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Price And Financial Stability From Theory To Monetary Strategy – Directions For Romania’S Situation

Author

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  • Silviu-Marius ŞEITAN

    (National Institute of Economic Researches, Center for Financial and Monetary Researches)

Abstract

Under the current conditions of conducting international economic relations, there is a risk of failing to accomplish the monetary policy objectives due to reasons pertaining to the mechanisms that convey shocks cross-border. The conceptual review of object definition, under such conditions, leads to the necessity of attaching to them these risks of unfulfillment; this requires an additional chapter of macroeconomic policy design, chapter that identifies the possible risks emerging from the integrated cross-border regime of the European economies, as well as the possible solutions to absorb such shocks. This implicitly presumes the quantification of the whole phenomenon or risk emergence and of its possible effects, with the view to determine the effort necessary to be undertaken in order to absorb the associated shock.

Suggested Citation

  • Silviu-Marius ŞEITAN, 2016. "Price And Financial Stability From Theory To Monetary Strategy – Directions For Romania’S Situation," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 11, pages 259-268, July.
    • Handle: RePEc:cmj:seapas:y:2016:i:11:p:259-268
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    More about this item

    Keywords

    Equilibrium; Balance; Sustainability; Risks; Monetary;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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