Interdependencies between Romanian fiscal policies and inflationary tensions in the current Europe

Marcel Dracea and Madalin Cinca
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Madalin Cinca: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 8, 43-50

Abstract: Macroeconomic policies are meant to achieve non-inflationary, stable growth. There are two major groups of policy instruments to achieve the purpose; one is related to monetary conditions and the other to fiscal conditions. Monetary instruments are employed by the central bank and fiscal instruments are employed by ministry of finance. The policy coordination has to be supported by concrete institutional and operating arrangements like monetary and fiscal coordination board.

Keywords: fiscal policies; inflationary tensions; monetary policy; inflation targeting (search for similar items in EconPapers)
JEL-codes: E00 E31 E52 E62 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2008:i:8:p:43-50

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