Fiscal Deficits, Monetary Reform, and Inflation Stabilization in Romania

Front Cover
World Bank, Development Research Group, Macroeconomics and Growth, 2000 - Banks and Banking Reform - 33 pages
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.

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