Fiscal Deficits, Monetary Reform, and Inflation Stabilization in Romania
Author | : Nina Budina |
Publisher | : World Bank Publications |
Total Pages | : 38 |
Release | : 2000 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Fiscal Deficits, Monetary Reform, and Inflation Stabilization in Romania written by Nina Budina and published by World Bank Publications. This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal problems are a key factor behind the inflation that has persisted in Eastern Europe since 1989. Deficits need to be cut back, but by how much for a given inflation target? A simple framework links debt, the deficit, and inflation to assess the fiscal stance of the Romanian economy.