Romania: Selected Issues and Statistical Appendix

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.
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Volume/Issue: Volume 2001 Issue 016
Publication date: January 2001
ISBN: 9781451832716
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Topics covered in this book

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Business and Economics , Banks and Banking , Money and Monetary Policy , Public Finance , Taxation - General , ISCR , CR , bank , exchange rate , inflation , price , Romania , price liberalization , balance of payments crisis , solvency indicator , index value , nominal exchange rate , inflation granger , heightened vulnerability , Commercial banks , Exchange rates , Pension spending , Europe , Eastern Europe , Global , Western Europe , Central and Eastern Europe

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Summary

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.

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