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While both Turkey and Poland weathered the 2008/2009 crisis relatively well compared to other countries in Central … policy shock. Our Simulation results suggest that both Turkey and Poland exhibit pronounced short- to medium …-run macroeconomic responses to U.S. monetary policy shocks. The responses of Turkey tend to be somewhat stronger than those of Poland …
Persistent link: https://www.econbiz.de/10012993014
Despite the significant academic interest in the economic cohesion, the various aspects of convergence and the ways they can be measured still remain theoretically unclear. These are issues of extreme political significance, especially for countries aspiring for EU and euro area membership. The...
Persistent link: https://www.econbiz.de/10012650896
Nominal, real and structural convergence within the EU is a strong topic for the central banks and the European Central Bank. Joining the Economic and Monetary Union is a challenge for both acceding and participating economies. The convergence has a strong economic and political implications for...
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The paper calls for an immediate start on the Polish national development plan for the period beyond 2006. The plan must be fundamentally different from the current National development plan for 2004-2006. First of all, it must cover a longer time span and focus on domestic development...
Persistent link: https://www.econbiz.de/10009636914
The paper analyses the costs and benefits of Poland's membership in the European Union. It also analyses an alternative scenario, which assumes that Poland fails to join the European Union. The report presents two scenarios of the consequences (costs and benefits) of membership, taking into...
Persistent link: https://www.econbiz.de/10009636919