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aspects of economic transformation in the region. Convergence in macroeconomic fundamentals among the transition countries was …The paper provides an analysis of the convergence in selected macroeconomic fundamentals of several Central and East … convergence. This finding is in line with neoclassical growth theory, which supports the occurrence of convergence among similar …
Persistent link: https://www.econbiz.de/10008549896
Persistent link: https://www.econbiz.de/10008495728
applied for full membership in the European Union. The results support convergence in general, but indicate a wide disparity … in the degree of convergence. From the real exchange rate standpoint the paper identifies the best candidates to join the …
Persistent link: https://www.econbiz.de/10005062689
This paper analyzes performance of the transition economies in the Central and Eastern European (CEE) countries in … terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … tool. In general, we conclude that the transition CEE countries were not successful in achieving a certain degree of …
Persistent link: https://www.econbiz.de/10005124389
transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via …The paper provides an introduction to essays published in this volume, which focus on nominal and real convergence in … developments in real exchange rates. Key issues associated with real exchange rate developments in transition countries are defined …
Persistent link: https://www.econbiz.de/10008549861
The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various …, the economic convergence4 of the European states is yet not optimal and, additionally, alternative instruments do not yet …
Persistent link: https://www.econbiz.de/10011442518
This conference volume discusses the pros and cons of early integration into the European Union of Eastern transition …
Persistent link: https://www.econbiz.de/10011111758
The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various …, the economic convergence of the European states is yet not optimal and, additionally, alternative instruments do not yet …
Persistent link: https://www.econbiz.de/10013428212
Ireland's economic development since the late 1980s has been remarkable: From languishing at the bottom of the EU to one of the top spots in income capita. It is thus not strange that the Irish "miracle" has attracted much attention among the New Member States in Eastern Europe. Some...
Persistent link: https://www.econbiz.de/10009416182
The current destination of Central and Eastern European countries -- explicitly for some, implicitly for all -- is Brussels. One simple measure, not without theoretical justification, is physical distance. This paper's focus, however, lies more in the distance in time and economic space. The...
Persistent link: https://www.econbiz.de/10008545965