This paper studies a particular aspect of the choice of exchange rate regime by EU candidate countries in the run-up to membership of European Economic and Monetary Union (EMU). The fact that these countries have adopted various exchange rate systems reflects a divergence of opinion on the...

The present paper analyses sectoral impacts of the CEE integration with EU. Adopting a partial equilibrium model we explicitly model the agricultural sector in CEE. The underlying partial equilibrium model is based on the duality theory. The model captures all key CAP instruments, such as price...