On the Drivers of Inflation in Sub-Saharan Africa

The Influence of COVID-19 pandemic on Inflation An Empirical study on Egypt

“…Zhao, et al, (2016) noted that in China oil price shocks (both external supply and demand shocks) have resulted in inflation fluctuations. Nguyen et al, (2017) have underlined the positive role of both global shocks (in particular shocks to output) and domestic demand pressures in inflation dynamics in Sub-Saharan Africa in the recent decade. The positive inflation effect of global shocks (e.g., supply shocks, global demand shocks, domestic demand shocks) and oil specific demand shocks have been highlighted by authors such as (Kamber& Wong, 2020;Alvarez et al, 2021) and Szafranek (2021) indicate that price co-movements are time-varying and still most discernible for advanced, tightly integrated economies, strengthen for emerging countries but remain weak for least developed economies.…”

Africa's Development Dynamics 2018

“…Macroeconomic stability matters for sustained economic growth, especially in the long run. Maintaining low and stable inflation rates requires i) controlling the supply of money, which influences price indices in the short term, and ii) shielding the economy from inflation spill-overs and changes in oil and food prices, which impact inflation in the longer term (Nguyen et al, 2015;Simpasa and Gurara, 2011).…”

Dinâmicas do desenvolvimento em África 2018

“…A estabilidade macroeconómica é importante para um crescimento económico sustentado, particularmente a longo prazo. A manutenção de taxas de inflação baixas e estáveis requer i) um controlo da oferta de moeda, que influencia os índices de preços no curto prazo e ii) proteger a economia de um alastramento dos efeitos da inflação e de alterações nos preços do petróleo e dos alimentos, os quais têm efeitos na inflação a longo prazo (Nguyen et al, 2015;Simpasa e Gurara, 2011).…”