Business in Romania blog
The business in Romania blog writes about the Romanian business landscape, doing business in Romania, investing in Romania business and debating on business issues in Romania. Check this Blog's Policy here.

Monday, January 17, 2005
Business in Romania blog
M. Calin Popescu Tariceanu, Prime Minister of Romania, announced recently on Realitatea TV that Romania is to stay close to IMF for two more years.

During this period, Romania is to follow IMF suggestions for managing the reform process and IMF will back up Romania for this period. One of the things that are agreed between Romania and IMF is the economical growth of 5 - 5.5 percents / year.

I notice a tendencies lately against IMF...all countries want to be managed by their own and it seems that (1) IMF policies are not very much adapted to each countries case, being more like templates that IMF suggests to their "clients" and (2) even though they are going through a bad period, countries want to be managed by their own and not feel an external intrusion in their affairs.

Also, some of IMF Failures have fueld this feeling. Let's remember that IMF had some pretty bad results in Mexico, Nicaraua, Argentina, Brazil, Russia and more. IMF also admitted having some failures, but I wonder if an organization like IMF can be so flexible in order to shift its views and prevent other failures from hapenning.

Posted by Mihai : 1/17/2005 01:47:00 pm Romania stays with IMF for two more years
Business in Romania blog
Business in Romania blog

Business Archives

06/01/2004 - 07/01/2004
08/01/2004 - 09/01/2004
09/01/2004 - 10/01/2004
10/01/2004 - 11/01/2004
11/01/2004 - 12/01/2004
12/01/2004 - 01/01/2005
01/01/2005 - 02/01/2005
02/01/2005 - 03/01/2005
03/01/2005 - 04/01/2005
04/01/2005 - 05/01/2005
05/01/2005 - 06/01/2005
06/01/2005 - 07/01/2005
07/01/2005 - 08/01/2005
08/01/2005 - 09/01/2005
09/01/2005 - 10/01/2005
10/01/2005 - 11/01/2005
11/01/2005 - 12/01/2005
12/01/2005 - 01/01/2006
01/01/2006 - 02/01/2006
02/01/2006 - 03/01/2006
This is a Flickr badge showing public photos from Mihai Botea. Make you own badge here.

Add Business in Romania to My Yahoo!

Previous Posts


Business in Romania Feed Burner

Business in Romania is powered by Blogger

This website is proud to be designed by Mihai Dragan

I usually listen to THIS kind of music.