welcome a political union. EC countries cannot be separated from EFTA member countries, nor Europe from the rest of the world …. The two transitions are different in kind, and in some respects are opposed. While Western Europe is searching for more …

This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This … financial integration / Cesare Calari -- Financial globalization, corporate governance and Eastern Europe / René M. Stulz … -- Does the financial sector need Europe? / Gertrude Tumpel-Gugerell -- The Central and Eastern European financial sector …

This study examines the impact of various monetary policy regimes on the ability to lower inflation and exchange rate … policy framework of flexible targeting of relative inflation risk premium that is believed to be credible and useful for … managing these two categories of risk. A model of inflation and exchange rate risk premiums within the context of inflation …

eastern Europe, European Monetary Union and problems of economic convergence are some of the issues discussed in this volume … comparative perspective, covering Europe, Asia, Latin America and the US. Prudential supervision, banking issues and monetary …