TY - BOOK ID - 84545438 TI - Romania : Ex-Post Assessment of Longer-Term Program Engagement. PY - 2004 SN - 1455261084 1452718121 1283553155 1451886764 9786613865601 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Foreign exchange rates KW - Economic assistance KW - Economic aid KW - Foreign aid program KW - Foreign assistance KW - Grants-in-aid, International KW - International economic assistance KW - International grants-in-aid KW - Economic policy KW - International economic relations KW - Conditionality (International relations) KW - Exchange rates KW - Fixed exchange rates KW - Flexible exchange rates KW - Floating exchange rates KW - Fluctuating exchange rates KW - Foreign exchange KW - Rates of exchange KW - Rates KW - Romania KW - Economic policy. KW - Economic conditions. KW - Banks and Banking KW - Exports and Imports KW - Inflation KW - Macroeconomics KW - Industries: Energy KW - Corporate Finance KW - Institutions and the Macroeconomy KW - Comparison of Public and Private Enterprises and Nonprofit Institutions KW - Privatization KW - Contracting Out KW - Energy and the Macroeconomy KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Price Level KW - Deflation KW - Current Account Adjustment KW - Short-term Capital Movements KW - Petroleum, oil & gas industries KW - Banking KW - International economics KW - Public ownership KW - nationalization KW - Structural reforms KW - Energy sector KW - Macrostructural analysis KW - Economic sectors KW - Current account deficits KW - Balance of payments KW - Prices KW - Energy industries KW - Banks and banking UR - https://www.unicat.be/uniCat?func=search&query=sysid:84545438 AB - This paper reviews the experience of the IMF’s long-term engagement in Romania and options for future IMF involvement. The unfavorable growth performance also reflected adverse conditions for private sector development. Foreign investors have welcomed the more stable macroeconomic environment and the tax legislation overhaul under the recent Stand-By Arrangement. Although the overlap between Bank and IMF conditionality in the area of structural reforms was not conducive to reducing the number of conditions, it helped increase the pressure on the authorities to maintain the reform momentum. ER -