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International Post-Crisis Coordinates That May Affect The Conduct Of Monetary Policy

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  • ALINICA, Alina Georgeta

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

Abstract

Generally, the macroeconomic policies, the monetary policy included, are considered to have structural elements which offer them resistance and functionality, irrespective of the internal and international context or coordinates. However, these coordinates may play a basic role in the manner of designing and directing the macroeconomic policies. This article aims to identify the main international coordinates that may facilitate understanding the future directions and challenges of the monetary policy, particularly of the Romanian monetary policy. During the 2007-2014/2015 period of crisis, the risks inflamed or loosened, and they are now considered manageable in terms of financial stability.

Suggested Citation

  • ALINICA, Alina Georgeta, 2016. "International Post-Crisis Coordinates That May Affect The Conduct Of Monetary Policy," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 3(1), pages 6-11.
  • Handle: RePEc:vls:rojfme:v:3:y:2016:i:1:p:6-11
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    References listed on IDEAS

    as
    1. Milea, Camelia, 2009. "Cadrul Operaţional Al Politicii Monetare A Băncii Centrale Europene Şi A Băncii Naţionale A României," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 13(2), pages 39-56.
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      More about this item

      Keywords

      international conjuncture; monetary policy; financial stability;
      All these keywords.

      JEL classification:

      • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
      • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
      • F01 - International Economics - - General - - - Global Outlook

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