Lecturer Mădălina Gabriela ANGHEL PhD.
“Artifex” University of Bucharest
Abstract
The forecasted target of this article was to achieve an analysis on the role, structure and evolution of the monetary mass as well as on the outcomes recorded by the main monetary indicators in Romania, after the adhesion to the European Union. The changes occurring as a consequence of the decisions taken by the monetary authorities from our country, in the context of the integration within the EU as from January 1st, 2007, as to defining, structuring and setting up the monetary aggregates according to the Methodology of the European Central Bank and the classification of the financial instruments by institutional sectors ESA 95 (the European Accounts System) have generated influences between both the components of the monetary aggregates and their counterparties. Meantime, as from this date on, it was necessary to harmonize the monetary indicators with those being utilized by the monetary practice of the other member countries.
Keywords: monetary mass, monetary aggregates, structuring indicators, the currency speed of circulation, the monetary basis
