Add to ORKGDisinflation has been pursued successfully in Romania in recent years. Inflation came down from over 40 per cent in 2001 to 14 per cent in 2003 and is expected to be cca 9.5 per cent in 2004. By 2007 it should come down to around 3%. The benefits of a lowinflation environment are unquestionable, as price stability is the ultimate objective of monetary policy. In addition, low inflation is a pre-condition for EU accession. There only remains the other critical question, namely, what is the proper strategy to achieve the ultimate objective. Different central banks have adopted strategies which place different emphasize on the various pieces of information, or elements of their decision-making process or different aspects of their communicatio...
This article asks whether the monetary regime of inflation targeting that Romania chose is favorable...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both ...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
Romania's overall economic performance during the first ten years of transition can be termed so far...
Using the most important criteria that should be taken into account when a monetary policy strategy ...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
Of all the current macroeconomic imbalances, the inflationary phenomenon is one of the most difficul...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
The main goal of Romanian monetary authorities at this point is to maintain the inflation rate in th...
In the context of sovereign debt crisis in Europe, a crisis entirely felt also in the direct relatio...
The significance of the exchange rate for Romania’ macroeconomic policies raised the level of intere...
Choosing this research theme was made because some European countries went through aperiod of post-c...
This article asks whether the monetary regime of inflation targeting that Romania chose is favorable...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both ...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
Romania's overall economic performance during the first ten years of transition can be termed so far...
Using the most important criteria that should be taken into account when a monetary policy strategy ...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
Of all the current macroeconomic imbalances, the inflationary phenomenon is one of the most difficul...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
The main goal of Romanian monetary authorities at this point is to maintain the inflation rate in th...
In the context of sovereign debt crisis in Europe, a crisis entirely felt also in the direct relatio...
The significance of the exchange rate for Romania’ macroeconomic policies raised the level of intere...
Choosing this research theme was made because some European countries went through aperiod of post-c...
This article asks whether the monetary regime of inflation targeting that Romania chose is favorable...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both ...