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[null,"1.","Record Nr.",null,"UNINA9910967212503321"]
[null,null,"Titolo",null,"Romania : : Romania–Seventh and Eighth Reviews Under the Stand-By Arrangement and Request for Waiver of Nonobservance of Performance Criteria"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2013"]
[null,null,"ISBN",null,"9781484334973"]
[{"$nulls":4},"1484334973"]
[{"$nulls":4},"9781475561470"]
[{"$nulls":4},"1475561474"]
[{"$nulls":4},"9781475555882"]
[{"$nulls":4},"1475555881"]
[null,null,"Edizione",null,"[1st ed.]"]
[null,null,"Descrizione fisica",null,"1 online resource (103 p.)"]
[null,null,"Collana",null,"IMF Staff Country Reports"]
[null,null,"Disciplina",null,"332.152"]
[null,null,"Soggetti",null,"Economic development - Romania"]
[{"$nulls":4},"Fiscal policy - Romania"]
[{"$nulls":4},"Banks and Banking"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"Inflation"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Public Finance"]
[{"$nulls":4},"International Lending and Debt Problems"]
[{"$nulls":4},"Debt"]
[{"$nulls":4},"Debt Management"]
[{"$nulls":4},"Sovereign Debt"]
[{"$nulls":4},"Price Level"]
[{"$nulls":4},"Deflation"]
[{"$nulls":4},"Banks"]
[{"$nulls":4},"Depository Institutions"]
[{"$nulls":4},"Micro Finance Institutions"]
[{"$nulls":4},"Mortgages"]
[{"$nulls":4},"Interest Rates: Determination, Term Structure, and Effects"]
[{"$nulls":4},"Fiscal Policy"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"Public finance & taxation"]
[{"$nulls":4},"Banking"]
[{"$nulls":4},"Public ownership"]
[{"$nulls":4},"nationalization"]
[{"$nulls":4},"Arrears"]
[{"$nulls":4},"Public debt"]
[{"$nulls":4},"External debt"]
[{"$nulls":4},"Prices"]
[{"$nulls":4},"Fiscal stance"]
[{"$nulls":4},"Fiscal policy"]
[{"$nulls":4},"Debts, External"]
[{"$nulls":4},"Debts, Public"]
[{"$nulls":4},"Banks and banking"]
[{"$nulls":4},"Interest rates"]
[{"$nulls":4},"Nationalization"]
[{"$nulls":4},"Romania"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Description based upon print version of record."]
[null,null,"Nota di contenuto",null,"\"\"Cover\"\"; \"\"CONTENTS\"\"; \"\"INTRODUCTION\"\"; \"\"RECENT DEVELOPMENTS\"\"; \"\"OUTLOOK AND RISKS\"\"; \"\"PROGRAM POLICIES\"\"; \"\"A. Fiscal Policy: Better Fiscal Institutions and Public Financial Management\"\"; \"\"B. Structural Reforms: Enhancing growth prospects\"\"; \"\"C. Financial Sector Priorities: Dealing with NPLs and Contingency Planning\"\"; \"\"D. Monetary and Exchange Rate Policies: Anchoring Expectations\"\"; \"\"PROGRAM MODALITIES AND OTHER ISSUES\"\"; \"\"STAFF APPRAISAL\"\"; \"\"BOXES\"\"; \"\"1. Major Measures Under the SBA, 2011-13\"\"; \"\"2. Measures to Reduce Arrears\"\"; \"\"3. State-Owned Enterprise Arrears\"\""]
[{"$nulls":4},"\"\"FIGURES\"\"\"\"1. Real Sector, 2007-13\"\"; \"\"2. External Sector 2007-13\"\"; \"\"3. Labor Sector, 2007-13\"\"; \"\"4. Monetary Sector, 2007-13\"\"; \"\"5. Fiscal Operations, 2005-13\"\"; \"\"6. Financial Sector, 2007-13\"\"; \"\"7. Financial Development, 2007-13\"\"; \"\"8. Public Debt Sustainability: Bound Tests\"\"; \"\"9. External Debt Sustainability: Bound Tests\"\"; \"\"TABLES\"\"; \"\"1. Quantitative Program Targets\"\"; \"\"2. Performance for Seventh and Eighth Reviews\"\"; \"\"3. Selected Economic and Social Indicators, 2009-14\"\"; \"\"4. Macroeconomic Framework, Current Policies, 2009-18\"\""]
[{"$nulls":4},"\"\"5. Balance of Payments, 2009-18\"\"\"\"6. Gross Financing Requirements, 2010-14\"\"; \"\"7. General Government Operations, 2009-14\"\"; \"\"8. Monetary Survey, 2009-14\"\"; \"\"9. Financial Soundness Indicators, 2008-13\"\"; \"\"10. Schedule of Reviews and Purchases\"\"; \"\"11. Indicators of Fund Credit, 2013-18\"\"; \"\"12. Public Sector Debt Sustainability Framework, 2008-18\"\"; \"\"13. External Debt Sustainability Framework, 2008-18\"\"; \"\"APPENDIX\"\"; \"\"I. Letter of Intent\"\"; \"\"ATTACHMENTS\"\"; \"\"I. Memorandum of Economic and Financial Policies\"\"; \"\"II. Technical Memorandum of Understanding\"\""]
[null,null,null,"Sommario/riassunto","This paper discusses Romania’s Seventh and Eighth Reviews Under the Stand-by Arrangement and Request for Waiver of Nonobservance of Performance Criteria. Continued strong fiscal consolidation would enable Romania to exit the EU Excessive Deficit Procedure by mid-2013; prudent monetary policy kept core inflation low, and close supervision buttressed banking sector stability. Fiscal and international reserves buffers and a well-capitalized banking sector provide a cushion against shocks. Market sentiment toward Romania improved as political uncertainty subsided in the aftermath of the December 2012 parliamentary elections, which the ruling coalition won. Structural "]
[{"$nulls":4},"reforms, however, advanced slowly, and the recovery has lagged behind that in most other European emerging economies."]