Inflation adjustment

Therefore, the inflation adjustment for this transition includes

Eurozone membership precludes inflation and devaluation as adjustment mechanisms.

High international oil prices, delays in aid disbursements, and incomplete fiscal adjustment continued to affect inflation rates.

(a) The first inflation factor pertains to the estimated movement of post adjustment for international Professional staff

Where fiscal adjustment has been completed and inflation is low, the priority of sterilization measures is lower than in countries where inflation is still high and rising.

Provision for recosting, i.e., exchange rate adjustment of 1993 over 1992 and projected inflation in 1993, 1994 and

Adjustment mechanisms are needed, but external devaluation and inflation are not available, while labor mobility is partial at best.

(ii) Movement of the out of area index used for post adjustment based on inflation factors in 21 countries

(b) Movement of the out of area index used for post adjustment based on inflation factors in 21 countries

Unfortunately, given high inflation, structural adjustment has been postponed, with efforts to control credit expansion becoming the government s first priority.

But a temporary and modestly higher inflation rate would facilitate the adjustment process and give reforms a chance to work.

(ii) The movement of the out of area index used for post adjustment based on inflation factors in 21 countries

We have significantly reduced inflation, re established relations with foreign debt holders and multilateral agencies, and implemented structural adjustment reforms.

(b) For 1994 1995, the figures in the inflation adjustment column represent the full financial impact of applying the Administrator apos s inflation projections to bring the estimates up to 1994 1995 prices.

Inflation also became more manageable in Latin America under the impact of stabilization and structural adjustment programmes being implemented in several countries.

(a) For the first year of the current biennium to the first year of the proposed biennium. The existing estimates already embody earlier estimates of inflation. The inflation adjustment for this transition therefore includes

Adjustment programmes are to some extent overburdened by a multiplicity of goals as wide ranging as fighting inflation and reducing poverty and pollution.

The inflation adjustment for this biennium therefore represents the difference between the application of earlier estimates and the Administrator apos s revised estimates

In Bangkok and Santiago, the savings from the reduction in the actual post adjustment are due mainly to the lower local inflation than budgeted.

In the face of downward nominal wage rigidity, higher inflation would facilitate sectoral adjustment and achieve a small but useful impact on reducing debt burdens.

There seems to be a wide consensus that fiscal discipline and monetary stringency to reduce inflation are necessary ingredients of any stabilization and adjustment policy.

At its 1992 session, the Board requested the Secretary to prepare a study on the adjustment of pensions in countries with very high inflation rates.

It would have been better had Chinese officials encouraged earlier and more gradual adjustment, and if adjustment had come through currency appreciation, which would have enhanced workers command over imports, rather than inflation, which will make no one happy.

But higher inflation would help to accelerate desperately needed adjustment in Europe s commercial banks, where many loans remain on the books at far above market value.

(i) A net increase of 27.9 million relating to post adjustment, within grade salary increments and re costing of entitlements fully incorporating the impact of inflation

138. The 1994 1995 inflation adjustment figure of 49.1 million represents the full impact of applying the Administrator apos s inflation projections to bring the 1994 1995 base, which is expressed in revised 1992 1993 prices, up to 1994 1995 prices.

But, in the case of the euro crisis, price stickiness caused inflation to increase more in debtor countries than in creditor countries, making adjustment even more painful.

The net effect of various cost, inflation and currency adjustments is a downward adjustment of 1.5 million in the core budget, from 481.1 million to 479.6 million.

Adjustment

Inflation!

Accordingly, the changes resulting from inflation comprise three elements, namely, post adjustment movements for Professional staff, salary adjustments for General Service staff and adjustments to non post estimates.

Accordingly, the changes resulting from inflation comprise three elements, namely, post adjustment movements for Professional staff, salary adjustments for General Service staff and adjustments to non post estimates.

With little wage inflation, high goods inflation is unlikely.

Prices in general, ...so inflation, you had 5x inflation.

To mitigate the effects of inflation and currency fluctuations, a unique and intricate pension adjustment system was introduced in 1975 and has subsequently been modified on several occasions thereafter.

Automatic Adjustment

Manual Adjustment

Perspective Adjustment...

Perspective Adjustment

Adjustment Type

HSV Adjustment

Color Adjustment

HSV Adjustment...

Adjustment Layer