%0 Journal Article
%T Coordinates of National Bank of Romania Reform
%A BOGDAN CAPRARU
%J Scientific Annals of the Alexandru Ioan Cuza University of Iasi : Economic Sciences Series
%D 2006
%I 
%X The reform process of the National Bank of Romania has started sixteen years ago since the communist regime was eliminated. The perspectives of Romania¡¯s EU accession enforced this process and the NBR accounted performances in targeting its objectives. In this study we underline the challenges and consequences of Romanian central bank reform. In spite of a central bank independence, sometimes between monetary and fiscal polices there are no correlation. That¡¯s why we propose the multiannual budgeting as a correspondent in fiscal policy for inflation targeting monetary policy framework. Also we assess the consequences of Basel II implementation for Romanian banking system and, especially NBR responsibilities.
%K central bank independence
%K reform
%K transition
%K EU enlargement
%K convergence
%U http://anale.feaa.uaic.ro/anale/resurse/14_Capraru_B_-_Coordonate_ale_reformei_in_activitatea_BNR.pdf