期刊名称：Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN：2284-8576
电子版ISSN：2247-8582
出版年度：2014
期号：2
语种：English
出版社：Petroleum-Gas University of Ploiesti
摘要：This paper presents the measures and methods used by the monetary authority and the National Bank of Romania (NBR) in order to influence macroeconomic conditions through monetary and financial policy mix.An integral part of the economic policy of a state,monetary policy acts with the fiscal and budgetary policy in order to influence the aggregate demand.The instruments with which monetary policy operates are: supply and demand of credit,interest rates,exchange rates and reserve.The main target of the NBR is the determination of the annual rate of growth of the money supply,in order to maintain price stability,stimulate investment and employment growth.The analysis focuses on how the National Bank of Romania used the instruments of monetary policy in the period 2010-2014 in order to ensure the overall balance and to achieve the stated objective,i.e.to keep inflation level by anticipating the adoption of the single European currency.Experience has shown that monetary policy cannot act alone,but together with fiscal-budgetary policy.
关键词：monetary policy;monetary mass;rate of interest;inflation;the mix of macroeconomic policies
