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.http://deepblue.lib.umich....
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
The monetary policy is the backbone of economic system. It is equally important instrument of regula...
The significance of the exchange rate for Romania ’ macroeconomic policies raised the level of inter...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
The increase of connections between national economies generated an enhance of foreign currency acti...
The main objective of this paper is to study the Romania’s monetary policy, in the period 1996-2013....
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
The significance of the exchange rate for Romania’ macroeconomic policies raised the level of intere...
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both ...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
This paper incorporates the monetary policy function and uncovered interest parity in examining the ...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
The monetary policy is the backbone of economic system. It is equally important instrument of regula...
The significance of the exchange rate for Romania ’ macroeconomic policies raised the level of inter...
Romania’s overall economic performance during the first ten years of transition can be termed so far...
Disinflation has been pursued successfully in Romania in recent years. Inflation came down from over...
For Romania, the shift from monetary targeting toward inflation targeting was done under the influen...
Resume: The lack of historic capitalism experience, the delays of governmental legislative and econo...
The increase of connections between national economies generated an enhance of foreign currency acti...
The main objective of this paper is to study the Romania’s monetary policy, in the period 1996-2013....
Taking into consideration the necessity of stabilising the inflation rate at a level consistent with...
The significance of the exchange rate for Romania’ macroeconomic policies raised the level of intere...
For Romania, the EU accession and the European symbols – such as the EURO currency – represent both ...
In Romania, the National Bank (BNR) is responsible for the monetary policy, and its objectives are h...
With a view of enhancing disinflation inflation targeting (IT) was introduced in Romania in mid-2005...
This paper incorporates the monetary policy function and uncovered interest parity in examining the ...
After the 80’s, a lot of central banks have shifted from the evolution of the monetary aggregates ...
The monetary policy is the backbone of economic system. It is equally important instrument of regula...
The significance of the exchange rate for Romania ’ macroeconomic policies raised the level of inter...