| Summary: | Global and transnational challenges figure ever more prominently on national and international policy agendas and are increasingly analysed as global public goods (GPGs). This research review, which includes contributions by eminent scholars from a wide range of academic disciplines, provides a comprehensive overview of the current state of the theoretical and empirical research on this topic, and suggestions on where scholarship could go next. This research review will appeal to students, researchers, policymakers and experts, whether they are interested in a particular challenge like global climate change, cyber security, financial stability and health or in cross-cutting issues of public economics and finance, international relations and international law. The theory of inflation seeks to explain why inflation occurs and why its rate varies, to explain the co-movements betwen the inflation rate and other variables and to permit the design of mechanisms capable of delivering an optimal inflation path
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