Are We Going to Have Deflation and Current Account Surpluses? [Vom avea deflaţie şi surplusuri de cont curent?]

In this study we show that the inflation rate and the current account behaved according to historical regularities, once the international crisis hit Romania in the second half of 2008. Inflation has decreased relatively fast for a long period of time, and the current account deficit has reduced drastically, converting itself (for the first time in the last 23 years) in surplus in the first half of 2013.

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Year of publication:	2013
Authors:	Lucian, Croitoru
Published in:	Revista OEconomica. - Societatea Romana de Economie - SOREC. - 2013, 02
Publisher:	Societatea Romana de Economie - SOREC
Subject:	inflation rate \| current account \| monetary policy \| net exports \| productivity \| fiscal policy \| economic growth

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	E43 - Determination of Interest Rates; Term Structure Interest Rates ; E58 - Central Banks and Their Policies ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; F32 - Current Account Adjustment; Short-Term Capital Movements ; H54 - Infrastructures; Other Public Investment and Capital Stock ; O23 - Fiscal and Monetary Policy in Development ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010965610