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Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...
Persistent link: https://www.econbiz.de/10014398716
Slovak Federal Republic (Czechoslovakia) for membership in the IMF. The paper surveys the economic system that had developed …
Persistent link: https://www.econbiz.de/10014399300
Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success—employed diverse exchange rate regimes. As these countries approach EU accession, they will need to avoid the perils of too much or too little exchange rate variability when...
Persistent link: https://www.econbiz.de/10014402016
This Selected Issues paper evaluates competitiveness in Slovakia and estimates the equilibrium real exchange rate path … for the koruna. It takes stock of Slovakia’s growth performance over the past decade and assesses its growth potential … over the medium term. It estimates the equilibrium real exchange rate appreciation in Slovakia using cross-section and time …
Persistent link: https://www.econbiz.de/10014405401
The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the...
Persistent link: https://www.econbiz.de/10014405613
This 2004 Article IV Consultation highlights that Slovakia’s economic performance has improved since the 2003 Article …
Persistent link: https://www.econbiz.de/10014405768
This report on the Observance of Standards and Codes (ROSC)—data module—provides an assessment of the Slovak Republic’s macroeconomic statistics against the Special Data Dissemination Standard (SDDS), complemented by an assessment of data quality based on the IMF’s Data Quality...
Persistent link: https://www.econbiz.de/10014405975
Slovakia is now one of the fastest-growing EU accession countries. Despite the upswing, the Slovak economy remains … hampered by structural weaknesses and related macroeconomic imbalances. Over the medium term, IMF staff believes that Slovakia …
Persistent link: https://www.econbiz.de/10014406573
Republic tumbled in the first half of 2009 as a result of the global crisis. Slovakia’s banks have so far withstood the global …
Persistent link: https://www.econbiz.de/10014406669