Series: IMF Working Papers
Author(s): Ales Bulir , and Jaromír Hurník
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2006
Keywords: ERM2, Maastricht inflation criterion, new EU member countries, monetary policy, central bank, monetary fund, national bank, International Monetary Arrangements and Institutions,
The Maastricht inflation criterion, designed in the early 1990s to bring "high-inflation" EU countries in line with "low-inflation" countries prior to the introduction of the euro, poses challenges for both new EU...