01691cas a2200241 a 4500 AALejournalIMF016783 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475555370 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Romania : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (62 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 discusses the following important issues related to the Romanian economy: inflation and inflation expectations, the need to bolster expenditure efficiency, minimum wage policy, and financial sector development. Headline inflation has decreased markedly in Romania in recent years. Key factors in this trend were oil and food price developments and, in particular, the recent reduction in the VAT rate. Romania has undertaken a strong fiscal consolidation since 2010, which reduced expenditure to among the lowest in the region. Minimum wages in Romania have risen sharply, which could directly affect wage distribution and improve income inequality. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/114 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/114/002.2016.issue-114-en.xml IMF e-Library