Coverart for item
The Resource Romania : ex post evaluation of exceptional access under the 2009 stand-by arrangement, prepared by the interdepartmental staff team

Romania : ex post evaluation of exceptional access under the 2009 stand-by arrangement, prepared by the interdepartmental staff team

Label
Romania : ex post evaluation of exceptional access under the 2009 stand-by arrangement
Title
Romania
Title remainder
ex post evaluation of exceptional access under the 2009 stand-by arrangement
Statement of responsibility
prepared by the interdepartmental staff team
Title variation
Romania, ex post evaluation of exceptional access
Contributor
Subject
Genre
Language
eng
Summary
This paper discusses ex-post evaluation of Romania's exceptional access under the 2009 Stand-By Arrangement. Concerns about Romania's external and fiscal sustainability have triggered significant increase in external borrowing costs as sovereign yields jumped to 9 percent. Banks also came under increasing pressure, with liquidity drying up from the interbank market. Rollover risks also increased as the maturity structure gradually deteriorated, and reserves coverage of shorter-term external debt declined. The large and front-loaded financing along with upfront fiscal actions has helped quickly to restore market confidence, with a successful return to private financial markets during the program period
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HC59.15.I15
LC item number
No. 12/64 ONLINE
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
International Monetary Fund
Series statement
IMF country report
Series volume
no. 12/64
http://library.link/vocab/subjectName
  • International Monetary Fund
  • International Monetary Fund
  • Loans, Foreign
  • Romania
  • Romania
  • Economic indicators
  • Economic history
  • Economic indicators
  • Economic policy
  • Loans, Foreign
  • Romania
Label
Romania : ex post evaluation of exceptional access under the 2009 stand-by arrangement, prepared by the interdepartmental staff team
Instantiates
Publication
Copyright
Note
"March 2012."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Contents; I. Introduction and Summary; II. Why did Romania Request Fund Assistance?; III. Was the Program Design Appropriate?; A. Program Design and Objectives; B. Adequacy of the Financing Package; C. Were the Exceptional Access Criteria Met?; D. Was the Conditionality Appropriate?; IV. Was the Policy Response Appropriate?; A. Macroeconomic Forecasts; B. Fiscal Policy; Boxes; 1. How did the Program Deal with General Government Arrears?; C. Monetary and Exchange Rate Policy; D. Financial Sector; 2. The European Bank Coordination Initiative; V. Did the Program Achieve its Objectives?
  • VI. ConclusionsTables; 1. Structural Conditionality and Prior Actions Under 2009 SBA; 2. Quantitative Program Target and Actual Values Under the 2009 SBA; 3. Selected Economic Indicators, 2008-11; Figures; 1. Program Baseline Scenario; 2. 2009 SBA Program Projections; 3. Macroeconomic Indicators: Cross Country Comparison; 4. Fiscal Adjustment During the Program; Annex; 1. Romanian Authorities' Views on the Ex-Post Evaluation
Control code
782019482
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781475581164
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)782019482
Label
Romania : ex post evaluation of exceptional access under the 2009 stand-by arrangement, prepared by the interdepartmental staff team
Publication
Copyright
Note
"March 2012."
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Contents; I. Introduction and Summary; II. Why did Romania Request Fund Assistance?; III. Was the Program Design Appropriate?; A. Program Design and Objectives; B. Adequacy of the Financing Package; C. Were the Exceptional Access Criteria Met?; D. Was the Conditionality Appropriate?; IV. Was the Policy Response Appropriate?; A. Macroeconomic Forecasts; B. Fiscal Policy; Boxes; 1. How did the Program Deal with General Government Arrears?; C. Monetary and Exchange Rate Policy; D. Financial Sector; 2. The European Bank Coordination Initiative; V. Did the Program Achieve its Objectives?
  • VI. ConclusionsTables; 1. Structural Conditionality and Prior Actions Under 2009 SBA; 2. Quantitative Program Target and Actual Values Under the 2009 SBA; 3. Selected Economic Indicators, 2008-11; Figures; 1. Program Baseline Scenario; 2. 2009 SBA Program Projections; 3. Macroeconomic Indicators: Cross Country Comparison; 4. Fiscal Adjustment During the Program; Annex; 1. Romanian Authorities' Views on the Ex-Post Evaluation
Control code
782019482
Extent
1 online resource (32 pages)
Form of item
online
Isbn
9781475581164
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System control number
(OCoLC)782019482

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