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Acting Chair’s Concluding Remarks

Acting Chair’s Concluding Remarks »

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

Adopting the Euro in Central Europe—Challenges of the Next Step in European Integration—Executive Board Seminar, February 18, 2004 95...

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

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

DOI: http://dx.doi.org/10.5089/9781589063501.084

ISBN: 9781589063501

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

Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to rep...

Back Matter

Back Matter »

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

Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to rep...

Front Matter

Front Matter »

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

Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to rep...

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,...

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...

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...

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

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

DOI: http://dx.doi.org/10.5089/9781451974119.003

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,...

Russian Federation
			: Selected Issues

Russian Federation : Selected Issues »

Volume/Issue: 2007/352

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 October 2007

DOI: http://dx.doi.org/10.5089/9781451833157.002

ISBN: 9781451833157

Keywords: exchange rate, price inflation, monetary policy

This Selected Issues paper on the Russian Federation underlies inflation persistence and evolution in response to structural shocks. Inflation in Russia has been characterized by a considerable degree of persistenc...