Advanced Search
MyIDEAS: Login

Surpassing The Crisis And Resuming The Economic Growth – Main Objective Of The Monetary Policy Promoted By The National Bank Of Romania

Contents:

Author Info

  • Elena Enache

    (“Constantin Brâncoveanu” University)

  • Camelia Vechiu

    (“Constantin Brâncoveanu” University)

  • Geanina Tudose

    (“Constantin Brâncoveanu” University)

Registered author(s):

    Abstract

    In 2008, the global financial crisis has generated a feeling of distrust from investors and significantly increased their risk aversion. The size of current account deficit, the relatively high external financing needs and the dependence of the banks on it, the high ratio between loans in foreign currency and deposits in foreign currency made of the Romanian economy, a risky destination for investors. In these conditions, since the end of 2008 and throughout 2009, the government's economic program was focused on reducing the external deficit in both public and private sector, on minimizing the effects of recession, on avoiding a crisis of the exchange rate and on cooling the inflationary pressures.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA10/REBE-FA10-A10.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

    Volume (Year): 5 (2010)
    Issue (Month): 3 (September)
    Pages: 131-144

    as in new window
    Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:131-144

    Contact details of provider:
    Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101
    Phone: +4-0372-120.131
    Fax: +4-021-202.91.51
    Email:
    Web page: http://www.rau.ro/
    More information through EDIRC

    Related research

    Keywords: monetary policy; exchange rate; external financing; budget deficit;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:5:y:2010:i:3:p:131-144. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.