Buiter, Willem H.; Grafe, Clemens - In: EIB papers 7 (2002) 2, pp. 51-71
This paper investigates the appropriate exchange rate regimes, both prior to and following European Union accession … membership in the European Union (1). The exchange rate regime is a key determinant of a country's macroeconomic stability, which … is in turn a key determinant of the investment climate. The choice of exchange rate regime is therefore of great …