Romania’s Mugur Isarescu on independence in a ‘post-truth’ world
Veteran governor speaks about country’s shift to market economy, the euro, mandate-drift and independence
What were the circumstances that resulted in you becoming governor of the National Bank of Romania?
After graduating from the [Bucharest] Academy of Economics Studies in 1971, I worked as a researcher at the World Economy Research Institute, where international relations and the developments in the western world were studied. My primary focus was to study foreign trade as well as monetary and financial relations, especially developments in the US and western Europe.
Back in the 1970s, Romania
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