TY - BOOK ID - 84546930 TI - Romania : Staff Report for 2004 Article IV Consultation and Request for Stand-By Arrangement. PY - 2004 SN - 1462396739 1452767874 128355951X 9786613871961 1452745722 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Romania KW - Economic conditions. KW - Economic policy. KW - Exports and Imports KW - Macroeconomics KW - Money and Monetary Policy KW - Public Finance KW - Industries: Energy KW - Banks and Banking KW - Comparison of Public and Private Enterprises and Nonprofit Institutions KW - Privatization KW - Contracting Out KW - Current Account Adjustment KW - Short-term Capital Movements KW - Energy and the Macroeconomy KW - Monetary Policy, Central Banking, and the Supply of Money and Credit: General KW - International Lending and Debt Problems KW - International economics KW - Petroleum, oil & gas industries KW - Monetary economics KW - Public ownership KW - nationalization KW - Current account deficits KW - Energy sector KW - Credit KW - External debt KW - Economic sectors KW - Balance of payments KW - Money KW - Energy industries KW - Debts, External UR - https://www.unicat.be/uniCat?func=search&query=sysid:84546930 AB - Romania’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA) are discussed. The authorities have requested a new precautionary 24-month SBA to secure macroeconomic stabilization and keep European Union accession on track. Romania has preserved competitiveness, despite the slowdown in depreciation and recently strong domestic demand. Exports remained the strongest component of aggregate demand and Romania continued to increase market share in its main trading partners. An exchange-rate-based monetary policy has been successful in accomplishing disinflation but has faced challenges in containing credit growth. ER -