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Mugur Isărescu
Constantin Mugur Isărescu (; born 1 August 1949) is the Governor of the National Bank of Romania, a position he has been holding since September 1990, with the sole exception of a period of time of eleven months (16 November 1999 to 28 October 2000), during which he served as Prime Minister of Romania. In addition, he is also a member of the Romanian Academy. Early life Isărescu was born in Drăgășani, Vâlcea County, Romania. His father was a school teacher who, after the establishment of the Romanian People's Republic, studied at the Academy of Economic Studies in Bucharest (ASE), worked as a bank executive during the 1950s, and then was a professor of accounting for 20 years. Isărescu studied international trade at the Academy of Economic Studies in Bucharest, which he graduated in 1971, and where he was an assistant professor between 1975 and 1989. In 1989, Isărescu defended his Ph.D. thesis on exchange rate policies under the supervision of Costin Kirițescu. For 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of Romania
The prime minister of Romania ( ro, Prim-ministrul României), officially the prime minister of the Government of Romania ( ro, Prim-ministrul Guvernului României, link=no), is the head of the Government of Romania. Initially, the office was styled ''President of the Council of Ministers'' ( ro, Președintele Consiliului de Miniștri, link=no), when the term "Government" included more than the Cabinet, and the Cabinet was called the ''Council of Ministers'' ( ro, Consiliul de Miniștri). The title was officially changed to ''Prime Minister'' by the 1965 Constitution of Romania during the communist regime. The current prime minister is Nicolae Ciucă of the National Liberal Party (PNL), who has been serving since November 2021 onwards as the head of government of the National Coalition for Romania (CNR). Nomination One of the roles of the president of the republic is to designate a candidate for the office of prime minister. The president must consult with the party that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adevărul
''Adevărul'' (; meaning "The Truth", formerly spelled ''Adevĕrul'') is a Romanian daily newspaper, based in Bucharest. Founded in Iași, in 1871, and reestablished in 1888, in Bucharest, it was the main left-wing press venue to be published during the Romanian Kingdom's existence, adopting an independent pro-democratic position, advocating land reform, and demanding universal suffrage. Under its successive editors Alexandru Beldiman and Constantin Mille, it became noted for its virulent criticism of King Carol I. This stance developed into a republican and socialist agenda, which made ''Adevărul'' clash with the Kingdom's authorities on several occasions. As innovative publications which set up several local and international records during the early 20th century, ''Adevărul'' and its sister daily ''Dimineața'' competed for the top position with the right-wing ''Universul'' before and throughout the interwar period. In 1920, ''Adevărul'' also began publishing its prestigi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign-exchange Reserves
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leavi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five major unincorporated territories, nine United States Minor Outlying Islands, Minor Outlying Islands, and 326 Indian reservations. The United States is also in Compact of Free Association, free association with three Oceania, Pacific Island Sovereign state, sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Palau, Republic of Palau. It is the world's List of countries and dependencies by area, third-largest country by both land and total area. It shares land borders Canada–United States border, with Canada to its north and Mexico–United States border, with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the List of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romanian Revolution
The Romanian Revolution ( ro, Revoluția Română), also known as the Christmas Revolution ( ro, Revoluția de Crăciun), was a period of violent civil unrest in Romania during December 1989 as a part of the Revolutions of 1989 that occurred in several countries around the world. The Romanian Revolution started in the city of Timișoara and soon spread throughout the country, ultimately culminating in the drumhead trial and execution of longtime Romanian Communist Party (PCR) General Secretary Nicolae Ceaușescu and his wife Elena Ceaușescu, Elena, and the end of 42 years of Communist rule in Romania. It was also the last removal of a Marxist–Leninist government in a Warsaw Pact country during the events of 1989, and the only one that violently overthrew a country's leadership and executed its leader; according to estimates, over one thousand people died and thousands more were injured. Following World War II, Romania was placed under the Soviet Empire, Soviet sphere of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitate
The Securitate (, Romanian for ''security'') was the popular term for the Departamentul Securității Statului (Department of State Security), the secret police agency of the Socialist Republic of Romania. Previously, before the communist regime, Romanian secret police was called Siguranța Statului. It was founded on 30 August 1948, with help and direction from the Soviet MGB. Following the overthrow of Nicolae Ceaușescu in 1989, the new authorities assigned the various intelligence tasks of the DSS to new institutions. The Securitate was, in proportion to Romania's population, one of the largest secret police forces in the Eastern bloc. The first budget of the Securitate in 1948 stipulated a number of 4,641 positions, of which 3,549 were filled by February 1949: 64% were workers, 4% peasants, 28% clerks, 2% persons of unspecified origin, and 2% intellectuals. By 1951, the Securitate's staff had increased fivefold, while in January 1956, the Securitate had 25,468 employees. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of International Economics
An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute" (see Institute of Technology). In some countries, such as South Korea and India, private schools are sometimes referred to as institutes, and in Spain, secondary schools are referred to as institutes. Historically, in some countries institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from a Latin word ''institutum'' meaning "facility" or "habit"; from ''instituere'' meaning "build", "create", "raise" or "educate". ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Costin Kirițescu
Costin is both a Romanian and English surname and a given name. Notable people with the name include: Surname: * Alexandru Costin (born 1991), Moldovan footballer *Brandon Costin, Australian rugby league player *Darren Costin (born 1966), English musician *Doug Costin (born 1997), American football player *Frank Costin (1920–1995), British automotive engineer *Gheorghe Costin (born 1955), Romanian conductor and composer * Henry Gilbert Costin (1898–1918), United States Army soldier and Medal of Honor recipient * Ion Costin (1887–1940), Moldovan politician *Jamie Costin (born 1977), Irish racewalker *Mike Costin, British automotive engineer *Miron Costin (1633–1691), Moldavian chronicler *Nicolae Costin (1936–1995), Moldovan politician *Nicolae Costin (chronicler) (1660–1712), Moldavian chronicler *Raul Costin (born 1985), Romanian footballer * Robert Costin, British classical organist, teacher and conductor *Sergiu Costin (born 1978), Romanian footballer * Thomas P. Costi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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