The Monetary Policy’s Impact on the Inflationary Process of the Romanian Economy

Drãgoi Elena Violeta (), Lucretia Mariana Constantinescu and Preda Larisa Elena ()
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Drãgoi Elena Violeta: Finances-Accounting Department,
Preda Larisa Elena: Finances-Accounting Department,

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 387-391

Abstract: The economic growth and the research of the inflation, as objectives of the monetary policy of a country, are a major problem for all the monetary authorities of all countries and a priority for economic analyses from different times. The fact that in the 20th century, all countries have known the inflation, most of them even the hyperinflation, proves that this type of inflationist processes, which are out of control, have recently been carried out and are still carried out in numerous countries from all continents, and the impact of this phenomenon cannot be neglected at all. The economic history proved that no economy is insured by the unfavorable impact of the inflation. The central bank’s main purpose is the control of the amount of money available in economy, so the economy’s normal functionality and balanced development can be insured.

Keywords: central bank; government; inflation; monetary policy; hyperinflation. (search for similar items in EconPapers)
JEL-codes: E50 E52 E58 E60 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:2:p:387-391

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