Background The emergence of regional economic cooperation among neighbouring countries is becoming a dominant feature of world economy. It means that globalisation has been escorted by […]
(S)trengths: A natural endowment of the world’s most demanded resource, namely oil. Huge reserves of crude oil in the country. A boom in the oil price in the […]
Instrument rules vs targeting rules? Should Central Banks commit to a simple instrument rule such as the Taylor Rule? How well does such a rule explain […]