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Financial markets and exchange-rate regimes in transition to EMU

Kimakova, Alena - In: Intereconomics : review of European economic policy 44 (2009) 3, pp. 142-148

This paper highlights that the EMU transition process itself can pose challenges to individual accession countries and draws policy implications for ERM II. Differences in financial market development and international liabilities underscore the risks and benefits of ERM II, and may lead to...

Persistent link: https://www.econbiz.de/10009626642