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Central Bank Financial Strength, Transparency, and Policy Credibility

Central Bank Financial Strength, Transparency, and Policy Credibility »

Source: Central Bank Financial Strength, Transparency, and Policy Credibility

Volume/Issue: 2002/137

Series: IMF Working Papers

Author(s): Peter Stella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2002

ISBN: 9781451855920

Keywords: Central bank losses, credibility, central bank, inflation, monetary fund, monetary policy

A central bank is financially strong if it possesses resources sufficient to attain its fundamental policy objective(s). Once endowed with those resources, relations between government and central bank should be de...

1. Domestic Expansion Running into External Turbulence

1. Domestic Expansion Running into External Turbulence »

Source: Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Activity continued to expand in the first half of 2018, but at a slower-than-expected pace, mainly in advanced Europe. The external environment has become less supportive, with slow...

The Estonian Currency Board

The Estonian Currency Board »

Source: The Estonian Currency Board : Its Introduction and Role in the Early Success of Estonia's Transition to a Market Economy

Volume/Issue: 2002/96

Series: IMF Working Papers

Author(s): Andres Sutt , Basil Zavoiceo , and Adalbert Knöbl

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

ISBN: 9781451851922

Keywords: currency reform, exchange arrangements, currency board, transition to market economy, exchange rate, monetary policy, foreign exchange, central bank, Studies of Particular Policy Episodes,

This paper reviews the history of the introduction of the Estonian kroon under a currency board arrangement. On June 20, 1992, Estonia became the first country from the former Soviet Union to abandon the Russian ru...

Exchange Rate Regimes in Selected Advanced Transition Economies

Exchange Rate Regimes in Selected Advanced Transition Economies »

Source: Exchange Rate Regimes in Selected Advanced Transition Economies : Coping with Transition, Capital Inflows, and EU Accession

Volume/Issue: 2000/3

Series: IMF Policy Discussion Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2000

ISBN: 9781451974119

Keywords: Estonia, Exchange rate regimes, European Union, Capital inflows, Czech Republic, Czech Republic, Hungary, Poland, Slovenia, Transition economies

Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success—employed diverse exchange rate regimes. As these countries approach EU accession,...

Executive Summary

Executive Summary »

Source: Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Economic activity continued to expand in the first half of 2018, albeit at a slower-than-expected pace, mainly in advanced Europe. Domestic demand, supported by stronger employment...

I Overview

I Overview »

Source: Policy Experiences and Issues in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Daniel Citrin , and Ashok Lahiri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755186

Keywords: inflation, exchange rate, money stock, monetary policy, central bank

Daniel A. Citrin 1 The emergence in late 1991 of 15 independent states from the territory of the former U.S.S.R. presented polic...

I Stabilization in the Baltic Countries: Early Experience

I Stabilization in the Baltic Countries: Early Experience »

Source: Road Maps of the Transition : The Baltics, the Czech Republic, Hungary, and Russia

Series: Occasional Papers

Author(s): Michael Marrese , Mark Lutz , Tapio Saavalainen , Vincent Koen , Biswajit Banerjee , and Thomas Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557755193

Keywords: inflation, exchange rate, monetary policy, monetary fund, capital inflows

In mid-1992, each of the Baltic countries adopted comprehensive stabilization and reform programs. Economic conditions were very difficult; real output was falling sharply, and prices were soaring. To a larg...

II The Decline in Output

II The Decline in Output »

Source: Policy Experiences and Issues in the Baltics, Russia, and Other Countries of the Former Soviet Union

Series: Occasional Papers

Author(s): Daniel Citrin , and Ashok Lahiri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1995

ISBN: 9781557755186

Keywords: inflation, exchange rate, money stock, monetary policy, central bank

Jonathan Anderson, Daniel A. Citrin, Ashok K. Lahiri The poor and deteriorating growth performance of the economy of the U.S.S.R. from the mid-1970s to late 1980s was a major...

II The Transformation Path in the Czech Republic

II The Transformation Path in the Czech Republic »

Source: Road Maps of the Transition : The Baltics, the Czech Republic, Hungary, and Russia

Series: Occasional Papers

Author(s): Michael Marrese , Mark Lutz , Tapio Saavalainen , Vincent Koen , Biswajit Banerjee , and Thomas Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557755193

Keywords: inflation, exchange rate, monetary policy, monetary fund, capital inflows

It is a common perception that among Central and East European countries the Czech Republic has been most successful to date in moving to a market-oriented economy. Macroeconomic developments, especially as...

III Developments and Challenges in Hungary

III Developments and Challenges in Hungary »

Source: Road Maps of the Transition : The Baltics, the Czech Republic, Hungary, and Russia

Series: Occasional Papers

Author(s): Michael Marrese , Mark Lutz , Tapio Saavalainen , Vincent Koen , Biswajit Banerjee , and Thomas Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 1995

ISBN: 9781557755193

Keywords: inflation, exchange rate, monetary policy, monetary fund, capital inflows

In contrast to other previously centrally planned countries in Central and Eastern Europe, Hungary has always been distinguished by the “gradualist” approach it has taken toward economic and institutional re...