The paper focuses on the monetary transmission process in selected Central and Eastern European Economies assuming their future accession to the Euro Area. A sufficient degree of homogeneity between these countries and the Euro Area with respect to economic environment and the reaction to...

This paper examines persistent concerns that trade openness in South-East Europe is much less advanced than it was for the former CEECs in the mid to late 1990s. Using econometric tests, we find that trade patterns appear to remain problematic. Second, partial equilibrium simulations are used to...

This paper examines persistent concerns that trade openness in South-East Europe is much less advanced than it was for the former CEECs in the mid to late 1990s. Using econometric tests, we find that trade patterns appear to remain problematic. Second, partial equilibrium simulations are used to...