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Real Exchange Rate And Competitiveness In Romania

Author

Listed:
  • Ramona Toma

    (Lucian Blaga University of Sibiu, Faculty of Economic Sciences)

Abstract

The 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.

Suggested Citation

  • Ramona Toma, 2006. "Real Exchange Rate And Competitiveness In Romania," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 1(1), pages 60-65, October.
  • Handle: RePEc:blg:journl:y:2006:v:1:p:60-65
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/117toma.pdf
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    Citations

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    Cited by:

    1. Christos Nikas & Student Anastasia Blouchoutzi, 2014. "Emigrants’ Remittances and the “Dutch Disease” in Small Transition Economies: the Case Of Albania and Moldova," Romanian Statistical Review, Romanian Statistical Review, vol. 62(1), pages 45-65, March.
    2. Zouhaier Hadhek & Hniya Sakli & Tahar Lassoued, 2019. "The Variability of the Tunisian Real Exchange Rate," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(1), pages 115-128, January.

    More about this item

    Keywords

    real exchange rate; equilibrium; external competitiveness;
    All these keywords.

    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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