MONEY POLICY IMPLEMENTATION AT NATIONAL LEVEL

Oana Camelia Iacob (), Aurel Marin (), Dan Cristea (), Ana-Maria Volintiru () and Andrei Mihai Cristea ()
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Oana Camelia Iacob: Valahia University, Targoviste, Romania
Aurel Marin: Valahia University, Targoviste, Romania
Dan Cristea: Hyperion University, Bucharest, Romania
Ana-Maria Volintiru: Valahia University, Targoviste, Romania
Andrei Mihai Cristea: Hyperion University, Bucharest, Romania

Internal Auditing and Risk Management, 2013, vol. 30, issue 1, 345-358

Abstract: Article aims to highlight the effectiveness of inflation targeting strategy in Romania during the crisis. Thus, we present inflation in Romania in the period 2008 - 2012 and the strategy adopted inflation targeting in Romania during the crisis. Working method used is to show the importance of inflation in the economy, the importance of targeting its strategies, especially their efficiency impact on the Romanian economy during the crisis. The authors also try to highlight the relationship between inflation and economic imbalance condition where existing money supply in the economy overcomes real money demand, leading to a general rise in prices and declining purchasing power.

Keywords: economic strategy; inflation targeting; economic imbalance; economic crisis. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:30:y:2013:i:1:p:345-358

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