  
Key Indicators

In article the complex assessment of modern policy of import substitution in the sphere of the agrofood market based on balance of its positive and negative effects is given. According to Rosstat and the Federal Customs Service the complex dynamic analysis of the meat and dairy markets in the context of key indicators — the price, import, export is carried out. Relationships of cause and effect of change of a condition of the food market in connection with introduction of economic sanctions are revealed. The conclusion that the policy of import substitution has to consider the potential risks and threats connected as with the possible accompanying growth of the food prices and deterioration of the food status of the least provided groups of the population, and with technical and technological dependence of domestic agricultural production on a foreign market is drawn. The main directions in which programs of support and stimulation are necessary are formulated.

scholarly journals Exchange rate misalignment and economic growth: On the possible transmission channels for emerging economies

2018 ◽  
Vol 6 (1) ◽  
pp. 1476016
Author(s):  
Christian K. Tipoy ◽  
Marthinus C. Breitenbach ◽  
Mulatu F. Zerihun ◽  
Nsiah Christian
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Emerging Economies ◽  
Transmission Channels ◽  
Exchange Rate Misalignment

scholarly journals Inflation Expectations in Turkey: Determinants and Roles in Missing Inflation Targets

2018 ◽  
Vol 7 (3) ◽  
pp. 73-90 ◽  
Author(s):  
Umit Bulut
Keyword(s):  
Exchange Rate ◽  
Inflation Targeting ◽  
Inflation Rate ◽  
Oil Price ◽  
Output Gap ◽  
Inflation Expectations ◽  
Inflation Target ◽  
Distributed Lag ◽  
Expected Inflation ◽  
Target Output

Abstract This paper aims at specifying the determinants of 12-month ahead and 24-month ahead inflation expectations in Turkey by using monthly data from April 2006 to December 2016. Put differently, this paper tries to shed light on how inflation expectations respond to changes in past inflation rate, inflation target, output gap, USD/TL exchange rate, oil price, and EMBI in Turkey. To this end, the paper first conducts unit root tests in order to detect the order of integration of the variables. Then, the paper employs the autoregressive distributed lag approach to examine whether there is a cointegration relationship among variables and to estimate long-run parameters. According to the findings, 12-month ahead expected inflation rate is positively related to past inflation rate, inflation target, output gap, USD/TL exchange rate, and oil price and is negatively related to EMBI. Besides, 24-month ahead expected inflation rate is positively related to past inflation rate and USD/TL exchange rate and is negatively related to inflation target and EMBI. Upon its findings, the paper makes some inferences about the success of inflation targeting strategy in Turkey.

scholarly journals The choice of an exchange rate regime: Outcomes and constraints

2006 ◽  
Vol 51 (168) ◽  
pp. 73-94 ◽  
Author(s):  
Srdjan Marinkovic
Keyword(s):  
Exchange Rate ◽  
Slow Growth ◽  
Exchange Rate Regime ◽  
Exchange Rate Policy ◽  
Country Study ◽  
Exchange Rate Misalignment ◽  
Rate Policy ◽  
Policy Measures ◽  
Exchange Policy ◽  
The Stability

An inappropriate exchange rate policy is likely to undermine overall efforts to transform the economy. Namely, it is now well accepted either at the theoretical or policy level that situations of real exchange rate misalignment could be translated into important welfare costs. This country study highlights "irrelevancy" of the stability criteria when slow growth recovery threatens to endanger even social roots of determination for reform. We discuss foreign exchange policy and other related policy measures that are likely to align economic and political goals inside a trade-off between stability and growth.

scholarly journals Dollarization in Sierra Leone: Evidence and Some Policy Options

2020 ◽  
Vol 7 (4) ◽  
pp. 160
Author(s):  
Abu Bakarr TARAWALIE ◽  
Amadu JALLOH
Keyword(s):  
Exchange Rate ◽  
Sierra Leone ◽  
Correction Term ◽  
Financial Deepening ◽  
Policy Makers ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Short Run ◽  
Key Policy ◽  
Main Determinants

This study aims to empirically investigate the determinants of dollarization in Sierra. It uses quarterly data from 1992Q1 to 2017Q4 and autoregressive distributed lag Bound Testing technique. Both the long and short run results revealed that inflation, exchange rate depreciation, financial deepening and war dummy were the main determinants of dollarization in Sierra Leone during the study period. The error correction term depicts that 53 percent of any disequilibrium in dollarization will be corrected within a year. A key policy recommendation is that policy makers should implement prudent policies that will ensure broader macroeconomic stability (including price stability and exchange rate stability) as a recipe for de-dollarization in Sierra Leone.

scholarly journals Development of decree 1072 of 2015, as a regulatory factor of practices in the construction field for the prevention of workplace accidents with MHF Construark SAS, carried out during the year 2020 in Bogotá

2021 ◽  
Vol 17 (2) ◽  
pp. 1-27
Author(s):  
Daniel Tabares
Keyword(s):  
Regulatory Factor ◽  
Key Factors ◽  
Improvement Strategy ◽  
Implementation Processes ◽  
Workplace Accidents ◽  
Determining Factors ◽  
Administrative Area ◽  
Implementation Level ◽  
High Level

Introduction: This article "Development of the decree 1072 of 2015, as a regulatory factor of practices in the construction field for the prevention of workplace accidents in MHF Construark SAS" company was executed during 2020 in Bogotá. Background: There has been recurring practices in the construction sector that generate difficulties in the implementation of the SGSST, which may be the main cause of this insufficient implementation, which can lead to workplace accidents and occupational diseases. Objective: The objective of the investigation is to establish the level of compliance in the implementation of the SGSST, in order to identify determining factors that negatively affect such a process. Methods: This research has designed a study with mainly, a qualitative approach. Interviews were conducted with company representatives from the administrative area in charge of implementing the SGSST. Results: The MHF Company has achieved an implementation level of 85%. It is at a high level. Conclusion: This project contributes to the research in terms of the study of SGSST in particular, from a perspective that inquiries factors related to the role of key factors such as senior management and construction personnel. Originality: A small business of the construction field is investigated, setting up human factors in the SGSST implementation processes and the improvement strategy Limitations: information gathering on site was affected due to the circumstances generated by the COVID-19 emergency due to the fact the construction field was forced to suspend work as consequence of the pandemic

scholarly journals FX Intervention to Stabilize or Manipulate the Exchange Rate? Inference from Profitability

2020 ◽  
Vol 20 (90) ◽  
Author(s):  
Damiano Sandri
Keyword(s):  
Exchange Rate ◽  
Central Bank ◽  
Medium Term ◽  
The Face ◽  
Exchange Rate Misalignment ◽  
The Exchange Rate ◽  
Fundamental Values ◽  
Shed Light

We analyze the profitability of FX swaps used by the central bank of Brazil to shed light on the rationale for FX intervention. We find that swaps are profitable in expectation, suggesting that FX intervention is used to stabilize the exchange rate in the face of temporary excessive movements rather than to manipulate it away from fundamental values. In line with this interpretation, we find that the scale of FX intervention responds to the degree of exchange rate misalignment relative to UIP conditions. We also document that intervention is more aggressive when there is less uncertainty about the medium-term level of the exchange rate and when the exchange rate is overvalued rather than undervalued.

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