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Physics of the living state : dynamics of information and fluctuation in biological systems
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ISBN: 9051991479 Year: 1994 Publisher: Amsterdam Oxford IOS Press

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The geological deformation of sediments
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ISBN: 0412405903 9780412405907 9401043140 9401107319 Year: 1994 Publisher: London : Chapman & Hall,


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Dictionary of global climate change
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ISBN: 1857280237 1857282841 9781857280234 9781857282849 Year: 1994 Publisher: London: UCL Press,

Negotiating climate change : the inside story of the Rio Convention
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ISBN: 0521479142 0521473551 0511558910 9780521479141 9780521473552 Year: 1994 Publisher: Cambridge : Cambridge University Press,

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Two years of intense and often dramatic negotiations culminated in the signing of a Framework Convention on Climate Change at the Earth Summit in Rio de Janeiro, Brazil. This compelling book reconstructs the dynamics of those negotiations, based on eye-witness accounts. The main contributors, each a principal player in the drama, have been selected to reflect the perspectives of the most important interest groups and institutions involved in the negotiations, including the OECD, oil-importing developing nations, private industry and non-governmental organisations. These individual accounts are integrated into an edited volume that provides a multi-dimensional assessment of the negotiating process, focusing on the competitive and co-operative interactions among nations, regional alliances, international institutions, corporations and non-governmental organisations.

The distortion theory of macro-economic forecasting : a guide for economists and investors.
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ISBN: 0899309100 Year: 1994 Publisher: Westport Quorum Books


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A Monetary Impulse Measure for Medium-Term Policy Analysis
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ISBN: 1462388221 1455239453 128211090X 9786613803788 1455267597 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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The paper presents a measure of monetary impulse that is intended to reflect the medium-term inflationary implications of a nation’s current monetary policy. The measure consists of the growth rate of the monetary base, adjusted for reserve requirement changes and augmented by an implicit forecast of future growth rates of base velocity. Time series plots of the impulse measure for the G-7 countries are presented, and are compared with plots of inflation and of two alternative monetary indicators—the yield curve slope and the growth rate of a broad monetary aggregate. The impulse measure serves well as a medium-term indicator of future inflation, and on balance matches or outperforms the alternative indicators.


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The Main Determinants of Inflation in Nigeria
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ISBN: 1462336868 1455230324 1281602434 9786613783127 1455223158 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This paper provides a selective review of the literature on the determinants of inflation in Nigeria, analyzes the dominant factors influencing inflation, presents the empirical results of a reduced-form elasticities model, and discusses the policy implications of the empirical results. The results of this analysis confirm the basic findings of earlier studies, namely that monetary expansion, driven mainly by expansionary fiscal policies, explains to a large degree the inflationary process in Nigeria. Other important factors are the devaluation of the naira and agroclimatic conditions. With respect to the depreciation of the naira, it was found that concurrent fiscal and monetary policies had a major influence on its impact on inflation. Given the considerable role of food commodities in the CPI, agroclimatic conditions (rainfall) were found to play a significant role in overall movements in prices and should be fully taken into consideration in any analysis of the inflationary process in Nigeria.


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Asset Prices, Monetary Policy, and the Business Cycle
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ISBN: 1463978316 146392061X 1451971923 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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The business cycle in several industrial countries during the period 1989-1993 was different from previous post World War II business cycles in important ways. This paper describes the unique character of the recent cycle, examines important underlying structural and macroeconomic factors, and discusses why these unique features emerged. Although many of the structural changes were partly responsible for the overshooting of asset prices and private debt levels, the extreme overshooting could not have occurred without overexpansionary monetary and fiscal policies. The paper examines why inflationary pressures were allowed to accumulate and then discusses a number of lessons for conducting economic policy in the 1990s. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.

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