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I Overview and Policy Conclusions

I Overview and Policy Conclusions »

Source: Adopting the Euro in Central Europe : Challenges of the Next Step in European Integration

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2005

ISBN: 9781589063501

Keywords: Euro, exchange rate, inflation, monetary policy, exchange rates, foreign exchange

The first wave of transition countries to join the European Union (EU) are turning their attention to the next step in their integration with Europe—replacing their national currencies with the euro. Upon ac...

II Assessing the Long-Run Benefits of Euro Adoption

II Assessing the Long-Run Benefits of Euro Adoption »

Source: Adopting the Euro in Central Europe : Challenges of the Next Step in European Integration

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2005

ISBN: 9781589063501

Keywords: Euro, exchange rate, inflation, monetary policy, exchange rates, foreign exchange

The first step in the CECs’ decisions about the timing of euro adoption entails reaching a view on long-term benefits and costs. Unlike for the United Kingdom and Denmark (Box 2.1), the outcome of this asses...

II Country Experiences with Transition to Greater Flexibility: Operational Aspects Underpinning Durable Exits

II Country Experiences with Transition to Greater Flexibility: Operational Aspects Underpinning Durable Exits »

Source: Moving to Greater Exchange Rate Flexibility : Operational Aspects Based on Lessons from Detailed Country Experiences

Series: Occasional Papers

Author(s): Inci Ötker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2007

ISBN: 9781589066243

Keywords: Floating exchange rates, exchange rate, inflation, monetary policy, central bank, exchange rate flexibility

This section brings together the experiences of six countries to extract the common elements in moving to greater flexibility. It reviews the nature and pace of the exits and the factors underlying them, the...

II Nature of Exchange Rate Regimes

II Nature of Exchange Rate Regimes »

Source: Exit Strategies : Policy Options for Countries Seeking Exchange Rate Flexibility

Series: Occasional Papers

Author(s): Barry Eichengreen , Inci Ötker , A. Hamann , Esteban Jadresic , R. Johnston , Hugh Bredenkamp , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 1998

ISBN: 9781557757340

Keywords: exchange rate, inflation, exchange rate regime, monetary policy, monetary fund

The appropriate choice of an exchange rate regime and the economic and other factors that should influence that choice are the subjects of an immense literature. 1 Th...

III Experience with Pegged Rates

III Experience with Pegged Rates »

Source: Exit Strategies : Policy Options for Countries Seeking Exchange Rate Flexibility

Series: Occasional Papers

Author(s): Barry Eichengreen , Inci Ötker , A. Hamann , Esteban Jadresic , R. Johnston , Hugh Bredenkamp , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 1998

ISBN: 9781557757340

Keywords: exchange rate, inflation, exchange rate regime, monetary policy, monetary fund

The trend toward greater exchange rate flexibility for developing and transition countries is a prominent theme in the recent evolution of the international monetary system. As detailed in Inter...

III Long-Term Costs of Losing Monetary Policy

III Long-Term Costs of Losing Monetary Policy »

Source: Adopting the Euro in Central Europe : Challenges of the Next Step in European Integration

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 2005

ISBN: 9781589063501

Keywords: Euro, exchange rate, inflation, monetary policy, exchange rates, foreign exchange

The principal economic costs of joining a currency union stem from the effects of giving up an independent monetary policy on the stability of growth and inflation. A long tradition of assessing these costs...

III Orderly Transitions

III Orderly Transitions »

Source: Moving to Greater Exchange Rate Flexibility : Operational Aspects Based on Lessons from Detailed Country Experiences

Series: Occasional Papers

Author(s): Inci Ötker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2007

ISBN: 9781589066243

Keywords: Floating exchange rates, exchange rate, inflation, monetary policy, central bank, exchange rate flexibility

Chile (1984–99) 1 Chile’s transition to a free float was a very gradual, and mostly orderly, process that took about 15 years from the...

IMF Executive Board Completes Review of Poland’s Performance under the Flexible Credit Line

IMF Executive Board Completes Review of Poland’s Performance under the Flexible Credit Line »

Source: Republic of Poland : Review under the Flexible Credit Line Arrangement

Volume/Issue: 2014/8

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2014

ISBN: 9781484344415

Keywords: Debt sustainability analysis, Economic growth, Economic indicators, Economic recovery, Staff Reports, Press releases, Poland, Fiscal policy, Flexible Credit Line, Monetary policy

On January 8, 2014, the Executive Board of the IMF completed its review of Poland's qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Poland's continued qualification to access F...

IMF Executive Board Concludes 2015 Article IV Consultation with the Republic of Poland

IMF Executive Board Concludes 2015 Article IV Consultation with the Republic of Poland »

Source: Republic of Poland : Staff Report for the 2015 Article IV Consultation

Volume/Issue: 2015/182

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513502434

Keywords: inflation, monetary fund, monetary policy, market, credit growth

This 2015 Article IV Consultation highlights that the economy of Poland has recovered from the 2012-13 slowdown. Growth accelerated to 3.4 percent in 2014, and further to 3.6 percent in the first quarter of 2015, o...

IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of Poland

IMF Executive Board Concludes 2016 Article IV Consultation with the Republic of Poland »

Source: Republic of Poland : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Volume/Issue: 2016/210

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 July 2016

ISBN: 9781498342858

Keywords: Article IV consultation reports, Economic growth, Fiscal policy, Fiscal consolidation, Fiscal reforms, Monetary policy, Inflation targeting, Economic indicators, Balance of payments statistics, Debt sustainability analysis

This paper describes mainly the introduction and performance of the Extended Fund Facility program for Pakistan. Since the start of the program in September 2013, economic growth has gradually recovered, inflation...