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A BRIEF EVALUATION OF INFLATION TARGETING IN ROMANIA ENVISAGING THE EURO ADOPTION

Anca Tanasie

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 1, issue 38, 180-189

Abstract: This paper aims to present a clear, pertinent and realistic description of the actual results and perspectives of the application of inflation targeting in Romania, in the context of two major events – the financial crises and the Euro adoption process. The paper is structured based on the following elements: - the implementation of the inflation targeting monetary strategy – arguments, advantages, technical elements; -the institutional changes; - the decisional and operational framework of the monetary policy; - a brief assessments of the results of implementing the new monetary policy strategy – inflation targeting.

Keywords: monetary policy; inflation targeting euro; monetary convergence (search for similar items in EconPapers)
JEL-codes: E52 E58 F33 (search for similar items in EconPapers)
Date: 2010
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