Series: IMF Working Papers
Author(s): Piritta Sorsa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 1999
Keywords: exchange rates, exchange rate, real exchange rate, balance of payments, transition economies, trade policies
Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeco...