Romania : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

January 17, 2003

Electronic Access:

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Summary:

This Selected Issues paper and Statistical Appendix provides an estimate of the long-term path of Romania’s real exchange rate. The paper describes the recent history of the real exchange rate and its main determinants. A model is developed of a time-varying long-term exchange rate path, mainly driven by the terms of trade and net foreign direct investment. This long-term path is then used to assess the developments in Romania’s actual exchange rate. The paper also examines Romania’s growth potential in the medium term.

Series:

Country Report No. 03/12

Subject:

English

Publication Date:

January 17, 2003

ISBN/ISSN:

9781451832785/1934-7685

Stock No:

1ROMEA0022003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

73

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