Monetary and exchange rate policy of transition economies of Central and Eastern Europe after the launch of EMU /

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Bibliographic Details
Author / Creator:Masson, Paul R., author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©1999.
Description:1 online resource (25 pages) : illustrations
Language:English
Series:IMF policy discussion paper ; PDP/99/5
IMF policy discussion paper ; PDP/99/5.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497582
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Other authors / contributors:International Monetary Fund. Research Department, issuing body.
ISBN:1455273929
9781455273928
9781451972641
1451972644
1455232726
9781455232727
1455213462
9781455213467
Notes:Includes bibliographical references (pages 23-25).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
Summary:Annotation 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.
Other form:Print version: Masson, Paul R. Monetary and exchange rate policy of transition economies of Central and Eastern Europe after the launch of EMU. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1999
Standard no.:10.5089/9781455273928.003