Publication:
Inflation: Concepts, Evolution, and Correlates

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dc.contributor.authorHa, Jongrim
dc.contributor.authorIvanova, Anna
dc.contributor.authorOhnsorge, Franziska
dc.contributor.authorUnsal, Filiz
dc.date.accessioned2019-02-14T18:10:18Z
dc.date.available2019-02-14T18:10:18Z
dc.date.issued2019-02
dc.description.abstractIn the past four to five decades, inflation has fallen around the world, with median annual global consumer price inflation down from a peak of 16.6 percent in 1974 to 2.6 percent in 2017. This decline began in advanced economies in the mid-1980s and in emerging market and developing economies in the mid-1990s. By 2000, global inflation had stabilized at historically low levels. Lower inflation has been accompanied by reduced inflation volatility, especially in advanced economies. This improvement in inflation outcomes has stemmed in large part from structural economic changes, including improved monetary and fiscal policy frameworks as well as international trade and financial liberalization. Lower and more stable inflation has often been associated with better growth and development outcomes, partly by reducing uncertainty, fostering a more efficient allocation of resources, and helping preserve financial stability.en
dc.identifierhttp://documents.worldbank.org/curated/en/448531550088251230/Inflation-Concepts-Evolution-and-Correlates
dc.identifier.doi10.1596/1813-9450-8738
dc.identifier.urihttps://hdl.handle.net/10986/31276
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8738
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectINFLATION
dc.subjectPRICES
dc.subjectDEFLATION
dc.subjectMONETARY POLICY
dc.subjectECONOMIC INTEGRATION
dc.subjectMACROECONOMIC POLICY
dc.subjectGLOBALIZATION
dc.titleInflationen
dc.title.subtitleConcepts, Evolution, and Correlatesen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleInflation: Concepts, Evolution, and Correlates
okr.date.disclosure2019-02-13
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/448531550088251230/Inflation-Concepts-Evolution-and-Correlates
okr.guid448531550088251230
okr.identifier.doi10.1596/1813-9450-8738
okr.identifier.externaldocumentum090224b08696a3a7_1_0
okr.identifier.internaldocumentum30831857
okr.identifier.reportWPS8738
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/448531550088251230/pdf/WPS8738.pdfen
okr.statistics.combined13622
okr.statistics.dr448531550088251230
okr.statistics.drstats12152
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicMacroeconomics and Economic Growth::Macroeconomic Management
okr.unitMacroeconomics, Trade and Investment Global Practice
relation.isAuthorOfPublication5807995a-9e0a-5d56-b622-d4d19e723613
relation.isAuthorOfPublication.latestForDiscovery5807995a-9e0a-5d56-b622-d4d19e723613
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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