Universitatea din Bucuresti, Facultatea de Administratie si Afaceri

Creative Commons License
Content on this site is licensed under Creative Commons Attribution-ShareAlike 4.0

Double Blind Review Evaluation




ISSN-L 1453-0503
ISSN (e) 2286-170X
ISSN (p) 1453-0503



Elisabeta Queen
No. 4 - 12, District 1,
Bucharest, Romania

see area map


Tel: +4 021 310 49 20
Fax: +4 021 310 49 20



Site Vechi/ Old Site


Inflation Targeting as Monetary Policy Strategy in View of Romania'’s Adopting Euro as National Currency


download file

Creative Commons License

  1. Authors:
      • ~Ph.D. Student Valentin Leoveanu, Afiliation: University of Bucharest

      • 72|76

  2. Keywords: inflation, monetary policy, exchange rate, Balassa-Samuelson effect.

  3. Abstract:
    On its way towards the European Union accession, Romania had undertaken a multitude of economic transformations that made the transit from the ineffective system of central planning to an institutional framework created to facilitate the functionality of a competitive market economy. Linked to these economic developments, the monetary authority represented by the National Bank of Romania chose some models of monetary policy in order to achieve its fundamental objectives: price stability and financial stability. Nowadays the monetary policy adopted is based on inflation targeting as a main frame of decision and action to reach the objective of adopting euro as national currency in Romania. This paper attempts to focus on the rationale behind the adoption of inflation targeting, the key features, the international experience and the prerequisites on this subject. As a conclusion there are presented the advantages of choosing this type of monetary policy on the further developments towards euro adopting in Romania.

download file

Creative Commons License


  1. Manager, indexed by Directory of Research Journals Indexing

    Manager is included in Directory of Research Journals Indexing . For details

  2. Manager, indexed by Google Scholar Database

     Manager  is included in  Google Scholar  Database. For

  3. Manager, indexed by PROQUEST Database

     Manager  is included in  PROQUEST Database. For details

  4. Manager, indexed by INDEX COPERNICUS Database

    Manager  is included in INDEX COPERNICUS Database. For details

  5. Manager, indexed by DOAJ Database

    Manager is included in DOAJ Database. For details : http://www.doaj.org/doaj?func=openurl&genre=journal&issn=14530503

  6. Manager, indexed by RePEc Database

     Manager  is included in  RePEc Database. For details :

  7. Manager, indexed by CEEOL Database

    Manager is included in the International Database CEEOL-Central and Eastern European 

  8. Manager, indexed by EBSCO-CEEAS Database

     Manager  is included in  EBSCO-CEEAS Database. For details :