01569cas a2200241 a 4500 AALejournalIMF005207 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832907 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Romania : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (61 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 This paper examines Romania's external stability risks. Recent Romanian data indicate high increases in real wages, not matched by comparable productivity gains. Both the government and the National Bank of Romania (NBR) have highlighted the importance of a responsible and stabilizing wage policy for macroeconomic stability in the country current juncture. A three-pronged approach is recommended that encompasses capacity building and improved transparency, a medium-term framework for fiscal policy, and increased use of independent fiscal expertise. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/210 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/210/002.2008.issue-210-en.xml IMF e-Library