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The Correlation Between The Increase Rate Of Gdp And The Inflation Rate

Author

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  • Criveanu Radu

    (University of Craiova Faculty of Economy and Business Administration Craiova, Romania)

Abstract

The paper is based on base macroeconomic indicators analyze, registered in Romania after 1990, the main attention being focused on the correlation between GDP rate and inflation rate. GDP had different evolutions, in conditions of a high rate of inflation (excepting the period 2000-2004).In the paper analyze, it is shown the fact that the chaotic evolution of the main indicators of Romania in the period after 1990 is explained by the inconsequence and incoherency of the macroeconomic policy (till the end of 2000), due to the absence of the long term macro-strategies.

Suggested Citation

  • Criveanu Radu, 2007. "The Correlation Between The Increase Rate Of Gdp And The Inflation Rate," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 163-168, April.
    • Handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:163-168
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    File URL: http://feaa.ucv.ro/RTE/007-20.pdf
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    More about this item

    Keywords

    correlations; economic growth; GDP; inflation rate; macroeconomic equilibrium;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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