Real Exchange Rate And Competitiveness In Romania
AbstractThe real exchange rate is one of the key economic variables determining country’s macroeconomic performance. It reflects international competitiveness of the domestic economy and has a direct impact on country’s export and import development. The equilibrium exchange rate is crucial as it directly influences external competitiveness, especially through export prices. In Romania, the long-run real appreciation of the domestic currency was determined by an improvement in terms of trade and net capital inflows.
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Bibliographic InfoArticle provided by Lucian Blaga University of Sibiu, Faculty of Economic Sciences in its journal Studies in Business and Economics.
Volume (Year): 1 (2006)
Issue (Month): 1 (October)
Contact details of provider:
Postal: Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania
Phone: 004 0269 210375
Fax: 004 0269 210375
Web page: http://economice.ulbsibiu.ro/
More information through EDIRC
real exchange rate; equilibrium; external competitiveness;
Find related papers by JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- F31 - International Economics - - International Finance - - - Foreign Exchange
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