0000000000458413
AUTHOR
Orastean Ramona
showing 3 related works from this author
POST-CRISIS EXCHANGE RATE ARRANGEMENTS IN EUROPE
2012
This paper make a comparative analyze of the exchange rate arrangements in Europe (48 countries) before and after the global financial crisis. The main conclusion is that a number of countries abandoned their previously exchange rate regimes: Albania, Iceland and Switzerland (from free floating to managed floating); Hungary (from pegged exchange rate within fluctuation bands to euro to managed floating); Czech Republic (from managed floating to free floating); Croatia (from managed floating) and Macedonia (from conventional peg to euro) to a stabilized arrangement, with euro as reference currency; Azerbaijan (from crawling peg to a stabilized arrangement, with a composite anchor).
THE US DOLLAR, THE EURO, THE JAPANESE YEN AND THE CHINESE YUAN IN THE FOREIGN EXCHANGE MARKET – A COMPARATIVE ANALYSIS
2013
This paper exposes an evaluation of the bilateral exchange rate developments of the US dollar against the euro, the Japanese yen and the Chinese yuan/renminbi and surveys the nominal and real effective exchange rates trends of such currencies over the period 1994-2012. It also briefly reviews the currency composition of the foreign exchange market turnover, pointing out several important features of the evolution of this market after the introduction of the euro.
THE LENDING ARRANGEMENTS OF THE IMF IN EUROPEAN UNION IN TIMES OF CRISIS – CHARACTERISTICS AND EVOLUTIONS
2014
This paper focuses on the lending arrangements of the IMF in EU countries during crisis period. First, we reviewed the literature regarding IMF-supported programs in times of crisis. On the other hand, we provided a description of the IMF arrangements in EU countries in 2008-2013. We found that these programs differ in type, duration, amount and conditionality, but not significantly in their key objectives (achieving sustainable public finances and ensuring financial sector stability).