There are still many countries on our continent which should still need to improve private property rights in order to give surety and confidence to investors. Fifthly, there is in this land of hope and opportunity a vibrant culture and entertainment industry which is vital in any society. Music, dance, theatre, museums and other places to visit and enjoy.
It distinguishes its approach as a two-pillar strategy that includes a focus on money growth as well as on a medium-term inflation objective. Still, its approach has much in common with that of inflation-targeting regimes. 4  Of course, even for a dual mandate, low inflation is the only long-run objective, assuming that monetary policy cannot affect the long-run levels of output and employment.