| Description |
1 online resource (60 pages) : color illustrations |
| Series |
IMF country report, 2227-8907 ; no. 08/210 |
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IMF country report ; no. 08/210.
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| Contents |
Cover; Contents; I. Romania's External Stability Risks; A. External Stability and Convergence; Figures; 1. External Stability Assessment; 2. Real, Nominal, and Financial Convergence; B. External Flows 2003-07: Stylized Facts; C. Equilibrium Current Account Balance; 3. Estimated Current Account Norm; Boxes; 1. Macroeconomic Balance Approach; Box Table 1. Current Account Regressions; 2. CGER Methodology for Assessing Real Exchange Rate Adjustment; 3. Current Account Balance and External Sustainability Approach; 4. IIP-Stabilizing Current Account Balance; D. Equilibrium Real Exchange Rate |
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5. Real Effective Exchange Rates, 1999-20086. Profitability in Manufacturing Sector, 2000-07; 4. Equilibrium Real Exchange Rate Estimation; E. External Competitiveness; 7. Equilibrium Real Exchange Rate Approach, 2000-07; 8. Exports Performance Indicators; 9. PPP and Euro-Wage Comparisons; F. External Balance Sheet Analysis; 10. Emerging Europe: Share of FDI in Tradables; 11. Net International Investment Position in Selected EU Countries; 12. Balance of Payments and External Debt Dynamics, 2000-07; 13. External Debt Stocks; G. Summary of External Stability Assessment; References |
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II. Wage-Price Setting in Romania and Other EU New Member StatesA. Background; B. The Wage and Price Setting Relations; C. Additional Considerations for Wage-Price Setting; Figures; 1. Relationship Between GDP and Private Consumption Deflator in NMS; D. Stylized Facts on Wage-Setting Behavior in NMS; 2. Real Wage and Productivity Growth in NMS; 3. Developments in Real Unit Labor Cost in NMS; 4. Wage and Prices Developments among NMS; 5. Private Transfers in NMS; 6. Labor Force Developments in NMS; 7. Excess Demand of Workers with Tertiary Education |
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8. Nominal Unit Labor Costs and Consumer Price Inflation in NMS9. Competition in NMS; E. Empirical Wage and Price Setting Equations; F. Empirical Evidence on Price-Wage Setting Behavior in NMS; Tables; 1. EU27: Long-Run Wage Equation Estimation; 2. EU27: Wage Error Correction Model Estimation; 3. EU27: Long-Run Price Equation Estimation; G. Wage-Price Setting Behavior in Romania; 4. EU27: Price Error Correction Model Estimation; 10. How Far are Romania's Wages from Equilibrium?; 11. Romania: Real and Nominal Wages; 12. Romania: Labor Productivity and Real Unit Labor Costs |
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13. Romania: Labor Force Developments14. Romania: Employment Growth by Sector; 15. Union Density and Collective Bargaining in NMS; 16. Selected Labor Market Indicators in NMS; 5. Romania: Labor Flexibility; References; III. Retooling Romania's Budget Culture; A. Background; Figures; 1. General Government Balance and Debt; B. Characteristics of a Good Budget Culture; 2. Quality of Budgetary Procedures in the EU-10 Member States; Tables; 1. Quality of Budgetary Procedures and Fiscal Indicators in EU Countries; 3. Reliance on Medium-Term Budgetary Frameworks in the EU Member States |
| Summary |
Annotation In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country |
| Notes |
"Prepared by Costas Christou, Manuela Goretti, Laurent Moulin, and Ruben Atoyan." |
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"July 2008"--Cover |
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"Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country." |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Foreign exchange rates -- Romania
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Wages -- Romania
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Prices -- Romania
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Fiscal policy -- Romania
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Budget process -- Romania
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Budget process
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Fiscal policy
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Foreign exchange rates
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International economic relations
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Prices
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Wages
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| SUBJECT |
Romania -- Foreign economic relations
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| Subject |
Romania
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| Form |
Electronic book
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| Author |
Christou, C. (Costas), author.
|
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International Monetary Fund, issuing body.
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| ISBN |
1283557398 |
|
9781283557399 |
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9781451983982 |
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1451983980 |
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9781452755458 |
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1452755450 |
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