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Author:
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ISBN:
Category :
Languages : en
Pages : 50
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
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Book Description
Author: Vladimir Lavrač
Publisher:
ISBN:
Category :
Languages : en
Pages : 21
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Book Description
Author: S. Honkapohja
Publisher: Springer
ISBN: 0230236650
Category : Business & Economics
Languages : en
Pages : 510
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Book Description
This book examines existing problems in the European economy, focusing on labour markets, including labour market reform and outsourcing, as well as macroeconomic issues, such as macroeconomic stabilization in the Euro area and convergence and divergence in economic growth in the EU.
Author: B. Ardy
Publisher: Springer
ISBN: 0230554741
Category : Business & Economics
Languages : en
Pages : 363
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Book Description
This book provides an original and wide-ranging analysis of the impact of Economic and Monetary Union (EMU) on economic governance in the EU and in several key Member States within and outside the Euro area. Its emphasis is on adaptation: how EMU encourages change in national and EU institutions and in national economic regimes. It brings together economic, political science and legal perspectives to explain how national economies adapted, the dynamics of policy-making and the complex web of laws, processes and actors in the EMU.
Author: Jörg Rahn
Publisher: Peter Lang Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
The upcoming enlargement of the European Monetary Union involves the selection of appropriate reference rates at which the exchange rates of the accession countries will be fixed against the euro in order to avoid economic distortions as consequences of serious exchange rate misalignments. Determination of an exchange rate that is neither undervalued nor overvalued raises the issue of equilibrium exchange rates. Based on time series as well as panel estimation techniques three different concepts - BEER, PEER and PPP - are applied in this study to calculate equilibrium exchange rate levels for ten Central and Eastern European countries. The results indicate significant real misalignments in a number of accession countries.
Author: European Commission. Directorate-General for Economic and Financial Affairs
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 206
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Book Description
This Enlargement Paper brings together into a single document the Directorate General for Economic and Financial Affairs evaluations of the third Pre-Accession Economic Programmes (PEPs) of the acceding and candidate countries. One of the economic priorities of the 1999 and 2000 Accession Partnerships was the establishment of an annual fiscal surveillance for the candidate countries. This gave birth to the so-called Pre-Accession Fiscal Surveillance Procedure, which aims at preparing countries for the participation in the multilateral surveillance and economic policy co-ordination procedures currently in place in the EU as part of the Economic and Monetary Union. The Pre-Accession Economic Programmes (PEPs) are part of this procedure.
Author: Joseph E.J.K Plasmans
Publisher: Springer Science & Business Media
ISBN: 0387279318
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.
Author: Ms.Susan Schadler
Publisher: International Monetary Fund
ISBN: 9781589063709
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
Eight central and eastern European countries--the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovak Republic, and Slovenia--officially joined the European Union (EU) in May 2004. This auspicious milestone marked the beginning of the next major step for these countries in their move toward full integration with the EU-adoption of the euro. Seeking to consider the opportunities and challenges of euro adoption, the papers in this volume--by a noted group of country officials, academics, representatives of international institutions, and market participants-offer insight on the various dimensions of euro adoption in these eight new EU members--how they should prepare, whether an early move is optimal, and what pitfalls may occur along the way.
Author: Mr.Luis Ignacio Jácome
Publisher: International Monetary Fund
ISBN: 1455200654
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
This paper identifies key aspects that countries willing to officially dollarize must necessarily address. Based on country experiences, it discusses the critical institutional bases that are necessary to unilaterally introduce a new legal tender, describes the relevant operational issues to smooth the transition toward the use of the new currency, and identifies key structural reforms that are necessary to favor the sustainability over time of this monetary regime. The paper is aimed at providing preliminary guidance to policy makers and practitioners adopting official dollarization. The paper does not take a position on how appropriate this monetary arrangement is. Experiences from adopting dollarization in Ecuador, El Salvador, Kosovo, Montenegro, and Timor-Leste are illustrated briefly.
Author: Michael Artis
Publisher: Cambridge University Press
ISBN: 1139452525
Category : Business & Economics
Languages : en
Pages : 379
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Book Description
The accession of ten new members to the European Union on May 1st 2004 was among the most significant developments in the history of European integration. Based upon studies conducted by the European Forecasting Network, this 2006 book analysed key aspects of the impact of this enlargement with reference to eight of the ten new Member States, namely the Central and Eastern European countries (CEECs). It demonstrated that the enlargement had the potential to create profound consequences for both the new Member States and the pre-accession members of the Union, given the unparalleled magnitude of the enlargement, the fact that the CEECs had levels of prosperity and economic development well below the Union average, and their history of participation in centrally planned regimes. The contributions examined regional policy, the debate about accession to the EMU, the macroeconomic trajectories of the Central and Eastern European economies and their likely development.
