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Which have been the consequences of the euro for integration and economic performance in the Baltic Sea region? After …: the Polish zloty depreciated in the critical moment of the crisis, while currency boards with the aim of joining the euro … in trade, and the share of the Eurozone in Baltic trade has stagnated. A comparison with other countries in the Baltic …
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Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former Soviet Union are now typically in the range of 10-60...
Persistent link: https://www.econbiz.de/10012782260
Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former Soviet Union are now typically in the range of 10-60...
Persistent link: https://www.econbiz.de/10014220017
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Foreign loans represent an attractive source of external financing for countries with relatively low domestic capital base while in developed economies it is considered to be a suitable form of investment for foreign investors in investment portfolio creation. As an additional source of capital...
Persistent link: https://www.econbiz.de/10009653263
The paper seeks to explain the inflationary dynamics in the Baltic countries since the mid-1990s. While single-equation estimations generally yield poor results, panel data estimations provide statistically and economically satisfactory findings. Our main result is that the observed gradual...
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