Analysis carried out on macro-regions and counties reveals a disproportionate development of areas of Romania, with growth rates of GDP high in Bucharest-Ilfov, but and Gorj, Arad and Timis and very low, even negative in the nearby counties of Arges, Giurgiu Prahova and Teleorman indicating many...

Having a correct assessment of current business cycle conditions is one of the major challenges for monetary policy conduct. Given that GDP figures are available with a significant delay central banks are increasingly using Nowcasting as a useful tool for having an immediate perception of...