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Dealing with the Challenges of Capital Inflows: The case of Romania

In: Proceedings of FIKUSZ '12

Author

Listed:
  • Diana Sadoveanu

    (Alexandra Ion Cuza University)

Abstract

In the context of the global financial crisis, many emerging countries experienced a significant degree of volatility in the foreign capital inflows. Sudden stops of capital inflows and increases in risk premia caused significant negative consequences to their economies. In this paper was examined the Romanian case. Were identified the main challenges which had been brought by the massive capital inflows to real and financial sectors of domestic economy and were examined policy-makers responses to maintain macroeconomic and financial stability of the country.

Suggested Citation

  • Diana Sadoveanu, 2012. "Dealing with the Challenges of Capital Inflows: The case of Romania," Proceedings of FIKUSZ '12, in: Pál Michelberger (ed.),Proceedings of FIKUSZ '12, pages 81-90, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:sfyr12:81-90
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    capital flows; liberalization; real exchange rate; inflation; macroeconomic stability;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising

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