... inflation in Europe, and 2B is some other factors bearing on the rate of inflation M. Carlberg, Monetary and Fiscal Strategies in the World Economy, 101DOI 10.10 07/ 978 -3-642-10 476 -3_15, © Springer-Verlag ... structural deficit ratio in Europe, 2s is the M. Carlberg, Monetary and Fiscal Strategies in the World Economy, 1 17 DOI 10.10 07/ 978 -3-642-10 476 -3_ 17, © Springer-Verlag Berlin Heidelberg 2010 ... The specific target of monetary cooperation is to minimize the loss, given the inflation functions in Europe and America. Taking M. Carlberg, Monetary and Fiscal Strategies in the World Economy, ...