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Monetary Policy Management Within The Post-Crisis Context

Author

Listed:
  • Pop, Napoleon

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Seitan, Silviu Marius

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Beju, Daniela Georgeta

    (Babes-Bolyai University, Faculty of Economic Sciences)

  • Ivan, Mihail Vincentiu

    (Oil and Gas University Ploiesti, Faculty of Economic Sciences)

  • Iarca, Ion

    (Oil and Gas University Ploiesti, Faculty of Economic Sciences)

  • Fat, Codruta Maria

    (Babes-Bolyai University, Faculty of Economic Sciences)

  • Filip, Angela Maria

    (Babes-Bolyai University, Faculty of Economic Sciences)

  • Pochea, Maria Miruna

    (Babes-Bolyai University, Faculty of Economic Sciences)

  • Muresan Jianu, Daniel

    (Oil and Gas University Ploiesti, Faculty of Economic Sciences)

  • Francu, Gabriela

    (Oil and Gas University Ploiesti, Faculty of Economic Sciences)

Abstract

By taking into consideration that any macroeconomic administration activity it is either compulsory or necessary to be oriented for the obtaining of a complex system of optimum results, the post-crisis context become strictly correlated to the crisis one; this is mean that the management of the post-crisis programs is structural correlated to the management of the crisis ones towards the assurance of the sustainability being understood in all directions of the society life. The main aspect of the present paper is the aspect of the development needs of the management capacity of the macroeconomic policies system, among of the monetary policy is one of the components which has the same value and importance like any other component. Referring to the actual macroeconomic context, which is stronger influenced by the complexity of the economic relations that the crisis phenomena, the macroeconomic policies system must be associated to a level of thinking more closely to the complexity level already mentioned. In the same time, a more correct idea is that the actual economic crises, having different effects associated to the differences between the national macroeconomic systems, is a correct reply of the real economy for the insufficient management capacity of the macroeconomic policies systems.

Suggested Citation

  • Pop, Napoleon & Seitan, Silviu Marius & Beju, Daniela Georgeta & Ivan, Mihail Vincentiu & Iarca, Ion & Fat, Codruta Maria & Filip, Angela Maria & Pochea, Maria Miruna & Muresan Jianu, Daniel & Francu,, 2011. "Monetary Policy Management Within The Post-Crisis Context," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 15(1), pages 190-209.
  • Handle: RePEc:vls:finstu:v:15:y:2011:i:1:p:190-209
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    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 215-268, November.
    2. Reinhart, Carmen & Rogoff, Kenneth, 2009. "This Time It’s Different: Eight Centuries of Financial Folly-Preface," MPRA Paper 17451, University Library of Munich, Germany.
    3. Mr. Etienne B Yehoue, 2009. "Emerging Economy Responses to the Global Financial Crisis of 2007–09 - An Empirical Analysis of the Liquidity Easing Measures," IMF Working Papers 2009/265, International Monetary Fund.
    4. L. Aucremanne & S. Ide, 2010. "Lessons from the crisis : Monetary policy and financial stability," Economic Review, National Bank of Belgium, issue ii, pages 7-20, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    financial stability; macroeconomic policies; equilibrium; sustainability; crisis;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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