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The Monetary Policy’s Impact on the Inflationary Process of the Romanian Economy

Author

Listed:
  • Drãgoi Elena Violeta

    (Finances-Accounting Department,)

  • Constantinescu Lucretia Mariana

    (Management - Marketing Department)

  • Preda Larisa Elena

    (Finances-Accounting Department,)

Abstract

The economic growth and the research of the inflation, as objectives of the monetary policy of a country, are a major problem for all the monetary authorities of all countries and a priority for economic analyses from different times. The fact that in the 20th century, all countries have known the inflation, most of them even the hyperinflation, proves that this type of inflationist processes, which are out of control, have recently been carried out and are still carried out in numerous countries from all continents, and the impact of this phenomenon cannot be neglected at all. The economic history proved that no economy is insured by the unfavorable impact of the inflation. The central bank’s main purpose is the control of the amount of money available in economy, so the economy’s normal functionality and balanced development can be insured.

Suggested Citation

  • Drãgoi Elena Violeta & Constantinescu Lucretia Mariana & Preda Larisa Elena, 2012. "The Monetary Policy’s Impact on the Inflationary Process of the Romanian Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 387-391, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:387-391
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    More about this item

    Keywords

    central bank; government; inflation; monetary policy; hyperinflation.;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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