Radu Craciun

The yield curve plots the returns on government bonds by maturity, starting from the shortest and going up to the longest ones. The chart is closely watched as it can provide interesting indicators about the investors’ perception of future economic trends. Usually, the yield curve slopes upward. Short maturities come with lower yields and, as […]

Measuring inflation by keeping an eye on a basket of goods and services is not infallible. And that is not only due to the one-year delay in updating the consumer basket`s contents or because the contents vary with the population group. There are plenty other sources of distorting the real value of inflation. A frequent […]

I spent quite a while hesitating between two title versions. The other version would have asked „Is Romania a torn country?”. The “torn country” concept was coined by Samuel P. Huntington in his celebrated book The Clash of Civilizations, where he explained that with the ideological fault lines feeding the cold war gone, conflicts will […]