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Source: Romania : Recent Economic Developments

Volume/Issue: 1997/46

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 July 1997

ISBN: 9781451832686

Keywords: pos, prices, credit, payments, shares

This paper reviews economic developments in Romania during 1990-97. Reforms have been relatively slow since the beginning of the transition process. Except for a brief and inconsequential interlude in 1993, compreh...

II The Setting for Adjustment: Initial Positions and Global Environment

II The Setting for Adjustment: Initial Positions and Global Environment »

Source: IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings

Series: Occasional Papers

Author(s): Louis Dicks-Mireaux , Miguel Savastano , Adam Bennett , María Carkovic S. , Mauro Mecagni , James John , and Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557754929

Keywords: inflation, terms of trade, capital inflows, exchange rate, real interest rates

Almost without exception, the initial positions of the countries under review were dire. Most were suffering the effects of long-standing institutional and structural weaknesses, fiscal excesses, and deficie...