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Opening remarks – the International 2023 ERMAS conference

· Mugur Isărescu, Governor of the National Bank of Romania (Romania)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, climate, energy and nature, public finances and debt

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· Mugur Isărescu Wiki · National Bank of Romania WikiOpening remarks – the International 2023 ERMAS conference

ContextWelcome address by Mugur Isărescu, Governor of the National Bank of Romania, at the ninth edition of the Annual Scientific Conference of the Romanian Academic Economists from Abroad, the 2023 ERMAS Conference, organised in partnership with the Bucharest University of Economic Studies, Babeș – Bolyai University Cluj-Napoca and ERMAS Association, Bucharest, 26 July 2023.

Why it mattersIsărescu encourages research on drivers of inflation.

Problems raised
  1. Inflation drivers include energy, supply chains and labour.
  2. Fiscal policy interacts with monetary policy.
  3. Research on these issues is needed.
Solutions proposed
  1. Support academic research on inflation.
  2. Bring Romanian economists abroad together.
  3. Use research to inform policy.
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