Part IV Preconditions for Successful Euro Adoption: Financial Markets and Macro Frameworks
Author:
Susan M Schadler
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Language:
English
Print Publication Date:
18 Apr 2005
Keywords:
SEM; euro; exchange rate; country; CEE country; ERM II; EMU economy; acceding country; ECB paper; Exchange rates; Inflation; Exchange rate arrangements; Monetary unions; Exchange rate stability; Central and Eastern Europe; Europe; Baltics; Western Europe; Global

Abstract

Five years ago, when the euro was launched, the European financial landscape had three features that made it quite different from the financial system of the United States—a comparison that seemed relevant since the area that was about to use the new currency was, in many dimensions (size, population, income per capita), similar to that of the United States:

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Cover Euro Adoption in Central and Eastern Europe
Euro Adoption in Central and Eastern Europe
Opportunities and Challenges
ISBN:
9781589063709
Publication Date:
18 Apr 2005
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589063709.072
Pages:
214
Front Matter
I Introduction
Part I Real Convergence and Euro Adoption
Part II Role of Monetary Independence in the Accession Countries
Part III Preconditions for Successful Euro Adoption: Fiscal Policy and Labor Markets
Part V Strategies for Euro Adoption: Key Considerations
Back Matter

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