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The Price Stability-Important Lever within the Economy

Author

Listed:
  • Maria Mirabela Florea Ianc

    ("Constantin Brancusi" University of Târgu Jiu)

  • Loredana Ciurlău

    ("Constantin Brancusi" University of Târgu Jiu)

Abstract

One of the biggest problems that have confronted the authorities, whether fiscal, monetary, either along the time is represented by the generalised increase in prices (inflation), which is why it is not considered good at the level of an economy, because it is presented as a nominal increase of PIB, namely the erosion of the economy as a whole, not least, to generate macroeconomic imbalances The inflation creates pressure not only on monetary plan, and the plan as general economic, political and social. This, in addition to generating a sharp decline in savings, discourages investment and favors moving the capital in assets that generate real revenue.

Suggested Citation

  • Maria Mirabela Florea Ianc & Loredana Ciurlău, 2016. "The Price Stability-Important Lever within the Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 498-501, February.
  • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:498-501
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    More about this item

    Keywords

    stability; authorities; problems; economy;
    All these keywords.

    JEL classification:

    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications

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