01719cas a2200241 a 4500 AALejournalIMF003136 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451933451 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Romania : Staff Report for 2004 Article IV Consultation and Request for Stand-By Arrangement. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (114 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/221 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/221/002.2004.issue-221-en.xml IMF e-Library