Add to ORKGRomania’s overall economic performance during the first ten years of transition can be termed so far as disappointing: the country has not been able to deliver steady growth, low unemployment and low inflation. This paper focuses on the effectiveness of monetary mechanisms and policies during this period. Special emphasis is set on the exchange rate mechanism. The first part of the text develops a short introduction to relevant monetary theory in the transition context. In the second part, we analyse the stylised facts pertaining to Romanian economy and put forward some weaknesses of its banking system and monetary policies. The conclusion presents a set of recommendations for a reform of the going monetary policy
This paper has a focus in considering the implications of the European integration for the present a...
Abstract: We deal with the evolutions of monetary conditions in Romania before and during the econom...
Over the last two decades, a significant number of industrialized countries have successfully adopte...
Romania's overall economic performance during the first ten years of transition can be termed so far...
The main objective of this paper is to study the Romania’s monetary policy, in the period 1996-2013....
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
This paper tries to present Romania's macroeconomic development since the end of 2008 up to pre...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
As a result of joining the global trend of the monetary policy modernization, Romania has adopted th...
Choosing this research theme was made because some European countries went through aperiod of post-c...
In August 2005, the National Bank of Romania changed its monetary policy framework in an attempt to ...
The significance of the exchange rate for Romania ’ macroeconomic policies raised the level of inter...
This paper has a focus in considering the implications of the European integration for the present a...
Abstract: We deal with the evolutions of monetary conditions in Romania before and during the econom...
Over the last two decades, a significant number of industrialized countries have successfully adopte...
Romania's overall economic performance during the first ten years of transition can be termed so far...
The main objective of this paper is to study the Romania’s monetary policy, in the period 1996-2013....
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
This paper tries to present Romania's macroeconomic development since the end of 2008 up to pre...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
As a result of joining the global trend of the monetary policy modernization, Romania has adopted th...
Choosing this research theme was made because some European countries went through aperiod of post-c...
In August 2005, the National Bank of Romania changed its monetary policy framework in an attempt to ...
The significance of the exchange rate for Romania ’ macroeconomic policies raised the level of inter...
This paper has a focus in considering the implications of the European integration for the present a...
Abstract: We deal with the evolutions of monetary conditions in Romania before and during the econom...
Over the last two decades, a significant number of industrialized countries have successfully adopte...