Harmonization of Monetary and Fiscal Policies. Mix or Separation? An Overview of Romania’s Economic Reality Between 2000 - 2013

Liparã Daniel () and Dãnilã Alexandra ()
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Liparã Daniel: „Ovidius” University of Constanþa, Faculty of Economic Sciences
Dãnilã Alexandra: „Ovidius” University of Constanþa, Faculty of Economic Sciences

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 797-802

Abstract: In this paper we tried to present an overview of the impact that monetary and fiscal policies had on Romanian economy between 2000 - 2013. We searched about the importance of separation or combination between the two most important macroeconomic policies. How did the fiscal authority answer through its fiscal policy to the monetary actions adopted by NBR? Is there an interdependence between them, or there is really a separation? Without any doubt, as it will result in the final, the need to approach simultaneously the two policies mentioned above is a condition for achieving economic balance ans, so, macroeconomic stability.

Keywords: monetary policy; fiscal policy; economic growth; inflation; stability. (search for similar items in EconPapers)
JEL-codes: E52 E62 E63 O40 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:797-802

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