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Author:
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 234
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Book Description
Author:
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 234
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Book Description
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 0
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Book Description
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451832716
Category :
Languages : en
Pages : 223
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Book Description
This Selected Issues paper analyzes the developments and determinants of inflation in Romania, and reviews the salient trends in public finance. The study describes the monetary policy issues and the improvements required to clean up the financial sector. The paper chronicles the balance-of-payments crisis in 1999, the external viability trends, reviews the economic and financial implications, and assesses Romania's compliance with EU economic criteria. The paper also provides a statistical appendix for the country.
Author:
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Category : Bulgaria
Languages : en
Pages : 158
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Book Description
Author: Nikolay Gueorguiev
Publisher: International Monetary Fund
ISBN: 1451855214
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
Quantifying the size and speed of the exchange rate pass-through to prices is important for formulating monetary policy decisions in Romania. Using a recursive VAR model, this paper finds that (i) the pass-through is large and relatively fast, accounting for a sizable fraction of inflation; (ii) the pass-through from the exchange rate against the U.S. dollar is larger, if not faster, than the one from alternative exchange rate benchmarks; and (iii) the pass-through to producer prices seems to have moderated recently, while the same cannot be said yet for consumer prices.
Author:
Publisher:
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Category : Latvia
Languages : en
Pages : 94
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Book Description
Author: Ivan Pavletic
Publisher: vdf Hochschulverlag AG
ISBN: 3728132969
Category : Business & Economics
Languages : en
Pages : 235
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Book Description
Which political and institutional factors trigger reforms that enable the poor to benefit from the process of economic growth? How can the incentives of policy makers be influenced in order to achieve such a dynamic? These are the questions this study seeks to address by examining the transition process in post-communist countries. The author argues that political competition within an accepted and respected institutional environment has been a driving force in shaping the direction and success of transition reforms. Evidence shows that in countries with a sufficient degree of political competition, citizens responded to economic crises by calling for economic liberalization. Economic liberalization removed existing distortions, increased economic efficiency and raised public welfare. This activated a dynamic, self-enforcing reform process that also strengthened the political and economic power of the poor. In the absence of political competition, such a process failed to emerge, thereby contributing to the persistence of poverty. Based on these findings, there is good reason to postulate that some level of political competition is essential for transition reforms to improve economic efficiency and public welfare in a sustainable manner.
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 106
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Author:
Publisher:
ISBN:
Category : Slovakia
Languages : en
Pages : 108
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Book Description
Author: D. Gabor
Publisher: Springer
ISBN: 0230295045
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
This book explores the causes and effects of the rise of neoliberalism in Eastern Europe in the aftermath of the collapse of the Soviet Union. It provides a political economy analysis of the role of central banks, and identifies them as a key actor in the production and dissemination of the neoliberal economic policies.
