Romania : Selected Issues and Statistical Appendix

1ROMEA0022003 Image
Price:  $15.00

Release Date: © January, 2003
ISBN : 978-1-45183-278-5
Stock #: 1ROMEA0022003
Stock Status: On back-order

Languages and formats available



This Selected Issues paper and Statistical Appendix provides an estimate of the long-term path of Romania’s real exchange rate. The paper describes the recent history of the real exchange rate and its main determinants. A model is developed of a time-varying long-term exchange rate path, mainly driven by the terms of trade and net foreign direct investment. This long-term path is then used to assess the developments in Romania’s actual exchange rate. The paper also examines Romania’s growth potential in the medium term.

More publications in this series: IMF Staff Country Reports