transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via … developments in real exchange rates. Key issues associated with real exchange rate developments in transition countries are defined … data since the outset of transition, though it has slowed in the past two years. Now it appears that the most economically …

late-transition economies to be better prepared for a common currency with Germany than several current euro area members. …

transition. Emphasis is given to a hypothetical evaluation of the exchange rate criterion. We review the exchange rate strategies … of transition countries using an analytical framework similar to the EU member states, and discuss the selected … experience of EU-15 countries, we summarize the main determinants of exchange rate movement in transition countries. Finally, we …

stabilizing Czech inflation during the two-years transition period before accession to the Euro-zone, when price convergence …

This article provides a general account of the Polish transition from socialist central planning to a market economy … and tries to explicate the main causes of the relative success of this transition. The second section offers an overview … section identifies the relative merits of the Polish economic transition. Five facets of success are cited: the ?shock therapy …

The author highlights the striking difference between the economic transition of the Czech Republic and Hungary. These …