The Resource Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
Resource Information
The item Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Significant progress has been made in macroeconomic stabilization under two successive SBAs but the economic recovery remains fragile. Growth is expected to remain subdued in the near term and to only gradually recover over the medium term, with risks to the outlook mostly on the downside. With strong trade and financial sector linkages, Romania is exposed to the euro area crisis. Fiscal and external reserves provide a buffer and the banking sector remains well-capitalized. At the same time, the political situation has become more unsettling with three governments in 2012, uneasy cohabitation between the President and the governing coalition that has sought to remove him, and parliamentary elections to be held in the fall. The political uncertainty has contributed to accelerated exchange rate depreciation and higher financing costs, and has dented confidence
- Language
- eng
- Extent
- 1 online resource (117 pages)
- Note
- Available in PDF, ePUB, and Mobi formats on the Internet
- Contents
-
- Cover Page; Title Page; Copyright Page; Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria; Contents; Boxes; Tables; Figures; Appendix; Attachments; I. Executive Summary; II. Context: A Vulnerable Recovery; III. Program Implementation; IV. Outlook and Risks; 1. Stand-By Arrangement; 2. Medium Term Growth Potential; V. Policy Discussions; A. Main Challenges; B. Achieving Fiscal Sustainability
- 3. Addressing the Challenges of the Healthcare SystemC. Preserving Low Inflation with a Flexible Exchange Rate; 4. Effectiveness of Interest Rate Transmission in Romania; 5. Adequacy of International Reserves; D. Maintaining Medium-Term External Sustainability; E. Developing a Resilient Banking System; 6. Foreign Bank Deleveraging in Romania; VI. Medium-Term Perspective: Fostering Higher and Inclusive Growth; A. Upgrading the Energy and Transportation Sectors; B. Restructuring State-Owned Enterprises; C. EU Funds Absorption; D. Labor Market Reform
- 7. Main Amendments to Labor and Social Assistance LegislationsVII. Program Modalities and Other Issues; 1. Quantitative Program Targets; 2. Performance for Sixth Review; VIII. Staff Appraisal; 3. Selected Economic and Social Indicators, 2008-13; 4. Macroeconomic Framework, Current Policies, 2008-17; 5. Balance of Payments, 2008-17; 6. Gross Financing Requirements, 2010-13; 7. General Government Operations, 2008-14; 8. Monetary Survey, 2008-13; 9. Financial Soundness Indicators, 2008-12; 10. Schedule of Reviews and Purchases; 11. Indicators of Fund Credit, 2012-17
- 12. Public Sector Debt Sustainability Framework, 2007-1713. External Debt Sustainability Framework, 2007-17; 1. Real Sector, 2007-12; 2. External Sector, 2007-12; 3. Labor Sector, 2007-12; 4. Monetary Sector, 2005-12; 5. Fiscal Operations, 2005-12; 6. Financial Sector, 2007-12; 7. Financial Developments; 8. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability: Bound Tests; I. Letter of Intent; I. Memorandum of Economic and Financial Policies; II. Technical Memorandum of Understanding
- Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria-Informational AnnexContents; I. Fund Relations; II. Relations with the World Bank; III. Statistical Issues; Footnotes; 7. The banking sector is vulnerable to spillovers from the euro area and the weak economic recovery; VI. Projected Payments to Fund (Expectations Basis); On September 28, 2012, the Executive Board of the International Monetary Fund
- Isbn
- 9781283866811
- Label
- Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
- Title
- Romania
- Title remainder
- Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
- Language
- eng
- Summary
- Significant progress has been made in macroeconomic stabilization under two successive SBAs but the economic recovery remains fragile. Growth is expected to remain subdued in the near term and to only gradually recover over the medium term, with risks to the outlook mostly on the downside. With strong trade and financial sector linkages, Romania is exposed to the euro area crisis. Fiscal and external reserves provide a buffer and the banking sector remains well-capitalized. At the same time, the political situation has become more unsettling with three governments in 2012, uneasy cohabitation between the President and the governing coalition that has sought to remove him, and parliamentary elections to be held in the fall. The political uncertainty has contributed to accelerated exchange rate depreciation and higher financing costs, and has dented confidence
- Cataloging source
- CEF
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- Government publication
- international or intergovernmental publication
- Index
- no index present
- Language note
- English
- LC call number
- HG3881.5.I58 ONLINE
- Literary form
- non fiction
- Nature of contents
- dictionaries
- http://bibfra.me/vocab/lite/organizationName
- International Monetary Fund
- http://library.link/vocab/relatedWorkOrContributorName
-
- International Monetary Fund
- International Monetary Fund
- Series statement
- IMF Staff Country Reports
- Series volume
- No. 12/290
- http://library.link/vocab/subjectName
-
- Economic development
- Romania
- Economic development
- Economic history
- Romania
- Label
- Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
- Note
- Available in PDF, ePUB, and Mobi formats on the Internet
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- Cover Page; Title Page; Copyright Page; Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria; Contents; Boxes; Tables; Figures; Appendix; Attachments; I. Executive Summary; II. Context: A Vulnerable Recovery; III. Program Implementation; IV. Outlook and Risks; 1. Stand-By Arrangement; 2. Medium Term Growth Potential; V. Policy Discussions; A. Main Challenges; B. Achieving Fiscal Sustainability
- 3. Addressing the Challenges of the Healthcare SystemC. Preserving Low Inflation with a Flexible Exchange Rate; 4. Effectiveness of Interest Rate Transmission in Romania; 5. Adequacy of International Reserves; D. Maintaining Medium-Term External Sustainability; E. Developing a Resilient Banking System; 6. Foreign Bank Deleveraging in Romania; VI. Medium-Term Perspective: Fostering Higher and Inclusive Growth; A. Upgrading the Energy and Transportation Sectors; B. Restructuring State-Owned Enterprises; C. EU Funds Absorption; D. Labor Market Reform
- 7. Main Amendments to Labor and Social Assistance LegislationsVII. Program Modalities and Other Issues; 1. Quantitative Program Targets; 2. Performance for Sixth Review; VIII. Staff Appraisal; 3. Selected Economic and Social Indicators, 2008-13; 4. Macroeconomic Framework, Current Policies, 2008-17; 5. Balance of Payments, 2008-17; 6. Gross Financing Requirements, 2010-13; 7. General Government Operations, 2008-14; 8. Monetary Survey, 2008-13; 9. Financial Soundness Indicators, 2008-12; 10. Schedule of Reviews and Purchases; 11. Indicators of Fund Credit, 2012-17
- 12. Public Sector Debt Sustainability Framework, 2007-1713. External Debt Sustainability Framework, 2007-17; 1. Real Sector, 2007-12; 2. External Sector, 2007-12; 3. Labor Sector, 2007-12; 4. Monetary Sector, 2005-12; 5. Fiscal Operations, 2005-12; 6. Financial Sector, 2007-12; 7. Financial Developments; 8. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability: Bound Tests; I. Letter of Intent; I. Memorandum of Economic and Financial Policies; II. Technical Memorandum of Understanding
- Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria-Informational AnnexContents; I. Fund Relations; II. Relations with the World Bank; III. Statistical Issues; Footnotes; 7. The banking sector is vulnerable to spillovers from the euro area and the weak economic recovery; VI. Projected Payments to Fund (Expectations Basis); On September 28, 2012, the Executive Board of the International Monetary Fund
- Control code
- 1056442333
- Dimensions
- unknown
- Extent
- 1 online resource (117 pages)
- Form of item
- online
- Isbn
- 9781283866811
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781475542615.002
- Specific material designation
- remote
- System control number
- (OCoLC)1056442333
- Label
- Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria
- Note
- Available in PDF, ePUB, and Mobi formats on the Internet
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- Cover Page; Title Page; Copyright Page; Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria; Contents; Boxes; Tables; Figures; Appendix; Attachments; I. Executive Summary; II. Context: A Vulnerable Recovery; III. Program Implementation; IV. Outlook and Risks; 1. Stand-By Arrangement; 2. Medium Term Growth Potential; V. Policy Discussions; A. Main Challenges; B. Achieving Fiscal Sustainability
- 3. Addressing the Challenges of the Healthcare SystemC. Preserving Low Inflation with a Flexible Exchange Rate; 4. Effectiveness of Interest Rate Transmission in Romania; 5. Adequacy of International Reserves; D. Maintaining Medium-Term External Sustainability; E. Developing a Resilient Banking System; 6. Foreign Bank Deleveraging in Romania; VI. Medium-Term Perspective: Fostering Higher and Inclusive Growth; A. Upgrading the Energy and Transportation Sectors; B. Restructuring State-Owned Enterprises; C. EU Funds Absorption; D. Labor Market Reform
- 7. Main Amendments to Labor and Social Assistance LegislationsVII. Program Modalities and Other Issues; 1. Quantitative Program Targets; 2. Performance for Sixth Review; VIII. Staff Appraisal; 3. Selected Economic and Social Indicators, 2008-13; 4. Macroeconomic Framework, Current Policies, 2008-17; 5. Balance of Payments, 2008-17; 6. Gross Financing Requirements, 2010-13; 7. General Government Operations, 2008-14; 8. Monetary Survey, 2008-13; 9. Financial Soundness Indicators, 2008-12; 10. Schedule of Reviews and Purchases; 11. Indicators of Fund Credit, 2012-17
- 12. Public Sector Debt Sustainability Framework, 2007-1713. External Debt Sustainability Framework, 2007-17; 1. Real Sector, 2007-12; 2. External Sector, 2007-12; 3. Labor Sector, 2007-12; 4. Monetary Sector, 2005-12; 5. Fiscal Operations, 2005-12; 6. Financial Sector, 2007-12; 7. Financial Developments; 8. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability: Bound Tests; I. Letter of Intent; I. Memorandum of Economic and Financial Policies; II. Technical Memorandum of Understanding
- Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria-Informational AnnexContents; I. Fund Relations; II. Relations with the World Bank; III. Statistical Issues; Footnotes; 7. The banking sector is vulnerable to spillovers from the euro area and the weak economic recovery; VI. Projected Payments to Fund (Expectations Basis); On September 28, 2012, the Executive Board of the International Monetary Fund
- Control code
- 1056442333
- Dimensions
- unknown
- Extent
- 1 online resource (117 pages)
- Form of item
- online
- Isbn
- 9781283866811
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781475542615.002
- Specific material designation
- remote
- System control number
- (OCoLC)1056442333
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Romania--Staff-Report-for-the-2012-Article-IV/IS4Spw4ul8s/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Romania--Staff-Report-for-the-2012-Article-IV/IS4Spw4ul8s/">Romania : Staff Report for the 2012 Article IV Consultation, Sixth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>