This book critically examines the progress made on macroeconomic stabilization and financial sector reform in the transition economies of Central and Eastern Europe. It relates microeconomic experiences to the broader macroeconomic context of reform, and emphasises that macro reform is...

We examine if the introduction of the euro had significant and different effects on the stock markets of euro-zone countries, non-euro EU and accession countries, and non-EU countries. We argue that the introduction of the euro was equivalent to a market reform rather than an event whose impact...