Back Matter

Back Matter

International Monetary Fund
Published Date:
April 2005
    • ShareShare
    Show Summary Details

      AarleB.H.Garretsen and N.Gobbin2001“Monetary and Fiscal Policy Transmission in the Euro Area: Evidence from a Structural VAR Analysis,”paper presented at a Vienna Institute for International Economic Studies SeminarViennaJanuary.

      AbiadAbdul and AshokaMody2003Financial Reform: What Shakes It? What Shapes It?IMF Working Paper 03/70 (Washington: International Monetary Fund).

      AitkenB.1999“Ireland and the Euro: Productivity Growth, Inflation, and the Real Exchange Rate,”IMF Staff Country Report 99/108 (Washington: International Monetary Fund).

      AlesinaA. and R.Perotti1997Fiscal Adjustment in OECD Countries: Composition and Macroeconomic Effects,IMF Working Paper 96/70 (Washington: International Monetary Fund).

      AlesinaA. and S.Ardagna1998Tales of Fiscal Adjustment,Economic Policy: A European Forum Vol. 27 (October) pp. 487546.

      AlesinaA.R.Perotti and J.Tavares1998“The Political Economy of Fiscal Adjustments,”Brookings Papers on Economic Activity 1: Brookings Institution pp. 197248.

      AndertonR.R.Baldwin and D.Taglioni2003The Impact of Monetary Union on Trade Prices,Working Paper 238 (Frankfurt: European Central BankJune). Available via the Internet:

      ArellanoM. and S.Bond1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,Review of Economic Studies Vol. 58 pp. 27797.

      ArgyV. and P.Kouri1974“Sterilization and the Volatility in International Reserves,”in National Monetary Policies and the International Financial Systemed. byRobert Z.Aliber (Chicago: University of Chicago Press).

      ArtisM. J.1991“One Market, One Money: An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union,”Open Economies Review No. 2 pp. 31521.

      ArtisM. J.1993“Shocking Aspects of European Monetary Integration,”in Adjustment and Growth in the European Monetary Unioned. byF.Torres and F.Giavazzi (New York: Cambridge University Press).

      ArtisM. J.1997On Identifying the Core of EMU: An Exploration of Some Empirical Criteria,CEPR Discussion Paper 1689 (London: Centre for Economic Policy Research).

      ArtisM. J.1998Membership of EMU: A Fuzzy Clustering Analysis of Alternative Criteria,EUI Working Paper RSC 98/52 (Florence: European University Institute).

      ArtisM. J.2002Reflections on the Optimal Currency Area (OCA) Criteria in the Light of EMU,ONB Working Paper 69 (Vienna: Oesterreichische NationalbankJuly).

      ArtisM. J. and M.Ehrmann2000The Exchange Rate: A Shock-Absorber or Source of Shocks? A Study of Four Open Economies,CEPR Discussion Paper 2550 (London: Centre for Economic Policy Research).

      ArtisM. J. and W.Zhang1998Core and Periphery in EMU: A Cluster Analysis,EUI Working Papers RSC 98/37 (Florence: European University Institute).

      ArtisM. J.2002a“Analysis of European and U.K. Business Cycles and Shocks” (London: HM Treasury).

      ArtisM. J.2002bMembership of EMU: A Fuzzy Clustering Analysis of Alternative Criteria,Journal of Economic Integration Vol. 17 No. 1 pp. 5479.

      BacchettaP. and E.van Wincoop2000Does Exchange-Rate Stability Increase Trade and Welfare?American Economic Review Vol. 90 No. 5 pp. 10931109.

      BaltagiB. H.2001Econometric Analysis of Panel Data (Chichester, United Kingdom, and New York: Wiley).

      BarthJ.G.Caprio and R.Levine2004“Bank Regulation and Supervision: What Works Best?”Journal of Financial Intermediation.

      BayoumiT. and B.Eichengreen1996Operationalising the Theory of Optimal Currency Areas,CEPR Discussion Paper 1484 (London: Centre for Economic Policy Research).

      BayoumiT.1997Ever Closer to Heaven? An Optimum-Currency-Area Index for European Countries,European Economic Review Vol. 41 pp. 76170.

      BeggD. andothers2003Sustainable Regimes of Capital Movements in Accession Countries,CEPR Discussion Paper 10 (London: Centre for Economic Policy Research).

      BellJ. and D.Pain2000Leading Indicator Models of Banking Crises: A Critical Review,Financial Stability Review (London: Bank of England) December (Issue 9) Article 3 pp. 1329.

      BevanA. A.S.Estrin and H.Grabbe2001“The Impact of EU Accession Prospects on FDI Inflows to Central and Eastern Europe,” ESRC “One Europe or Several?”Programme Policy Paper 06/01 (Brighton, United Kingdom: University of Sussex).

      BlanchardO. J. and D.Quah1989The Dynamic Effects of Aggregate Demand and Supply Disturbances,American Economic Review Vol. 79 No. 4 pp. 65573.

      BlanchardO. J. and F.Giavazzi2002Current Account Deficits in the Euro Area: The End of the Feldstein-Horioka Puzzle?Working Paper 03–05 (Cambridge, Massachusetts: MIT, Department of Economics, September).

      BlanchflowerD. G. and A. J.Oswald1994The Wage Curve (Cambridge, Massachusetts: MIT Press).

      BofingerP. and H.Flassbeck“The European Monetary System (1979–88): Achievements, Flaws and Applicability to Other Regions of the World” (unpublished).

      BordignonM.1999“Problems of Soft Budget Constraints in Intergovernmental Relationships: The Case of Italy” (Università Cattolica del Sacro Cuore).

      BoreikoD.2002EMU and Accession Countries: Fuzzy Cluster Analysis of Membership,Oesterreichische Nationalbank Working Paper 71 (Vienna: Oesterreichische Nationalbank).

      BorghijsA. and L.Kuijs2004Exchange Rates in Central Europe: A Blessing or a Curse?IMF Working Paper 04/2 (Washington: International Monetary Fund).

      BorioC.C.Furfine and P.Lowe2001“Procyclicality of the Financial System and Financial Stability: Issues and Policy Options,”BIS Papers No. 1 (Basel: Bank for International SettlementsJuly).

      BorioC. and P.Lowe2002Asset Prices, Financial and Monetary Stability: Exploring the Nexus,BIS Working Papers No. 114 (Basel: Bank for International SettlementsJuly).

      BorowskiJ.2003“Potential Benefits of EMU Accession,”in Focus on Transition (Vienna: Oesterreichische Nationalbank).

      BoyerM.1994“Application of the Maastricht Treaty and the Experience of a Year of Crisis in the European Monetary System,”in 30 Years of European Monetary Integration from the Werner Plan to EMUed. byAlfredSteinher (Boston: Addison Wesley).

      BrodaC. and J.Romalis2003“Identifying the Effect of Exchange Rate Volatility on Trade” (New York: Federal Reserve Bank of New York).

      BrunilaA.M.Buti and ‘t Veld2002“Fiscal Policy in Europe: How Effective Are Automatic Stabilizers?”European Economy (European CommissionSeptember).

      BubulaA. and I.Otker-Robe2003Are Pegged Exchange Rate Regimes More Crisis Prone?IMF Working Paper 03/223 (Washington: International Monetary Fund).

      BuiterW.1995Macroeconomic Policy During a Transition to Monetary Union,CEPR Discussion Paper 1222 (London: Centre for Economic Policy Research).

      BuiterW.1997Aspects of Fiscal Performance in Some Transition Economies Under Fund-Supported Programs,IMF Working Paper 97/31 (Washington: International Monetary Fund).

      BuiterW.2000Optimal Currency Areas: Why Does the Exchange Rate Regime Matter?Scottish Journal of Political Economy Vol. 47 No. 3 (August) pp. 21350.

      BuiterW. and C.Grafe2002Anchor, Float or Abandon Ship: Exchange Rate Regimes for the Accession Countries,Quarterly Review Banca Nazionale del Lavoro Vol. 55 No. 221 pp. 11142.

      BuiterW.G.Corsetti and P. A.Pesenti1998aFinancial Markets and European Monetary Cooperation: The Lessons of the 1992–93 Exchange Rate Mechanism Crisis (New York: Cambridge University Press).

      BuiterW.1998b“Interpreting the ERM Crisis: Country-Specific and Systemic Issues,”Princeton Studies in International Finance No. 84 (Princeton, New Jersey: Princeton University).

      BunM. and F.Klaassen2002Has the Euro Increased Trade?Tinbergen Institute Discussion Paper 02–108/02 (Amsterdam).

      CalmforsL.2003“Nominal Wage Flexibility and Fiscal Policy: How Much Can They Reduce Macroeconomic Variability in the EMU?” (London: HM Treasury).

      CalmforsL. and J.Driffill1987“Centralization of Wage Bargaining and Macroeconomic Performance,”Seminar Paper 402 (Stockholm: University of Stockholm Institute for International Economic Studies).

      CalmforsL.1988Bargaining Structure, Corporatism and Macroeconomic Performance,Economic Policy Vol. 6 pp. 1461.

      CalmforsL. and A.Johansson2002Nominal Wage Flexibility, Wage Indexation and Monetary Union,CES Working Paper 761 (Munich: Center for Economic Studies and the IFO Institute for Economic Research).

      Calmfors andothers1997“EMU-A Swedish Perspective,”Kluwer Academic Publisher.

      CalvoG. and F.Mishkin2003The Mirage of Exchange Rate Regimes for Emerging Market Countries,NBER Working Paper 9808 (Cambridge, Massachusetts: National Bureau of Economic Research).

      CalzaA.C.Gartner and J.Sousa2003Modeling the Demand for Loans to the Private Sector in the Euro Area,Applied Economics Vol. 35 pp. 10717.

      Canales-KriljenkoJ. I.R.Guimaraes and C.Karacadag2003Official Intervention in the Foreign Exchange Market: Elements of Best Practice,IMF Working Paper 03/152 (Washington: International Monetary Fund).

      CanzoneriM. B. andothers1996Do Exchange Rates Move to Address International Macroeconomic Imbalances?CEPR Discussion Paper 1498 (London: Centre for Economic Policy Research).

      Ca’ZorziM. and R. A.De Santis2003The Admission of Accession Countries to an Enlarged Monetary Union: A Tentative Assessment,Working Paper 216 (Frankfurt: European Central Bank, February).

      CespedesL. and A.Hoffmeister2003“Fiscal Policy and Macroeconomic Volatility in Spain: An Empirical Assessment,”in Spain: Selected Issues IMF Country Report 03/41 (Washington: International Monetary Fund).

      CiprianiM.2000“The Balassa-Samuelson Effect in Transition Economies” (unpublished: Washington: International Monetary Fund).

      ClaridaR. and J.Gali1994“Sources of Real Exchange Rate Fluctuations: How Important Are Nominal Shocks?”Carnegie-Rochester Conference Series on Public Policy 41 pp. 156.

      ClarkPeter andothers2003“Exchange Rate Volatility and Trade Flows: Some New Evidence,”paper presented for the World Trade Organization (unpublished; Washington: Research Department, IMFOctober).

      CorkerR. andothers2000Exchange Rate Regimes in Selected Advanced Transition Economies: Coping with Transition, Capital Inflows, and EU Accession,IMF Policy Discussion Paper 00/3 (Washington: International Monetary FundApril).

      CorricelliF. and B.Jazbec2002Exchange Rate Arrangements in the Accession to the EMU,in Monetary Policy and Currency Substitution in the Emerging Markets Eighth Dubrovnic Economic Conference Comparative Economic Studies Vol. 45 (September) pp. 213436.

      CorricelliF. and V.Ercolani2003Cyclical and Structural Deficits on the Road to Accession: Fiscal Rules for an Enlarged European Union,CEPR Discussion Paper 3672 (London: Centre for Economic Policy Research).

      CottarelliC.G. and Dell’AricciaI.Vladkova-Hollar2003Early Birds, Late Risers, and Sleeping Beauties: Bank Credit Growth to the Private Sector in Central and Eastern Europe and in the Balkans,IMF Working Paper 03/213 (Washington: International Monetary Fund).

      CrowleyS.2002Explaining Labor Quiescence in Post-Communist Europe: Historical Legacies and Comparative Perspective,Working Paper No. 55 (Cambridge, Massachusetts: Harvard University, Center for European Studies—Central and Eastern Europe).

      CurrieD.1997“The Pros and Cons of EMU” (London: Economist Intelligence Unit).

      DaviesG. and D.Vines1995Equilibrium Currency Crisis,CEPR Discussion Paper 1239 (London: Centre for Economic Policy Research).

      De BroeckM. and T.Sløk2001Interpreting Real Exchange Rate Movements in Transition Countries,IMF Working Paper 01/56 (Washington: International Monetary Fund).

      De LisS. F.J. M.Pages and J.Saurina2000“Credit Growth, Problem Loans and Credit Risk Provisioning in Spain,”paper presented at the Bank for International Settlements Autumn Central Bank Economists’ Meeting Banco de España MadridOctober.

      Dell’AricciaGiovanni1998Exchange Rate Fluctuations and Trade Flows: Evidence from the European Union,IMF Working Paper 98/107 (Washington: International Monetary Fund).

      Demirguc-KuntA. and E.Detragiache1998The Determinants of Banking Crises in Developing and Developed Countries,Staff PapersInternational Monetary Fund Vol. 45 No. 1 pp. 81109.

      De NardisS. and C.Vicarelli2003The Impact of the Euro on Trade: The (Early) Effect Is Not So Large,ENEPRI Working Paper 017 (Brussels: European Network of Economic Policy Research Institutes).

      Denmark Ministry of Finance2000“The Danish Economy 2000: Medium-Term Economic Survey” (Copenhagen: Danish Finansministeriet).

      DetragiacheE. and A. J.Hamann1997Exchange Rate-Based Stabilization in Western Europe: Greece, Ireland, Italy, and Portugal,IMF Working Paper 97/75 (Washington: International Monetary Fund).

      DevereuxM. and C.Engel2002Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect,NBER Working Paper 8858 (Cambridge, Massachusetts: National Bureau of Economic Research).

      DiboogluS. and A.Kutan2001Sources of Real and Nominal Exchange Rate Fluctuations in Transition Economies: The Case of Poland and Hungary,Journal of Comparative Economics Vol. 29 pp. 25775.

      DomacI. and A.Mendoza2003“Is There Room for Forex Intervention Under an Inflation Targeting Framework? Evidence from Mexico and Turkey” (unpublished).

      DrummondP. and A. M.Mansoor2002Macroeconomic Management and the Devolution of Fiscal Powers,IMF Working Paper 02/76 (Washington: International Monetary Fund).

      EdisonH. J.1993“The Effectiveness of Central Bank Intervention: A Survey of the Literature After 1982,”Special Papers in International Economics No. 18 (Princeton, New Jersey: Princeton University).

      EichengreenB.2001The EMS Crisis in Retrospect,CEPR Discussion Paper 2704 (London: Centre for Economic Policy Research).

      EichengreenB.ArtetaC.2000Banking Crises in Emerging Markets: Presumptions and Evidence,Working Paper COO-115 (Berkeley, California: University of California, Center for International and Development Economics Research).

      EndersW. and B.Lee1997Accounting for Real and Nominal Exchange Rate Movements in the Post-Bretton Woods Period,Journal of International Money and Finance Vol. 16 No. 2 pp. 22354.

      EngelC.2002The Responsiveness of Consumer Prices to Exchange Rates and the Implications for Exchange-Rate Policy: A Survey of a Few Recent New Open-Economy Macro Models,NBER Working Paper 8725 (Cambridge, Massachusetts: National Bureau of Economic Research).

      EstevaoM.2003Structural and Cyclical Labor Market Changes in Poland,in Republic of Poland: Selected Issues IMF Country Report 03/188 (Washington: International Monetary Fund).

      European Central Bank1998“Agreement of September 1, 1998 Between the European Central Bank and the National Central Banks of the Member States Outside the Euro Area Laying Down the Operating Procedures for an Exchange Rate Mechanism in Stage Three of Economic and Monetary Union,”as published in Official Journal of the European Communities (98/C 345/05).

      European Central Bank1999Monthly Report (Frankfurt, various issues).

      European Central Bank2000Convergence Report (Frankfurt).

      European Central Bank2003a“Inflation Differentials in the Euro Area: Potential Causes and Policy Implications” (FrankfurtSeptember).

      European Central Bank2003b“Policy of the Governing Council of the European Central Bank on Exchange Rate Issues Relating to the Acceding Countries.”

      European Central Bank2003c“The Acceding Countries’ Strategies towards ERM II and the Adoption of the Euro: An Analytical Review” (FrankfurtMay).

      European Central Bank2003d“Policy Position of the Governing Council of the European Central Bank on Exchange Rate Issues Relating to the Acceding Countries,”December182003.

      European Commission1990“One Market, One Money,”European Economy No. 44 (October).

      European Commission1997aEconomic Paper No. 124 (Brussels).

      European Commission1997b“Resolution on the Establishment of an Exchange Rate Mechanism in the Third Stage of Economic and Monetary Union,”June161997(97/c 236/03).

      European Commission1998Convergence Report (Brussels).

      European Commission1999“The Competitiveness of European Industry” (Brussels).

      European Commission2000Convergence Report (BrusselsMay).

      European Commission2002a“The EU Economy” (Brussels).

      European Commission2002b“Public Finances in EMU,” No. 6 (Brussels).

      European Commission2002c“Real and Nominal Convergence in the Transition Accession Countries: Selected Issues,”European Economy No. 6 pp. 21371.

      European Commission2003“Second Progress Report on Economic and Social Cohesion,”Communication from the Commission COM 34 (final) (Brussels).

      European Commission International Monetary Fund Organization for Economic Cooperation and Development United Nations World Bank1993. System of National Accounts 1993 (Brussels/Luxembourg, New York, Paris, and Washington).

      ECOFIN Council2000“Exchange Rate Strategies for Accession Countries,”Council Meeting of November 7 2000 Press Release 12925/00.

      European CouncilResolution on the “Establishment of an Exchange Rate Mechanism in the Third Stage of Economic and Monetary Union,”June 16 1997 (97/c 236/03).

      European Monetary Institute1998Convergence Report (BrusselsMarch).

      Eurostat1996European System of Accounts: ESA 1995 (Luxembourg: Office for Official Publications of the European Communities).

      EverittB.2001Cluster Analysis (New York: Oxford University Press).

      FaruqeeH.2000“Exchange Rate Strategies for Accession Countries,”Council Meeting November 7 Press Release 12925/00 (Brussels).

      FaruqeeH.2004“Measuring the Trade Effects of EMU” (unpublished; Washington: International Monetary Fund).

      FeldmanR.C. M.Watson andothers2002Into the EU: Policy Frameworks in Central Europe (Washington: International Monetary Fund).

      FidrmucJ.2001“The Endogeneity of the Optimum Currency Area Criteria, Intraindustry Trade, and EMU Enlargement” (Vienna: Oesterreichische Nationalbank).

      FaruqeeH.KorhonenI.2002Similarity of Supply and Demand Shocks Between the Euro Area and the CEECs,Jahrbuch der Wirtschaft Osteuropas Vol. 27 No. 3 pp. 238.

      FischerStanley2001“Exchange Rate Regimes: Is the Bipolar View Correct?”speech delivered at the American Economic Association meeting New Orleans January.

      FloodR. and A.Rose.1995Fixing Exchange Rates: A Virtual Quest for Fundamentals,Journal of Monetary Economics Vol. 36 pp. 337.

      FrankelJ. A.2000Estimating the Effect of Currency Unions on Trade and Output,CEPR Discussion Paper 263 (London: Centre for Economic Policy Research).

      FrankelJ. A.RoseA.1996The Endogeneity of the Optimum Currency Area Criteria,NBER Working Paper 5700 (Cambridge, Massachusetts: National Bureau of Economic Research).

      FrankelJ. A.2002An Estimate of the Effect of Common Currencies on Trade and Income,Quarterly Journal of Economics Vol. 117 (May) pp. 43766.

      FrankelJ. A.2003Experience of and Lessons from Exchange Rate Regimes in Emerging Economics,NBER Working Paper 10032 (Cambridge, Massachusetts: National Bureau of Economic Research).

      FrenkelM. and C.Nickel2002How Symmetric Are the Shocks and Shock Adjustment Dynamics Between the Euro Area and Central and Eastern European Countries?IMF Working Paper 02/222 (Washington: International Monetary Fund).

      FríasI.A.Iglesias and I.Neira1999Regional Specialization and Trade Patterns in Europe,Working Paper 46 (Santiago, Spain: Euro-American Association of Economic Development, University of Santiago de Compostela).

      FriedmanBenjamin and Kenneth N.Kuttner1993Economic Activity and the Short-Term Credit Markets: An Analysis of Prices and Quantities,Working Paper 93-17:1-93 (Chicago: Federal Reserve Bank of Chicago).

      GenbergH.2002“Does the Prospect of Joining a Monetary Union Influence Currency Use, and Should We Care?”paper presented at the conference “Euro and Dollarization: Forms of Monetary Union in Integrating Regions”Fordham UniversityNew YorkApril5–6.

      GhoshA.A.-M.Gulde and A.Wolfe1998Currency Boards: The Ultimate Fix?IMF Working Paper 98/8 (Washington: International Monetary Fund).

      GoldsteinM.2002“Managed Float Plus,”Policy Analysis in International Economics No. 66 (Washington: Institute for International Economics).

      GourinchasP. O.R.Valdes and O.Landerretche1999“Lending Booms: Some Stylized Facts” (unpublished; Cambridge, Massachusetts: MIT).

      GourinchasP. O.2001“Lending Booms: Latin America and the World,”Economia(Spring) pp. 4799.

      GrosD. and A.Hobza2003Exchange Rate Variability as an OCA Criterion: Are the Candidates Ripe for the Euro?Working Paper 23 (San Francisco, California: International Center for Economic Growth).

      GuimaraesR. and C.Karacadag2004The Empirics of Intervention in Emerging Markets,IMF Working Paper (Washington: International Monetary Fund).

      GuldeA.-M.J.Kähkönen and P.Keller2000Pros and Cons of Currency Board Arrangements in the Lead-Up to EU Accession and Participation in the Euro Zone,IMF Policy Discussion Paper 00/1 (Washington: International Monetary Fund).

      HalpernL. and C.Wyplosz1996Equilibrium Exchange Rates in Transition Economies,IMF Working Paper 96/125 (Washington: International Monetary Fund).

      HardyD. and C.Pazarbasioglu1998Leading Indicators of Banking Crises: Was Asia Different?IMF Working Paper 98/91 (Washington: International Monetary Fund).

      HausmanJ. A. and W. B.Taylor1981Identification in Linear Simultaneous Equations Models with Covariance Restrictions: An Instrumental Variables Interpretation,Working Paper 280 (Cambridge: Massachusetts: MIT, Department of Economics).

      HausmanJ. A.W.Newey and W. B.Taylor1983Efficient Estimation and Identification of Simultaneous Equations Models with Covariance Restrictions,Working Paper 331 (Cambridge: Massachusetts: MIT, Department of Economics).

      HemmingR.M.Kell and S.Mahfouz2002The Effectiveness of Fiscal Policy in Stimulating Economic Activity: A Review of the Literature,IMF Working Paper 02/208 (Washington: International Monetary Fund).

      HochreiterE. and G. S.Tavlas2004“The Roads to the Euro: The Monetary Experience of Austria and Greece,”in Euro Adoption in the New Members of the European Union: Opportunities and Challenges (Washington: International Monetary Fund).

      HochreiterE.K.Schmidt-Hennel and G.Winckler2002Monetary Union: European Lessons, Latin American Prospects,ONB Working Paper 68 (Vienna: Oesterreichische NationalbankJuly).

      HoffmaisterA. and J.Roldos2001The Sources of Macroeconomic Fluctuations in Developing Countries: Brazil and Korea,Journal of Macroeconomics Vol. 23 No. 1 pp. 21339.

      HoffmaisterA. and C. A.Végh1995Disinflation and the Recession-Now-Versus-Recession-Later Hypothesis: Evidence from Uruguay,IMF Working Paper 95/99 (Washington: International Monetary Fund).

      HonohanP.1997Banking System Failures in Developing and Transition Countries: Diagnosis and Prediction,Working Paper 39 (Basle, Switzerland: BIS, Monetary and Economic Department).

      HonohanP.2001Discussion Economic Policy No. 33.

      HorneJ.1983The Asset Market Model of the Balance of Payments and the Exchange Rate,Journal of International Money and Finance Vol. 2 pp. 89109.

      HuntB. and D.Laxton2003Some Simulation Properties of the Major Euro-Area Economies in MULTIMOD,IMF Working Paper 03/31 (Washington: International Monetary Fund).

      International Monetary Fund1997aFinland Selected Issues IMF Country Report 97/60 (Washington).

      International Monetary Fund1997bJapan—Economic and Policy Developments IMF Country Report 97/91 (Washington).

      International Monetary Fund2001Government Finance Statistics Manual 2001 (Washington).

      International Monetary Fund2002“The Macroeconomic Effects of U.K. Fiscal Policy: An Empirical Explanation,”in United Kingdom: Selected Issues IMF Country Report 02/46 (Washington).

      International Monetary Fund2003aGlobal Financial Stability Report (Washington).

      International Monetary Fund2003bGermany: Selected Issues IMF Country Report 03/342 (Washington).

      International Monetary Fund2003c“Fiscal Policy and Macroeconomic Volatility in Spain: An Empirical Assessment,”in Spain: Selected Issues IMF Country Report 03/41 (Washington).

      International Monetary Fund2003dWorld Economic Outlook (WashingtonSeptember).

      International Monetary Fund2003eHungary—Selected Issues IMF Country Report 03/125 (Washington).

      IsardP. and H.Faruqee1998Exchange Rate Assessment Extensions of the Macroeconomic Balance Approach IMF Occasional Paper 167 (Washington: International Monetary Fund).

      IsardP. andothers2001Methodology for Current Account and Exchange Rate Assessments IMF Occasional Paper 209 (Washington: International Monetary Fund).

      JeanneO. and A.Rose1999Noise Trading and Exchange Rate Regimes,CEPR Discussion Paper 2142 (London: Centre for Economic Policy Research).

      JohansenSøren1995Likelihood-Based Inference in Cointegrated Vector Autoregressive Models (New York: Oxford University Press).

      JonasJ. and F. S.Mishkin2003Inflation Targeting in Transition Countries: Experience and Prospects,NBER Working Paper 9667 (Cambridge, Massachusetts: National Bureau of Economic Research).

      KaminskyG. and C.Reinhart1996The Twin Crises: The Causes of Banking and Balance-of-Payments Problems,International Finance Discussion Paper 544 (Washington: Board of Governors of the Federal Reserve System).

      KenenP.1969“The Theory of Optimal Currency Areas: An Eclectic View,”in Monetary Problems of the International Economy ed. by R. A. Mundell and A. K. Swoboda (Chicago: University of Chicago Press).

      KenenP.1997Preferences, Domains, and Sustainability,American Economic Review Papers and Proceedings Vol. 87 No. 2 pp. 21113.

      KenenP.2002Currency Unions and Trade: Variations on Themes,Discussion Paper 2002/08 (Wellington: Reserve Bank of New Zealand).

      KenenP. B. and E.Meade2003“EU Accession and the Euro: Close Together or Far Apart?”International Economics Policy Briefs No. PB03-9 (Washington: Institute for International Economics, October).

      KertesiG. and J.Köllö1997The Birth of the ‘Wage Curve’ in Hungary, 1989–95,Working Paper 104 (Ann Arbor: William Davidson Institute at the University of Michigan Business School).

      KiyotakiN. and J.Moore1997Credit Cycles,Journal of Political Economy Vol. 105 pp. 21148.

      KlaasenF.2004Why Is It So Difficult to Find an Effect of Exchange Rate Risk on Trade?Journal of International Money and Finance Vol. 23.

      KoborA. and I.Szekely2003Foreign Exchange Market Volatility in EU Accession Countries in the RunUp to Euro Adoption: Weathering Uncharted Waters,IMF Working Paper 04/16 (Washington: International Monetary Fund).

      KontolemisZ. and K.Ross2004“Exchange Rate Fluctuations in Transition Economies” (unpublished; Brussels: European Commission).

      KopitsG. and I. P.Székely2004“Fiscal Policy Challenges of EU Accession for the Baltics and Central Europe,”in Structural Challenges for Europe ed. by Gertrude Tumpel-Gugerell and Peter Mooslechner (Cheltenham, United Kingdom: Edward Elgar) pp. 27797.

      KouriP. J. K. and M. G.Porter1974International Capital Flows and Portfolio Equilibrium,Journal of Political Economics Vol. 82 No. 3 pp. 44367.

      KovácsM. A.2002On the Estimated Size of the Balassa-Samuelson Effect in Five Central and Eastern European Countries,NBH Working Paper 2002/5 (Budapest: National Bank of Hungary).

      KrajnyákK. and J.Zettelmeyer1997Competitiveness in Transition Economies—What Scope for Real Appreciation?IMF Working Paper 97/149 (Washington: International Monetary Fund).

      KreininM. E. and L. H.Officer1978“The Monetary Approach to the Balance of Payments: A Survey,”Princeton Studies in International Finance No. 43 (Princeton: New Jersey: Princeton University).

      KruegerT.2002“Inflation Convergence Prior to Euro-Area Entry: The Experiences of Greece, Italy, and Portugal” (unpublished: Washington: International Monetary FundNovember).

      KrugmanP.1988Exchange Rate Instability (Cambridge, Massachusetts: MIT Press).

      KrugmanP.1990“Policy Problems of a Monetary Union,”in The European Monetary System in the 1990s ed. by P. De Grauwe and L. Papademos (London and New York: Longman) pp. 4864.

      KrugmanP.1991aExchange Rate Targets and Currency Bandsed. byP.Kruman and M.Miller (New York: Cambridge University Press).

      KrugmanP.1991bTarget Zone and Exchange Rate Dynamics,Quarterly Journal Economics Vol. 106 No. 3 (August) pp. 66982.

      KrugmanP.1991c“Geography and Trade,”Gaston Eykens Lecture Series (Leuven, Brussels: Leuven University Press).

      KrugmanP.A. J.Venables1996Integration, Specialization, and Adjustment,European Economic Review Vol. 40 (April) pp. 95967.

      KydlandF. and E.Prescott1996“Are Currency Crises Self-Fulfilling?”in NBER Macroeconomics Annual 1996 ed. by B. Bernanke and J. J. Rotemberg (Cambridge, Massachusetts: MIT Press).

      KydlandF.1997Rules Rather than Discretion: The Inconsistency of Optimal Plans,Journal of Political Economy Vol. 85 No. 3 pp. 47391.

      LaskarD. M.1983“Short-Run Independence of Monetary Policy Under a Pegged Exchange-Rates System: An Econometric Approach,”in The International Transmission of Inflation ed. by M. R. Darby and others (Chicago: University of Chicago Press).

      LaxtonD. and P.Pesenti2003Monetary Rules for Small, Open, Emerging Economies,NBER Working Paper 9568 (Cambridge, Massachusetts: National Bureau of Economic Research).

      LevyYeyati E.2003On the Impact of a Common Currency on Bilateral Trade,Economic Letters Vol. 79(i) pp. 12529.

      LipschitzL.T.Lane and A.Mourmouras2004“Real Convergence, Capital Flows, and Monetary Policy: Notes on the European Transition Countries,”in Euro Adoption in the New Members of the European Union—Opportunities and Challenges (Washington: International Monetary Fund).

      LipschitzL. and D.McDonald1991Real Exchange Rates and Competitiveness: A Clarification of Concepts, and Some Measurements for Europe,Empirica—Austrian Economic Papers Vol. 19 No. 1 pp. 3769.

      MackenzieG. A. andothers2003Pension Reform and the Fiscal Policy Stance,Public Budgeting and Finance Vol. 23 No. 1 pp. 11527.

      McKinnonJ.1991“Critical Values for Cointegration Tests,”in Long-Run Economic Relationshipsed. byR. F.Engle and C. W. J.Granger (New York: Oxford University Press).

      McKinnonR.1963Optimum Currency Areas,American Economic Review Vol. 53 No. 4 pp. 71725.

      Magyar Nemzeti Bank2002“Adopting the Euro in Hungary: Expected Benefits, Costs and Timing,”ed. by A. Csajbok and A. Csermely NBH Occasional Paper 24 (Budapest).

      MassonP. R. and M. P.Taylor1992Common Currency Areas and Currency Unions: An Analysis of the Issues,CEPR Discussion Paper 617 (London: Centre for Economic Policy Research).

      MassonP. R. and S.Symansky1993Evaluating EMS and EMU Using Stochastic Simulations: Some Issues,IMF Working Paper 93/28 (Washington: International Monetary Fund).

      MeenaghD.P.Minford and B.Webb2002Joining the Euro: The Macro Effects on the U.K. Economy,CEPR Discussion Paper 3602 (London: Centre for Economic Policy Research).

      MelitzJ. and F.Zumer2000Interregional and International Risk Sharing and Lessons for EMU,EUI Working Papers 2002/2 (Florence: European University Institute).

      MelitzJ.2001Geography, Trade and Currency Union,CEPR Discussion Paper 2987 (London: Centre for Economic Policy Research).

      MiccoA.E.Stein and G.Ordonez2003The Currency Union Effect on Trade: Early Evidence from EMU,Economic Policy Vol. 18 (October) pp. 31756.

      MihaljekD. and M.Klau2003The Balassa-Samuelson Effect in Central Europe: A Disaggregated Analysis,BIS Working Papers No. 143 (Basel: Bank for International Settlements, October).

      MinfordPatrick2002Should Britain Join the Euro–the Chancellor’s Five Tests Examined IEA Occasional Paper 126 (London: Institute of Economic Affairs). Available via the Internet:

      MinfordPatrick2003“Britain, the Euro and the Five Tests—Some Brief Notes on the Costs and Benefits of Economic and Monetary Union to the UK Economy”in Submissions on EMU from Leading Academics EMU Study (London: HM Treasury) pp. 17584.

      MishkinF. S.2000Inflation Targeting in Emerging Market Countries,NBER Working Paper 7618 (Cambridge, Massachusetts: National Bureau of Economic Research).

      MongelliF. P.2002‘New’Views on the Optimum Currency Area Theory: What Is EMU Telling Us?Working Paper Series No. 138 (Frankfurt: European Central Bank).

      MundellR.1961A Theory of Optimum Currency Areas,American Economic Review Vol. 51 No. 4 pp. 65765.

      MunichD.J.Svejnar and K.Terrell1999Returns to Human Capital Under the Communist Wage Grid and During the Transition to a Market Economy,CEPR Discussion Paper 2332 (London: Centre for Economic Policy Research).

      NatalucciF. M. and F.Ravenna2002The Road to Adopting the Euro: Monetary Policy and Exchange Rate Regimes in EU Candidate Countries,International Finance Discussion Papers No. 741 (Washington: Board of Governors of the Federal Reserve System).

      National Bank of Poland2004“A Report on the Costs and Benefits of Poland’s Adoption of the Euro,”ed. byJ.Borowski (Warsaw).

      NeelyC. J.1998Technical Analysis and the Profitability of U.S. Foreign Exchange Intervention,Federal Reserve Bank of St. Louis Review Vol. 80 No. 4 pp. 317.

      NitschV.2002Honey, I Shrunk the Currency Union Effect on Trade,World Economy Vol. 25 No. 4 (April) pp. 45774.

      ObstfeldM.1985“Floating Exchange Rates: Experience and Prospects,”Brookings Papers on Economic Activity: 2 Brookings Institution pp. 369450

      ObstfeldM.2001International Macroeconomics: Beyond the Mundell-Fleming Model,Staff PapersInternational Monetary Fund Vol. 47 pp. 139.

      ObstfeldM.2002Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics,NBER Working Paper 9118 (Cambridge, Massachusetts: National Bureau of Economic Research).

      ObstfeldM. and K.Rogoff1995Mirage of Fixed Exchange Rates,Journal of Economic Perspectives Vol. 9 pp. 7396.

      ObstfeldM.2000“Perspectives on OECD Economic Integration: Implications for U.S. Current Account Adjustment,”in Federal Reserve Bank of Kansas City Symposium Proceedings 2000: Global Economic Integration—Opportunities and Challenges.Available via the Internet:

      ObstfeldM. and G.Peri1998Regional Non-Adjustment and Fiscal Policy,Economic Policy Vol. 26 pp. 20560.

      Padoa-SchioppaT.1999“EMU and Banking Supervision,”Lecture at the London School of Economics Financial Markets Group February 24 (Frankfurt: European Central Bank).

      Padoa-SchioppaT.2004“Exchange Rate Issues Relating to the Acceding Countries,”Keynote Speech at the IMF Conference Euro Adoption in the Accession Countries Opportunities and ChallengesPragueFebruary2.

      PakkoH. and WallJ.2001Reconsidering the Trade-Creating Effects of a Currency Union,Federal Reserve Bank of St. Louis (U.S.) Vol. 83 No. 5 pp. 3745.

      PerottiR.1999Fiscal Policy in Good Times and Bad,Quarterly Journal of Economics Vol. 114 No. 4 pp. 13991436.

      PerottiR.2002Estimating the Effects of Fiscal Policy in OECD Countries,Working Paper 168 (Frankfurt: European Central Bank, August).

      PerssonT.2001Currency Unions and Trade: How Large Is the Treatment Effect?Economic Policy Vol. 16 No. 33 pp. 43380.

      RebeloS.1992“Inflation in Fixed Exchange Rate Regimes: The Recent Portuguese Experience,”International Economic Studies No. 517 (Stockholm: University of Stockholm, Institute for International Economic Studies).

      ReevesJ. J. andothers2000The Hodrick-Prescott Filter, a Generalization, and a New Procedure for Extracting an Empirical Cycle from a Series,Studies in Nonlinear Dynamics & Econometrics Vol. 4 No. 1 (April) pp. 116.

      RoderikD.2000Comments on Frankel and Rose, “Estimating the Effects of Currency Unions on Trade and Output” (unpublished; Cambridge, Massachusetts: John F. Kennedy School of Government, Harvard UniversityOctober28).

      RoseA.2000One Money, One Market? The Effect of Common Currencies on International Trade,Economic Policy Vol. 30 pp. 745.

      RoseA.2001Currency Unions and Trade: The Effect Is Large,Economic Policy Vol. 33 pp. 44961.

      RoseA.2002“The Effect of Common Currencies on International Trade: Where Do We Stand?”Occasional Paper 22 (Berkeley: University of California).

      RoseA. and E.van Wincoop2000“Do Currency Unions Increase Trade? A ‘Gravity’ Approach,”FRBSF Economic Letter (Federal Reserve Bank of San Francisco). Available via the Internet:

      RoseA.2001The National Money as a Barrier to International Trade: The Real Case for Currency Union,American Economic Review Vol. 91 pp. 38690.

      SarnoL. and M.Taylor2001Official Intervention in the Foreign Exchange Market: Is It Effective and, If So, How Does It Work?Journal of Economic Literature Vol. 39 pp. 83968.

      SchadlerS. andothers1993Recent Experiences with Surges in Capital Inflows IMF Occasional Paper 108 (Washington: International Monetary Fund).

      SkudelnyF.2003“Exchange Rate Uncertainty and Trade: A Survey” (unpublished; Leuven, Belgium: Catholic University of Leuven).

      ŠmídkováK.R.Barrell and D.Holland2002Estimates of Fundamental Real Exchange Rates for the Five EU Pre-Accession Countries,Working Paper Series (Prague: Czech National Bank).

      SolansE.2002“Exchange Rate Policies in the Accession Process,”address to the European Monetary Institute (Brussels).

      SoskiceD.1990Wage Determination: The Changing Role of Institutions in Advanced Industrialized Countries,Oxford Review of Economic Policy (Winter) Vol. 6 pp. 3661.

      StoneM.2003Inflation Targeting Lite,IMF Working Paper 03/12 (Washington: International Monetary Fund).

      SüppelR.2003Comparing Economic Dynamics in the EU and CEE Accession Countries,Working Paper 267 (Frankfurt, Germany: European Central Bank).

      SvenssonL. E. O.1998Inflation Targeting as a Monetary Policy Role,NBER Working Paper 6790 (Cambridge, Massachusetts: National Bureau of Economic Research).

      SweeneyR. J.1997Do Central Banks Lose on Foreign-Exchange Intervention? A Review Article,Journal of Banking and Finance Vol. 21 No. 11–12 pp. 166784.

      SzapáryG.2000Maastrich and the Choice of Exchange Rate Regime in Transition Countries During the Run-Up to EMU,NBH Working Paper 2000/7 (Budapest: National Bank of Hungary).

      TaglioniD.2002Exchange Rate Volatility as a Barrier to Trade: New Methodologies and Recent Evidence,Economie Internationale (Paris: Centre d’Etudes Prospectives et d’Informations Internationales) Vol. 89–90 No. 1–2 pp. 22759. Available via the Internet:

      TavlasG. S.1993The ‘New’ Theory of Optimum Currency Areas,The World Economy Vol. 16 (November) pp. 66385.

      TavlasG. S.1994The Theory of Monetary Integration,Open Economies Review Vol. 5 No. 2 pp. 21130.

      TaylorM. P.1995The Economics of Exchange Rates,Journal of Economic Literature Vol. 33 No. 1 pp. 1347.

      TenreyroS. and T.Persson2001“On the Causes and Consequences of Currency Unions” (unpublished: Cambridge, Massachusetts: Harvard University, Department of EconomicsNovember).

      TenreyroS.2003On the Trade Impact of Nominal Exchange Rate Volatility,Working Paper No. 3-2 (Boston: Federal Reserve Bank of Boston). Available via the Internet:

      Ter-MinassianT.ed.1997Fiscal Federalism in Theory and Practice (Washington: International Monetary Fund).

      ThomR. and B.Walsh2002The Effect of a Common Currency on Trade: Lessons from the Irish Experience,European Economic Review Vol. 46 No. 6 (June) pp. 111123.

      TornellA. and F.Westermann2002Boom-Bust Cycles in Middle-Income Countries: Facts and Explanation,IMF Staff Papers Vol. 49(Special Issue) pp. 11155.

      TorresF.GiavazziF.eds.1993Adjustment and Growth in the European Monetary Union (New York: Cambridge University Press) Chapter 5 pp. 12849.

      United Kingdom HM Treasury2003a“EMU and Business Sectors”EMU Study (London).

      United Kingdom HM Treasury2003b“EMU and Labor Market Flexibility” (London).

      United Kingdom HM Treasury2003c“An Assessment of the Five Economic Tests” (London).

      United Kingdom HM Treasury2003d“EMU and the Cost of Capital” (London).

      United Kingdom HM Treasury2003e“EMU and Trade,”EMU Study (London).

      United Kingdom HM Treasury2003f“Prices and EMU” (London).

      United Kingdom HM Treasury2003g“The Location of Financial Activity and the Euro” (London).

      United Kingdom HM Treasury2003h“UK Membership of the Single Currency,” (London).

      United Nations Economic Commission for Europe2002Statistical Journal Vol. 117 No. 2 pp. 379408.

      United Nations Economic Commission for Europe2002Statistical Journal Vol. 47 No. 3 pp. 21350.

      Von HagenJ.A. H.Hallett and R.Strauch2001“Budgetary Consolidation in EMU,”Economic Papers No. 148 (Brussels: Commission of the EC, Directorate-General for Economic and Financial Affairs [DG ECFIN], March).

      WaltersA. A.1990Sterling in Danger: The Economic Consequences of Pegged Exchange Rates (London: Fontana/Collins, in association with the Institute of Economic Affairs).

      WatsonC. M.2003“Macrofinancial Stability in the Accession Countries” (unpublished; Brussels: European Commission).

      WestawayP.2003“Modeling Shocks and Adjustment Mechanisms in EMU,”EMU Study (London: HM Treasury).

      WilliamsonJ.1985The Exchange Rate System2nd ed. (Washington: Institute for International Economics).

      Wren-LewisS.2003“Estimates of Equilibrium Exchange Rates for Sterling Against the Euro,”EMU Study (London: HM Treasury).

      WyploszC.2000Ten Years of Transformation: Macroeconomic Lessons,CEPR Discussion Paper 2254 (London: Centre for Economic Policy Research).

      WyploszC.2001“Regional Exchange Rate Arrangements: Some Lessons From Europe”paper presented at the conference on “The Role of Regional Financial Arrangements in Crisis Prevention and Management: The Experiences of Europe Asia Africa and Latin America” organized by the Forum on Debt and Development (FONDAD)PragueJune21–22.

    Recent Occasional Papers of the International Monetary Fund

    234. Adopting the Euro in Central Europe: Challenges of the Next Step in European Integration, by Susan Schadler, Paulo Drummond, Louis Kuijs, Zuzana Murgasova, and Rachel van Elkan. 2004.

    233. Germany’s Three-Pillar Banking System: Cross-Country Perspectives in Europe, by Allan Brunner, Jörg Decressin, Daniel Hardy, and Beata Kudela. 2004.

    232. China’s Growth and Integration into the World Economy: Prospects and Challenges, edited by Eswar Prasad. 2004.

    231. Chile: Policies and Institutions Underpinning Stability and Growth, by Eliot Kalter, Steven Phillips, Marco A. Espinosa-Vega, Rodolfo Luzio, Mauricio Villa-fuerte, and Manmohan Singh. 2004.

    230. Financial Stability in Dollarized Countries, by Anne-Marie Gulde, David Hoelscher, Alain Ize, David Marston, and Gianni De Nicoló. 2004.

    229. Evolution and Performance of Exchange Rate Regimes, by Kenneth S. Rogoff, Aasim M. Husain, Ashoka Mody, Robin Brooks, and Nienke Oomes. 2004.

    228. Capital Markets and Financial Intermediation in the Baltics, by Alfred Schipke, Christian Beddies, Susan M. George, and Niamh Sheridan. 2004.

    227. U.S. Fiscal Policies and Priorities for Long-Run Sustainability, edited by Martin Mühleisen and Christopher Towe. 2004.

    226. Hong Kong SAR: Meeting the Challenges of Integration with the Mainland, edited by Eswar Prasad, with contributions from Jorge Chan-Lau, Dora Iakova, William Lee, Hong Liang, Ida Liu, Papa N’Diaye, and Tao Wang. 2004.

    225. Rules-Based Fiscal Policy in France, Germany, Italy, and Spain, by Teresa Dában, Enrica Detragiache, Gabriel di Bella, Gian Maria Milesi-Ferretti, and Steven Symansky. 2003.

    224. Managing Systemic Banking Crises, by a staff team led by David S. Hoelscher and Marc Quintyn. 2003.

    223. Monetary Union Among Member Countries of the Gulf Cooperation Council, by a staff team led by Ugo Fasano. 2003.

    222. Informal Funds Transfer Systems: An Analysis of the Informal Hawala System, by Mohammed El Qorchi, Samuel Munzele Maimbo, and John F. Wilson. 2003.

    221. Deflation: Determinants, Risks, and Policy Options, by Manmohan S. Kumar. 2003.

    220. Effects of Financial Globalization on Developing Countries: Some Empirical Evidence, by Eswar S. Prasad, Kenneth Rogoff, Shang-Jin Wei, and Ayhan Kose. 2003.

    219. Economic Policy in a Highly Dollarized Economy: The Case of Cambodia, by Mario de Zamaroczy and Sopanha Sa. 2003.

    218. Fiscal Vulnerability and Financial Crises in Emerging Market Economies, by Richard Hemming, Michael Kell, and Axel Schimmelpfennig. 2003.

    217. Managing Financial Crises: Recent Experience and Lessons for Latin America, edited by Charles Collyns and G. Russell Kincaid. 2003.

    216. Is the PRGF Living Up to Expectations?—An Assessment of Program Design, by Sanjeev Gupta, Mark Plant, Benedict Clements, Thomas Dorsey, Emanuele Baldacci, Gabriela Inchauste, Shamsuddin Tareq, and Nita Thacker. 2002.

    215. Improving Large Taxpayers’ Compliance: A Review of Country Experience, by Katherine Baer. 2002.

    214. Advanced Country Experiences with Capital Account Liberalization, by Age Bakker and Bryan Chapple. 2002.

    213. The Baltic Countries: Medium-Term Fiscal Issues Related to EU and NATO Accession, by Johannes Mueller, Christian Beddies, Robert Burgess, Vitali Kramarenko, and Joannes Mongardini. 2002.

    212. Financial Soundness Indicators: Analytical Aspects and Country Practices, by V. Sundararajan, Charles Enoch, Armida San José, Paul Hilbers, Russell Krueger, Marina Moretti, and Graham Slack. 2002.

    211. Capital Account Liberalization and Financial Sector Stability, by a staff team led by Shogo Ishii and Karl Habermeier. 2002.

    210. IMF-Supported Programs in Capital Account Crises, by Atish Ghosh, Timothy Lane, Marianne Schulze-Ghattas, Aleš Bulíř, Javier Hamann, and Alex Mourmouras. 2002.

    209. Methodology for Current Account and Exchange Rate Assessments, by Peter Isard, Hamid Faruqee, G. Russell Kincaid, and Martin Fetherston. 2001.

    208. Yemen in the 1990s: From Unification to Economic Reform, by Klaus Enders, Sherwyn Williams, Nada Choueiri, Yuri Sobolev, and Jan Walliser. 2001.

    207. Malaysia: From Crisis to Recovery, by Kanitta Meesook, Il Houng Lee, Olin Liu, Yougesh Khatri, Natalia Tamirisa, Michael Moore, and Mark H. Krysl. 2001.

    206. The Dominican Republic: Stabilization, Structural Reform, and Economic Growth, by a staff team led by Philip Young comprising Alessandro Giustiniani, Werner C. Keller, and Randa E. Sab and others. 2001.

    205. Stabilization and Savings Funds for Nonrenewable Resources, by Jeffrey Davis, Rolando Ossowski, James Daniel, and Steven Barnett. 2001.

    204. Monetary Union in West Africa (ECOWAS): Is It Desirable and How Could It Be Achieved? by Paul Masson and Catherine Pattillo. 2001.

    203. Modern Banking and OTC Derivatives Markets: The Transformation of Global Finance and Its Implications for Systemic Risk, by Garry J. Schinasi, R. Sean Craig, Burkhard Drees, and Charles Kramer. 2000.

    202. Adopting Inflation Targeting: Practical Issues for Emerging Market Countries, by Andrea Schaechter, Mark R. Stone, and Mark Zelmer. 2000.

    201. Developments and Challenges in the Caribbean Region, by Samuel Itam, Simon Cueva, Erik Lundback, Janet Stotsky, and Stephen Tokarick. 2000.

    200. Pension Reform in the Baltics: Issues and Prospects, by Jerald Schiff, Niko Hobdari, Axel Schimmelpfennig, and Roman Zytek. 2000.

    199. Ghana: Economic Development in a Democratic Environment, by Sérgio Pereira Leite, Anthony Pellechio, Luisa Zanforlin, Girma Begashaw, Stefania Fabrizio, and Joachim Harnack. 2000.

    198. Setting Up Treasuries in the Baltics, Russia, and Other Countries of the Former Soviet Union: An Assessment of IMF Technical Assistance, by Barry H. Potter and Jack Diamond. 2000.

    197. Deposit Insurance: Actual and Good Practices, by Gillian G. H. Garcia. 2000.

    196. Trade and Trade Policies in Eastern and Southern Africa, by a staff team led by Arvind Subramanian, with Enrique Gelbard, Richard Harmsen, Katrin Elborgh-Woytek, and Piroska Nagy. 2000.

    195. The Eastern Caribbean Currency Union—Institutions, Performance, and Policy Issues, by Frits van Beek, José Roberto Rosales, Mayra Zermeño, Ruby Randall, and Jorge Shepherd. 2000.

    194. Fiscal and Macroeconomic Impact of Privatization, by Jeffrey Davis, Rolando Ossowski, Thomas Richardson, and Steven Barnett. 2000.

    193. Exchange Rate Regimes in an Increasingly Integrated World Economy, by Michael Mussa, Paul Masson, Alexander Swoboda, Esteban Jadresic, Paolo Mauro, and Andy Berg. 2000.

    192. Macroprudential Indicators of Financial System Soundness, by a staff team led by Owen Evans, Alfredo M. Leone, Mahinder Gill, and Paul Hilbers. 2000.

    191. Social Issues in IMF-Supported Programs, by Sanjeev Gupta, Louis Dicks-Mireaux, Ritha Khemani, Calvin McDonald, and Marijn Verhoeven. 2000.

    190. Capital Controls: Country Experiences with Their Use and Liberalization, by Akira Ariyoshi, Karl Habermeier, Bernard Laurens, Inci Ötker-Robe, Jorge Iván Canales Kriljenko, and Andrei Kirilenko. 2000.

    189. Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union, by Donal McGettigan. 2000.

    188. Financial Sector Crisis and Restructuring: Lessons from Asia, by Carl-Johan Lindgren, Tomás J. T. Baliño, Charles Enoch, Anne-Marie Gulde, Marc Quintyn, and Leslie Teo. 1999.

    Note: For information on the titles and availability of Occasional Papers not listed, please consult the IMF’s Publications Catalog or contact IMF Publication Services.

      You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

      Other Resources Citing This Publication