Introduction: South-South cooperation: Africa on the centre stage / Renu Modi -- Part I. The concept, history and moving forward -- Part II. Economic dimensions of South-South cooperation -- Part III. Socio-political context of South-South cooperation

This paper analyzes the impact of the exchange rate regime on inflation and output in (South) Eastern and Central Europe. The panel estimations for the period between 1994 and 2004 show that de facto measures of exchange rate stability have a better explanatory power than the de jure measures in...