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The study of indicators of the economic growth at the level of romanian economy

Author

Listed:
  • Stelian Stancu
  • Maria Stanciu
  • Marilena Stancu
  • Gabriela Sava

Abstract

The aim of the paper is to study the aspects of economic growth - as development support for a country, and to present the causes which generate the cycles in the evolution of the economic growth rhythm. The theoretical analysis is supported with examples of the classic models, the data thereof being offered by the National Bank of Romania, the National Commission of Statistics, Reports of international structures concerning Romania, i.e.Furthermore, there is an analysis of the monetary mass depending on the GDP and the interest rate as well as a description of the monetary policy the National Bank of Romania has chosen to pursue.The new monetary policy the National Bank has adopted aims directly at inflation which implies the recognition of the importance of the inflationist phenomenon in modern economies and, implicitly, that the most efficient way for the monetary policy to sustain the general desire of a long-term economic growth is to secure price stability.

Suggested Citation

  • Stelian Stancu & Maria Stanciu & Marilena Stancu & Gabriela Sava, 2007. "The study of indicators of the economic growth at the level of romanian economy," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 5(1), pages 37-44, May.
    • Handle: RePEc:but:manage:v:5:y:2007:i:1:p:37-44
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