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Coordonate ale reformei in activitatea bancii nationale a Romaniei

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Author Info

  • Bogdan Capraru

    ()
    (The Department of Business Administration, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)

Abstract

The reform process of the National Bank of Romania has started sixteen years ago since the communist regime was eliminated. The perspectives of Romania's EU accession enforced this process and the NBR accounted performances in targeting its objectives. In this study we underline the challenges and consequences of Romanian central bank reform. In spite of a central bank independence, sometimes between monetary and fiscal polices there are no correlation. That's why we propose the multiannual budgeting as a correspondent in fiscal policy for inflation targeting monetary policy framework. Also we assess the consequences of Basel II implementation for Romanian banking system and, especially NBR responsibilities.

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Bibliographic Info

Article provided by Alexandru Ioan Cuza University, Faculty of Economics and Business Administration in its journal Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi.

Volume (Year): 52-53 (2006)
Issue (Month): (November)
Pages: 83-88

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Handle: RePEc:aic:journl:y:2006:v:13:p:83-88

Contact details of provider:
Postal: Universitatea Al. I. Cuza; B-dul Carol I nr. 22; Iasi
Phone: 004 0232 201070
Fax: 004 0232 217000
Email:
Web page: http://anale.feaa.uaic.ro/anale/
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Related research

Keywords: central bank independence; reform; transition; EU enlargement; convergence;

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