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Euro Adoption in Central and Eastern Europe
			: Opportunities and Challenges

Euro Adoption in Central and Eastern Europe : Opportunities and Challenges »

Series: Seminar Volumes

Author(s): Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2005

DOI: http://dx.doi.org/10.5089/9781589063709.072

ISBN: 9781589063709

Keywords: exchange rate, inflation, monetary policy, monetary union, exchange rate stability

Eight central and eastern European countries--the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovak Republic, and Slovenia--officially joined the European Union (EU) in May 2004. This auspicious m...

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

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

DOI: http://dx.doi.org/10.5089/9781484375402.086

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 and wages, remains the main engin...

Republic of Slovenia: Selected Issues and Statistical Appendix

Republic of Slovenia: Selected Issues and Statistical Appendix »

Source: Republic of Slovenia : Selected Issues and Statistical Appendix

Volume/Issue: 2004/149

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 May 2004

ISBN: 9781451835724

Keywords: inflation, exchange rate, monetary policy, real wages, international monetary fund

This Selected Issues paper provides a quantitative assessment of the determinants of inflation in Slovenia, and evaluates the likelihood of the Maastricht inflation criterion being met. It concludes that on the bas...

Republic of Slovenia: Selected Issues and Statistical Appendix

Republic of Slovenia: Selected Issues and Statistical Appendix »

Source: Republic of Slovenia : Selected Issues and Statistical Appendix

Volume/Issue: 2004/149

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 May 2004

ISBN: 9781451835724

Keywords: inflation, exchange rate, monetary policy, real wages, international monetary fund

This Selected Issues paper provides a quantitative assessment of the determinants of inflation in Slovenia, and evaluates the likelihood of the Maastricht inflation criterion being met. It concludes that on the bas...

Slovenia

Slovenia »

Source: Slovenia : Selected Issues

Volume/Issue: 2000/56

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2000

ISBN: 9781451835687

Keywords: exchange rate, monetary policy, foreign exchange, relative price, interest rates

The Bank of Slovenia (BoS) officially pursues a policy aimed at lowering inflation to European levels and maintaining the stability of the currency. Since 1997, the intermediate target of the BoS has been the growt...

Inflation Differentials in the EU

Inflation Differentials in the EU »

Source: Inflation Differentials in the EU : A Common (Factors) Approach with Implications for EU8 Euro Adoption Prospects

Volume/Issue: 2008/21

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2008

ISBN: 9781451868838

Keywords: generalized dynamic factors model, euro adoption, central bank, price level, monetary policy, relative price,

This paper explores inflation determinants within the EU and implications for new members' euro adoption plans. Factor analysis partitions observed inflation in EU25 countries into common-origin and country-specifi...

I Introduction

I Introduction »

Source: Euro Adoption in Central and Eastern Europe : Opportunities and Challenges

Series: Seminar Volumes

Author(s): Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2005

ISBN: 9781589063709

Keywords: exchange rate, inflation, monetary policy, monetary union, exchange rate stability

The accession in 2004 of eight central European countries (CECs) to the European Union (EU) marks the end of the first phase of the integration of these economies with Western Europe. These eight countries h...

2 Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining the EMU

2 Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining the EMU »

Source: Euro Adoption in Central and Eastern Europe : Opportunities and Challenges

Series: Seminar Volumes

Author(s): Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2005

ISBN: 9781589063709

Keywords: exchange rate, inflation, monetary policy, monetary union, exchange rate stability

Ten countries acceded to the European Union (EU) in 2004, including five in Central Europe and the three Baltic republics (along with Cyprus and Malta). Should they also join the European Monetary Union (EMU...

Comments on “Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining the EMU,” by Jean-Philippe Cotis

Comments on “Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining the EMU,” by Jean-Philippe Cotis »

Source: Euro Adoption in Central and Eastern Europe : Opportunities and Challenges

Series: Seminar Volumes

Author(s): Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2005

ISBN: 9781589063709

Keywords: exchange rate, inflation, monetary policy, monetary union, exchange rate stability

Let me say at the outset that I liked this paper a lot. It offers a comprehensive assessment of the empirical evidence on real cyclical convergence through the trade channel. It also provides a thought-provo...

3 Real Convergence, Economic Dynamics, and the Adoption of the Euro in the New European Union Member States

3 Real Convergence, Economic Dynamics, and the Adoption of the Euro in the New European Union Member States »

Source: Euro Adoption in Central and Eastern Europe : Opportunities and Challenges

Series: Seminar Volumes

Author(s): Susan Schadler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2005

ISBN: 9781589063709

Keywords: exchange rate, inflation, monetary policy, monetary union, exchange rate stability

Real convergence—generally understood as income catching-up—is arguably the most important challenge for the new member states and one of the great opportunities of an expanded European Union (EU). In additi...