Revista OEconomica

Raluca-Georgiana ROBU, Maria GHEORGHE (NIŢU), Valentin COJANU, Alexia-Maria POPESCU - Between Opportunity and Dependency: The Evolution of Romania’s Trade with Asian Economies [Între oportunitate şi dependenţă: evoluţia comerţului României cu economiile asiatice]

Narciz BĂLĂŞOIU, Octavian-Dragomir JORA, Răzvan Marian PÎRCĂLĂBESCU - Romania’s Positioning and Room for Manoeuvre: The Dilemmas of Peripheral Adaptation in the New Indo-Pacific [Poziţionarea şi marjele de manevră ale României: dilemele adaptării periferice în noul Indo-Pacific]

Mădălina JURUBIțĂ - Redefining EU Trade Policy for an Age of Geoeconomic Rivalry: Strategic Autonomy, Security, and Resilience

Geicun MUSTAFA - Islamophobia as an Informal Trade Barrier: Reputational Risk and the Political Economy of Deglobalization

Hesam JEBELI-BAKHT-ARA - Racialized Capitalism and Economic Discrimination: The Case of Ethnic Labour Segmentation in Contemporary Europe

Articles on Issue Theme

Irina Mădălina DOROFTEI

Academia de Studii Economice din Bucureşti

The author’s recent investigation including 140 monetary authorities around the world provides a useful overview of contemporary monetary policy. Monetary policy objectives prevail in central banks’ charters and legislation, as compared to other objectives of central banks. Strategies, instead, are usually left to central banks’ discretion. The survey revealed a number of methodological issues in the definitions policy makers use, as well as in establishing the main objective and strategy of monetary policy. Still, the consensus in macroeconomics has been confirmed – the majority of monetary authorities have assumed price stability as their objective and inflation targeting as monetary strategy.

ŒCONOMICA no. 3/2013

Keywords: monetary policy, monetary policy objectives, monetary policy strategy

JEL: E52, E58

A Survey of Contemporary Monetary Policy [O cercetare a politicilor monetare contemporane]

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