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The crisis that started in 2008 has put to the test the ability of central banks to put aside traditional economic wisdom and try their hand at the most unorthodox measures, instead, to prevent economies from slipping into a depression…
Read moreWe live in a country which is aging and losing its population at an alarming rate. In the last 30 years the population fell by 3.5 million people and UN estimates show that by 2050 it will have lost another…
Read moreTen years after the Lehman Brothers collapse a question is on everyone`s lips: can this happen again? The worries around such a possibility are completely justified by the crisis that Ben Bernanke, a former FED Chairman deemed the worst in…
Read moreMeasuring inflation by keeping an eye on a basket of goods and services is not infallible. And that is not only due to the one-year delay in updating the consumer basket`s contents or because the contents vary with the population…
Read moreRomania`s credit ratings have never been the best compared with other countries in the region, either in absolute, or relative terms. This resulted in enough voices wondering on various occasions whether Romania might be discriminated against by the credit rating…
Read moreIn 1997 the well-known CNN journalist and political analyst, Fareed Zakaria wrote a visionary commentary entitled “The rise of the illiberal democracy” which predicted the rise of a new category of leaders: popular autocrats intent on governing without much regard…
Read moreManaging portfolio investments is a job in itself. One for which professionals study hard a highly complex field which is not within everybody`s reach. There are no shortcuts and the responsibility is huge as these people deal with other people`s…
Read moreHow can we decipher what is currently going on with the economy? Assuming that we are regular people with average knowledge in the area. What might seemingly conflicting statements, such as “the inflation that we are able to keep in…
Read moreCertainly, this is a question that on the face of it could sound absurd to many. How can a country with significant natural gas resources fear that they could end up creating trouble? These concerns are not new and there…
Read moreA few months ago I participated in a conference organized by the Romanian Central Bank. On that occasion, against the backdrop of Mr. Juncker`s vaguely optimistic statements on the new European architecture, people talked endlessly about including Romania in Europe`s…
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