Headline inflation (year-on-year) in the OECD, as measured by the Consumer Price Index (CPI), eased to 6.2% in September 2023 from 6.4% in August, following increases in July and August. Inflation fell between August and September in 27 OECD countries. In...
Contractionary monetary policy (contraction economic policy) is now the most popular method of controlling inflation. The purpose of a contractionary policy is to reduce the money supply within an economy by raising interest rates. This helps slow economic growth by...
In clarifying the term strong economy, according to many definitions and criteria from most information, it is seen that it should summarize together: - High rate of economic growth. According to our commentary, this implies an expansion of economic output,...
As shown in the World Economic Outlook a few days ago, while the world has shown remarkable resilience, the recovery from the shocks of recent years is slow, below its potential and uneven. Growth is slow, because at 3-4 percent,...
In a clarification of the current situation, if our market would be like that of advanced countries, it is that the lost fight against evasion and corruption, as well as failure to act in time to have an expanded and...
At the beginning of the second 6-month period, after an assessment and ongoing monitoring of the economic situation, but also the positions held by the financial and fiscal institutions, as well as based on the comments and recommendations from the...
In the Eurozone, the government wage bill accounts for almost a quarter of total government expenditure and about 10% of GDP, so it is important from a macroeconomic point of view[1]. In Albania, the government wage bill...
The sharp tightening of monetary policy has often caused financial stress or even crises, especially in developed economies, but also in developing countries. Because of higher credit and currency risks, global investors have typically pulled out quickly when interest rates...
Inflation can affect public finances through multiple channels. It tends to expand tax bases in nominal terms, increasing nominal tax revenues, but it can also increase the cost of government spending, more directly for budget items that are automatically indexed...
In a previous study of ALTAX [1], we mentioned all the factors analyzed and listed, which are the influences on the variations of the foreign exchange rate and inflation. From this previous analysis, we conclude that because of the...
