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Economic Policy Discussion

22 JULY 2026 | BUCHAREST

Inflation, Growth and Real Exchange Rates: Romania

An economic policy discussion featuring Professor Max Gillman, University of Missouri–St. Louis.

Professor Max Gillman

About the Event

On 22 July 2026, Consilium Policy Advisors Group (CPAG), in collaboration with the National Bank of Romania (NBR), organised a discussion featuring Professor Max Gillman, who visited Romania at CPAG's invitation.

Hosted at the National Bank of Romania, the event focused on inflation, economic growth and real exchange rate dynamics, examining their interconnections and implications for Romania's economic outlook and policymaking.

The discussion brought academic research closer to economic policy debates and enabled economists, researchers and professionals to exchange perspectives on Romania's macroeconomic challenges.

About the Speaker

Professor Max Gillman is the Friedrich A. Hayek Professor of Economic History at the University of Missouri–St. Louis and holds a PhD from the University of Chicago.

He previously held academic positions at Cardiff Business School and Central European University in Budapest, as well as research affiliations with the Hungarian Academy of Sciences and CERGE-EI in Prague.

His research focuses on monetary economics, inflation, business cycles, economic growth and human capital. His publications include The Spectre of Price Inflation (2023) and Advanced Modern Macroeconomics (2011). He also edited Collected Papers on Monetary Theory.