The international organisations’ role in the macrostabilisation programmes
- A short presentation of the philosophy of the economic programmes agreed upon with IMF, which it is focused on the way to cover the current account deficit;
- Making resources available for covering the external deficits is achieved in the IMF programmes by contracting the internal absorption and the reduction in public deficits, given the fact that a 1% diminution of these allows for a reduction of the same scale in the external deficit;
- The structural problems complicate the economic dynamics and reduce the monetary policies’ efficiency, involving the adoption of certain measures that target the restructuring of the economies relative to the demand and supply of the domestic and the world markets;
- The assignment of the programmes and their achievement by the authorities are prerequisites for success, which the political sliding might threat.