EXCHANGE RATE AND ECONOMIC GROWTH. THE CASE OF ROMANIA
Considering the difficulties created by the economic crisis, many exporters have criticized the National Bank of Romania (NBR)’s policy regarding the exchange rate evolution. They argue that depreciation is a necessary condition for recovery and not financial stability. On the contrary, Romania cann...
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| Format: | Article |
| Language: | English |
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Alexandru Ioan Cuza University of Iasi
2010-12-01
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| Series: | CES Working Papers |
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| Online Access: | http://cse.uaic.ro/WorkingPapers/articles/CESWP2010_II4_GHI.pdf |