THE FDI ROLE IN STIMULATING THE INTEGRATION PHENOMENON

The purpose of the study is to demonstrate that the reference rate influences significantly the economic evolution of a country or some large areas on which that currency circulates; we mean euro and US dollar. The monetary policy regarding the reference rate influences clearly the economic policies...

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Bibliographic Details
Main Author: Emilian M. DOBRESCU
Format: Article
Language:English
Published: Romanian Academy 2006-12-01
Series:Revista Romana de Economie
Subjects:
Online Access:http://www.revecon.ro/articles/2006-2/2006-2-3.pdf
Description
Summary:The purpose of the study is to demonstrate that the reference rate influences significantly the economic evolution of a country or some large areas on which that currency circulates; we mean euro and US dollar. The monetary policy regarding the reference rate influences clearly the economic policies, and not the other way round. The banking policies regarding the reference rate influence clearly the economic-financial activity of the area in which that currency circulates.
ISSN:1220-5567