Romania: Selected Issues and Statistical Appendix

January 16, 2001

Summary

This Selected Issues paper analyzes the developments and determinants of inflation in Romania, and reviews the salient trends in public finance. The study describes the monetary policy issues and the improvements required to clean up the financial sector. The paper chronicles the balance-of-payments crisis in 1999, the external viability trends, reviews the economic and financial implications, and assesses Romania's compliance with EU economic criteria. The paper also provides a statistical appendix for the country.

Subject: Banking, Commercial banks, Exchange rates, Expenditure, Financial institutions, Foreign exchange, Inflation, Pension spending, Prices

Keywords: balance of payments crisis, bank, Central and Eastern Europe, Commercial banks, CR, Eastern Europe, Europe, exchange rate, Exchange rates, Global, heightened vulnerability, index value, inflation, inflation granger, ISCR, nominal exchange rate, Pension spending, price, price liberalization, Romania, solvency indicator, Western Europe

Pages:
223
Volume:
2001
DOI:
https://doi.org/10.5089/9781451832716.002
Issue:
016
Series:
Country Report No. 2001/016
Stock No:
1ROMEA0012001
ISBN:
9781451832716
ISSN:
1934-7685

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