THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS
The liberalization of capital movements between states and of the trade of goods and services, are one of the most important phenomena in the current world economy. The purpose of the present study, in the case of Romania, is to answer the question whether the interventions by means of the exchange...
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| Format: | Article |
| Language: | English |
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Romanian Foundation for Business Intelligence
2015-04-01
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| Series: | SEA: Practical Application of Science |
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| Online Access: |
http://seaopenresearch.eu/Journals/articles/SPAS_7_42.pdf
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| _version_ | 1819061105171890176 |
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| author | Mihaela IAVORSCHI |
| author_facet | Mihaela IAVORSCHI |
| author_sort | Mihaela IAVORSCHI |
| collection | DOAJ |
| description | The liberalization of capital movements between states and of the trade of goods and services, are one of the most important phenomena in the current world economy. The purpose of the present study, in the case of Romania, is to answer the question whether the interventions by means of the exchange rate of the national currency contributes to the fluidization and improvement of the commercial trades. The study demonstrates that the leu devaluation does not lead to a substantial increase of the exports. As a mechanism of influence of the commercials flows, the exchange rate has a short-term influence and the economy requires structural reforms, meant to stimulate the growth of the economic competitiveness. |
| first_indexed | 2024-12-21T14:37:35Z |
| format | Article |
| id | doaj.art-84a89055bb9d41b0b4d12c5c593b044e |
| institution | Directory Open Access Journal |
| issn | 2360-2554 |
| language | English |
| last_indexed | 2024-12-21T14:37:35Z |
| publishDate | 2015-04-01 |
| publisher | Romanian Foundation for Business Intelligence |
| record_format | Article |
| series | SEA: Practical Application of Science |
| spelling | doaj.art-84a89055bb9d41b0b4d12c5c593b044e2022-12-21T19:00:18ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542015-04-01III7 (1/2015)301308seapas:y:2015:i:7:p:301-308THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWSMihaela IAVORSCHI0 Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University, Iasi, Romania The liberalization of capital movements between states and of the trade of goods and services, are one of the most important phenomena in the current world economy. The purpose of the present study, in the case of Romania, is to answer the question whether the interventions by means of the exchange rate of the national currency contributes to the fluidization and improvement of the commercial trades. The study demonstrates that the leu devaluation does not lead to a substantial increase of the exports. As a mechanism of influence of the commercials flows, the exchange rate has a short-term influence and the economy requires structural reforms, meant to stimulate the growth of the economic competitiveness. http://seaopenresearch.eu/Journals/articles/SPAS_7_42.pdf ExportsImportsExchange rate |
| spellingShingle | Mihaela IAVORSCHI THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS SEA: Practical Application of Science Exports Imports Exchange rate |
| title | THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS |
| title_full | THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS |
| title_fullStr | THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS |
| title_full_unstemmed | THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS |
| title_short | THE IMPACT OF THE EXCHANGE RATE ON THE COMMERCIALS FLOWS |
| title_sort | impact of the exchange rate on the commercials flows |
| topic | Exports Imports Exchange rate |
| url |
http://seaopenresearch.eu/Journals/articles/SPAS_7_42.pdf
|
| work_keys_str_mv | AT mihaelaiavorschi theimpactoftheexchangerateonthecommercialsflows AT mihaelaiavorschi impactoftheexchangerateonthecommercialsflows |