Romania’s overall economic performance during the first ten years of transition can be termed so far as disappointing the country has not been able to deliver steady growth, low unemployment and low inflation. This paper focuses on the effectiveness of monetary mechanisms and policies during...

Romania's overall economic performance during the first ten years of transition can be termed so far as disappointing the country has not been able to deliver steady growth, low unemployment and low inflation. This paper focuses on the effectiveness of monetary mechanisms and policies during...