Danubius International Conferences, 5th International Conference The Danube - Axis of European Identity

Monetary and Fiscal Policy Interaction and the Relationship between the Central Bank and the Government (The Case of Republic of Moldova)

Corina Chironachi
Last modified: 2015-05-07

Abstract

In this paper the author is analyzing the impact of fiscal and monetary policies on the dynamics of the exchange rate, inflation and other macroeconomic variables.

The author investigates various forms of strategic interaction between the government and the central bank in designing and implementing these policies.

As a result, the author obtains qualitative and quantitative conclusions on the effectiveness of monetary and fiscal policy of the Republic of Moldova and provides some recommendations regarding the future policies.