THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS

The current pandemic crisis is a unique challenge, with several economic and social consequences experienced by the entire world. In order to prevent the spread of the coronavirus, the affected states have established a series of social distancing measures and even quarantine measures. They had huge...

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Autor principal:	Monica Ionelia MARGARIT
Formato:	article
Lenguaje:	EN
Publicado:	Publishing house of University of Pitesti, Romania 2020
Materias:	monetary policy monetary strategies pandemic crisis central and east europe. Economic theory. Demography HB1-3840
Acceso en línea:	https://doaj.org/article/1734068b355a4044859c4ae61c85e069
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spelling	oai:doaj.org-article:1734068b355a4044859c4ae61c85e0692021-11-04T18:15:52ZTHE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS1583-18092344-4908https://doaj.org/article/1734068b355a4044859c4ae61c85e0692020-12-01T00:00:00Zhttp://economic.upit.ro/RePEc/pdf/2020_3_14.pdfhttps://doaj.org/toc/1583-1809https://doaj.org/toc/2344-4908The current pandemic crisis is a unique challenge, with several economic and social consequences experienced by the entire world. In order to prevent the spread of the coronavirus, the affected states have established a series of social distancing measures and even quarantine measures. They had huge implications on the global economy. This paper focuses on the main monetary policy decisions taken by Central and East European banks in the current pandemic crisis. The response of economic policies to this crisis were remarkable. The CEE countries have implemented measures which aimed at four main objectives: honoring, first and foremost, the urgent needs of the health sector, supporting economic activity and employment, maintaining monetary and financial stability and paving the way for future recovery. We believe that central banks have responded quickly in the current crisis, in many cases, the decision being made long before the official measures have clarified the scale and seriousness of the crises.Monica Ionelia MARGARITPublishing house of University of Pitesti, Romaniaarticlemonetary policymonetary strategiespandemic crisiscentral and east europe.Economic theory. DemographyHB1-3840ENBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, Vol 19, Iss 3, Pp 111-116 (2020)
institution	DOAJ
collection	DOAJ
language	EN
topic	monetary policy monetary strategies pandemic crisis central and east europe. Economic theory. Demography HB1-3840
spellingShingle	monetary policy monetary strategies pandemic crisis central and east europe. Economic theory. Demography HB1-3840 Monica Ionelia MARGARIT THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
description	The current pandemic crisis is a unique challenge, with several economic and social consequences experienced by the entire world. In order to prevent the spread of the coronavirus, the affected states have established a series of social distancing measures and even quarantine measures. They had huge implications on the global economy. This paper focuses on the main monetary policy decisions taken by Central and East European banks in the current pandemic crisis. The response of economic policies to this crisis were remarkable. The CEE countries have implemented measures which aimed at four main objectives: honoring, first and foremost, the urgent needs of the health sector, supporting economic activity and employment, maintaining monetary and financial stability and paving the way for future recovery. We believe that central banks have responded quickly in the current crisis, in many cases, the decision being made long before the official measures have clarified the scale and seriousness of the crises.
format	article
author	Monica Ionelia MARGARIT
author_facet	Monica Ionelia MARGARIT
author_sort	Monica Ionelia MARGARIT
title	THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
title_short	THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
title_full	THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
title_fullStr	THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
title_full_unstemmed	THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS
title_sort	monetary policy of central and east european countries during the coronavirus crisis
publisher	Publishing house of University of Pitesti, Romania
publishDate	2020
url	https://doaj.org/article/1734068b355a4044859c4ae61c85e069
work_keys_str_mv	AT monicaioneliamargarit themonetarypolicyofcentralandeasteuropeancountriesduringthecoronaviruscrisis AT monicaioneliamargarit monetarypolicyofcentralandeasteuropeancountriesduringthecoronaviruscrisis
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THE MONETARY POLICY OF CENTRAL AND EAST EUROPEAN COUNTRIES DURING THE CORONAVIRUS CRISIS

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