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This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of ""flexible"" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity pr

This article was a contribution to a conference session on experiential learning, identifying the lessons derived from a career teaching public administration between 1957 and 1987. It sets the discussion in the context of historical and current debates in Britain and the USA about the current role of universities. Lessons derived from Tasmania, Oxford, Kampala, Sydney, Belfast, Canberra and Queensland included the need for academic leaders to emphasise and value the teaching role of academics, the benefits of including internships and pre-vocational content in an undergraduate curriculum and the strengthening of peer review mechanisms rather than external performance indicators.

This paper is based on 'The perennial ugly duckling — public sector education in tertiary institutions before and after Coombs', an invited contribution on management education delivered at the Sydney Academics Symposium on the Coombs Commission in Retrospect, IPAA National Conference, 28 November 2001.