This anchoring of expectations has therefore laid the foundations for preventing the occurrence of wage-price spirals. Low and stable inflation expectations, however, do not completely eliminate the risk of “second-order effects”. To this end, labour and business in all euro-area countries must continue to behave responsibly.
Well, never one to fail an exam, last night and early this morning I skimmed through her trilogy and found them very relevant to the ongoing discourse on the future of Caribbean integration, nation building and development. The first book in the trilogy is entitled, Drumblair: Memories of Jamaican Childhood, which tells the story about the house that nurtured the brilliant and artistic Manleys.