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The growth outlook remains weak and uncertain. Romania’s decision to rely primarily on expenditure cuts to close the …
Persistent link: https://www.econbiz.de/10014404509
Romania’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA) are discussed. The authorities have …. Romania has preserved competitiveness, despite the slowdown in depreciation and recently strong domestic demand. Exports … remained the strongest component of aggregate demand and Romania continued to increase market share in its main trading …
Persistent link: https://www.econbiz.de/10014404862
This paper reviews the experience of the IMF’s long-term engagement in Romania and options for future IMF involvement …
Persistent link: https://www.econbiz.de/10014407117
Romania’s external position continues to improve. Inflation peaked in December 2010, and is now likely to decline …
Persistent link: https://www.econbiz.de/10014401175
Economic growth finally turned positive, but further recovery will be delayed, as fiscal austerity measures and recent floods will weigh on domestic demand. The macroeconomic outlook has weakened and continues to be subject to exceptional uncertainties. With the enactment of the ambitious...
Persistent link: https://www.econbiz.de/10014402012
The comprehensive program supported by the IMF, the European Union, and the World Bank has helped Romania in … performance of Romania under the program and approved a waiver to maintain the reform momentum and provide additional security …
Persistent link: https://www.econbiz.de/10014402128
The comprehensive program supported by the IMF, the European Union, and the World Bank has helped Romania in … performance of Romania under the program and approved a waiver to maintain the reform momentum and provide additional security …
Persistent link: https://www.econbiz.de/10014402309
Romania’s GDP growth averaged more than 61⁄2 percent per year from 2003 to 2008, as foreign direct investment and … capital inflows helped finance high consumption and investment growth. The staff report for Romania’s request for a Stand … western European economies. The rapid increase in borrowing that fueled the boom left Romania highly exposed to global …
Persistent link: https://www.econbiz.de/10014404358
This paper presents Romania’s First Review Under the Stand-By Arrangement and a Request for Waiver and Modification of …
Persistent link: https://www.econbiz.de/10014406000
Romania's macroeconomic performance remains broadly in line with the program, but the recent strengthening of domestic …
Persistent link: https://www.econbiz.de/10014406532