In contrast, Khan and Senhadji (2000) estimate that the threshold above which inflation significantly slows growth is 1–3 percent for industrial countries and 7–11 percent for developing countries. 3  According to Easterly and Fischer (2001), “a growing body of literature on balance-but not unanimously-tends to support the view that inflation is a cruel tax”.
We are ready to start, or we will be ready to start in November. We have taken on quite an astonishing number of highly qualified staff. So far, there are 28 nations represented here. So, how many people will be working there in the new supervision function? We will have 800 supervisors plus an additional 250 staff who will provide the support.