Tag: Private sector

Inflation volatility in Tunisia depends on fiscal coordination and transparency
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Explore how central bank independence and transparency affect inflation volatility in small open economies like Tunisia through game theory and empirical analysis.

Morocco’s bank credit shows short-run inertia, not immediate policy-rate response
ARDL–ECM analysis reveals limited short-run monetary transmission to bank credit in Morocco, with dynamics driven by prudential and balance-sheet channels rather than interest-rate mechanisms.


