Considerations Regarding the Monetary Policy Strategies Promoted by the Central and East European Countries after the Communism Collapse
Considerations Regarding the Monetary Policy Strategies Promoted by the Central and East European Countries after the Communism Collapse
Author(s): Monica-Ionelia MărgăritSubject(s): Economic history, Economic policy, History of Communism, Financial Markets
Published by: Editura Universitaria Craiova
Keywords: communism; monetary policy; central banks; monetary policy strategies; inflation targeting;
Summary/Abstract: As a result of society evolution, monetary policy, as well as the objectives of central banks, have suffered and continue to suffer several changes. The case of Central and East European countries is no different, and most of these countries have changed their monetary policy strategies after the collapse of the communist regime. This article aims to create an overview of the changes that have taken place in terms of monetary policy strategies and objectives in the Centrale and East European Countries, especially in Romania, Hungary, Poland and the Czech Republic. The paper is divided into two parts. The first part provides an overview image of the monetary policy promoted by the central banks immediately after the fall of communism, while the second part presents the main features of the current monetary policy strategies promoted in these countries.
Journal: Revista de Științe Politice. Revue des Sciences Politiques
- Issue Year: 2020
- Issue No: 65
- Page Range: 79-89
- Page Count: 11
- Language: English