Fiscal Deficits, Monetary Reform, and Inflation Stabilization in Romania

·
World Bank Publications
Ebook
33
Pages

About this ebook

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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