Salient aspects of inflation and growth in selected countries

Abstract

This paper comments on the figurative problems of inflation and growth, and the character of its trade-off a topic which was the subject of heated numerous studies in developed countries. As a problem of external shocks, the unexpected procedures produce an extra point of their relationship. The observation of evidence in several level of country experiences and various periods should provide a useful comprehension and complement to the wide analysis of these problems. Some lessons obtained from the specific economic indicators reflect to general aspects of the subject under the role of price taker, inflexibility output supply and passive money which make the unexpected changes explore persistently to the character of this problem in general for many countries.