MONEY POLICY IMPLEMENTATION AT NATIONAL LEVEL
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Authors:
• Oana Camelia IACOB, email: ioanabaghi@yahoo.com, Afiliation: Ph. D. Student, Valahia University, Targoviste, Romania
• Aurel MARIN, email: aurel.marin@yahoo.com, Afiliation: Ph. D. Student, Valahia University, Targoviste, Romania
• Dan CRISTEA, email: dancristea2@yahoo.com, Afiliation: Hyperion University, Bucharest, Romania
• Ana-Maria VOLINTIRU, email: anavolintiru@gmail.com, Afiliation: Ph. D. Student, Valahia University, Targoviste, Romania
• Andrei Mihai CRISTEA, email: cristeaandm@yahoo.com, Afiliation: Assistant professor at Hyperion University, Bucharest, RomaniaPages:
• 345|358 -
Keywords: economic strategy; inflation targeting; economic imbalance; economic crisis.
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Abstract:
Article aims to highlight the effectiveness of inflation targeting strategy in Romania during the crisis. Thus, we present inflation in Romania in the period 2008 - 2012 and the strategy adopted inflation targeting in Romania during the crisis. Working method used is to show the importance of inflation in the economy, the importance of targeting its strategies, especially their efficiency impact on the Romanian economy during the crisis. The authors also try to highlight the relationship between inflation and economic imbalance condition where existing money supply in the economy overcomes real money demand, leading to a general rise in prices and declining purchasing power.
