Structural reforms proposed by the International Monetary Fund and their impact on Romanian economy during the last financial crisis

Lucretia Mariana Constantinescu, Leonardo Badea and Violeta Dragoi
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Violeta Dragoi: Valahia University of Targoviste, Romania

Review of Applied Socio-Economic Research, 2011, vol. 1, issue 2, 44-52

Abstract: The international financial crisis during these last years has provided the effects in the most economies of the world, forcing the affected countries to grow the credit demand to mitigate the impact of this financial crisis into their economy. The International Monetary Fund (IMF) extended the opportunity for Member States to obtain a financial support from the Fund with the recipient country must meet certain indicators of macroeconomic stability. Our paper aims to present the effects of the stand-by agreement with the IMF signed by the Romanian government to alleviate the crisis of the Romanian economy and out of the economic recession that our country faced during the 2009-2010 years.

Keywords: macroeconomic stability indicators; financial policies; financial international crisis; International Monetary Fund; Romanian economy (search for similar items in EconPapers)
JEL-codes: B22 E42 E44 E52 E61 F01 F33 G18 G28 (search for similar items in EconPapers)
Date: 2011
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