Mean inflation and growth rates for the country groupings are calculated as simple averages of the country means. Similarly, the standard deviations are calculated as simple averages of the country standard deviations. The averages for the 'other OECD inflation-targeting countries' grouping are calculated based on dates when inflation targeting was adopted in each country, which are the same as in Brooks (1998).
Its establishment was the major turning point in modern Irish history when Irish people took control of their own destiny and built the country that Ireland is today. The Central Bank is proud to have played a very important part in that history. From the administration of exchange controls, to the management of the sovereign debt market, from decimalisation, to the Euro changeover.