Coverart for item
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

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
Creator
Contributor
Author
Subject
Genre
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
Member of
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
Instantiates
Publication
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
Publication
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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