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

Masson, Paul R. - 1999

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...

Persistent link: https://www.econbiz.de/10014402593