Verfügbarkeit: Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU

Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU:

The more advanced Central and Eastern European Countries (CEECs) face an evolving set of considerations in choosing their exchange rate policies. On the one hand, capital mobility is increasing, and this imposes additional constraints on fixed exchange rate regimes, while trend real appreciation mak...

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1. Verfasser:	Masson, Paul R. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1999
Schriftenreihe:	IMF Policy Discussion Papers Policy Discussion Paper No. 99/5
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	The more advanced Central and Eastern European Countries (CEECs) face an evolving set of considerations in choosing their exchange rate policies. On the one hand, capital mobility is increasing, and this imposes additional constraints on fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate stability problematic. On the other hand, the objectives of EU and eventual EMU membership make attractive a peg to the euro at some stage in the transition. The paper discusses these conflicting considerations, and considers the feasibility of an alternative monetary framework, inflation targeting
Beschreibung:	1 Online-Ressource (26 p)
ISBN:	1451972644 9781451972641

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spelling	Masson, Paul R. Verfasser aut Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU Masson, Paul R Washington, D.C International Monetary Fund 1999 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Policy Discussion Papers Policy Discussion Paper No. 99/5 The more advanced Central and Eastern European Countries (CEECs) face an evolving set of considerations in choosing their exchange rate policies. On the one hand, capital mobility is increasing, and this imposes additional constraints on fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate stability problematic. On the other hand, the objectives of EU and eventual EMU membership make attractive a peg to the euro at some stage in the transition. The paper discusses these conflicting considerations, and considers the feasibility of an alternative monetary framework, inflation targeting Online-Ausg http://elibrary.imf.org/view/IMF003/04673-9781451972641/04673-9781451972641/04673-9781451972641.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Masson, Paul R. Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title_auth	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title_exact_search	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title_exact_search_txtP	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title_full	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU Masson, Paul R
title_fullStr	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU Masson, Paul R
title_full_unstemmed	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU Masson, Paul R
title_short	Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU
title_sort	monetary and exchange rate policy of transition economies of central and eastern europe after the launch of emu
url	http://elibrary.imf.org/view/IMF003/04673-9781451972641/04673-9781451972641/04673-9781451972641.xml
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