The Actuality of Macroeconomic Imbalances
Of all the current macroeconomic imbalances, the inflationary phenomenon is one of the most difficult to combat. In some countries, inflation was the main enemy of economic progress. The effects of this phenomenon are largely dependent on the intensity of expectations as well as on the ability to be kept under control by monetary authorities. Lately there has been a significant decline in inflation in both developed and developing countries, as well as increasing commitment of monetary authorities in obtaining the lowest rates of inflation. This article aims to analyze the pillars of direct inflation targeting strategy, prerequisites and developments of new directions of monetary, pointing to the experience of countries that have adopted inflation targeting strategy from 1990 to present.Capturing the coordinates of inflation targeting strategy in Romania tracked the factors that led to changing the previous strategy and prerequisites for adopting new strategies to combat inflation
Volume (Year): 1 (2013)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: Hyperion University, Faculty of Economic Sciences, Calea Calarasilor no. 169, district 3, Bucharest, 030615, Romania|
Web page: http://www.econ.hyperion.ro/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hyp:journl:v:1:y:2013:i:4:p:62-70. 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: (Iulian Panait)
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.