Consequences Of The Euro Adoption By Central And Eastern European Cce Countries For Their Trade Flows

Author : Susan Schadler
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4.60/5 ( download)

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Download or read book Euro Adoption in Central and Eastern Europe written by Susan Schadler and published by International Monetary Fund. This book was released on 2005-04-18 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes 21 papers by various authors.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475546955
Total Pages : 40 pages
Book Rating : 4.58/5 ( download)

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Download or read book Central and Eastern Europe written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-04-07 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES 2014 marked the tenth anniversary of accession to the EU of the first group of Central and Eastern European (CEE) countries. The first NMS Policy Forum was launched in the fall of 2014 as a platform for discussing policy frameworks and issues relevant for non-euro area NMS. It brought together representatives of the six CEE countries that are EU members but are not yet in the euro area - Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania (NMS-6), as well as the ECB, the European Commission and the IMF. Discussions focused on four themes: Euro adoption: A once sizeable country risk premium associated with joining the euro area has mostly vanished, as the euro crisis has exposed flaws in the euro area’s institutional framework. Further, the crisis has illustrated both risks and benefits from adoption: monetary autonomy has proven helpful for absorbing shocks, while foreign currency mismatches—that can be much reduced with euro adoption—have shown to be a key vulnerability. Flexible labor markets, fiscal and macro-prudential policy space, and income convergence are prerequisites for successful adoption. Opting into the Banking Union (BU) before euro adoption: The lack of equal (or fully equivalent) treatment of the BU members and non-euro area opt-ins—regarding their role in the Single Supervisory Mechanism (SSM), as well as access to common liquidity and fiscal backstops—makes opting into the BU before euro adoption less attractive. Countries that would benefit most from early opt-in are those that see the BU as a way to enhance the quality and credibility of bank supervision or to gain access to larger industry-funded common backstops. The EU’s fiscal framework and pension reform: In the wake of the crisis, many NMS abolished second pillar pension funds. Further reforms to the EU’s fiscal framework are warranted to remove disincentives for setting up and maintaining second pension pillars and, more generally, for structural reforms. Making the most of the EU single market and EU Services Directive: Structural reforms to strengthen human capital, skills match, labor market efficiency, and foreign investment environment will help NMS to reap full benefits from EU integration. Further liberalization of trade in services will likely benefit the NMS-6 more than other EU members.

Author : Mr.Robert Alan Feldman
Publisher : International Monetary Fund
ISBN 13 : 1451850417
Total Pages : 64 pages
Book Rating : 4.13/5 ( download)

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Download or read book Selected Transition and Mediterranean Countries written by Mr.Robert Alan Feldman and published by International Monetary Fund. This book was released on 1998-06-01 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and Monetary Union (EMU) has a number of institutional implications for the transition countries of Central and Eastern Europe and selected Mediterranean countries that aspire to join the European Union (EU). After describing the current institutional framework for their relations with the EU, the paper examines two basic categories of institutional effects: those stemming from the need to satisfy the Maastricht convergence criteria before joining the euro area, and those stemming from the need to adopt the EU’s institutional and legal provisions in the area of EMU.

Author : Kenneth Dyson
Publisher : OUP Oxford
ISBN 13 : 0191515426
Total Pages : 400 pages
Book Rating : 4.22/5 ( download)

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Download or read book Enlarging the Euro Area written by Kenneth Dyson and published by OUP Oxford. This book was released on 2006-11-02 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to offer the first in-depth and systematic analysis of the challenges of the Euro Area and the eastward enlargement of the European Union. It focuses in particular on how the prolonged process of accession to the Euro Area is affecting domestic economic policies in the accession states of east central Europe. It contributes to Europeanization studies, comparative political economy and to studies of Economic and Monetary Union. It also provides a picture of processes of domestic transformation in such countries as the three Baltic States, Bulgaria, the Czech Republic, Hungary, Poland and Romania. The book brings together a range of recognized experts from across Europe and combines country and sectoral case studies with a thematic treatment. It begins by offering an 'outside-in' perspective, which situates the effects of EMU on the accession states in the wider context of the development of global economic norms. The second part focuses on an 'inside-out' analysis of how Euro Area accession affects the states of east central Europe - their policies, politics and public institutions. The final part assesses how Euro Area accession is affecting key policy sectors in east central Europe: financial market regulation, fiscal policies and welfare states and labour markets.

Author : Organisation for Economic Co-operation and Development
Publisher : OECD Publishing
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.78/5 ( download)

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Download or read book Migration Policies and EU Enlargement written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2001 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This conference proceedings shows that the migration flows within and from the CEECs are much more complex than a straightforward westward flow towards the European Union and North America.

Author : Ruud A. de Mooij
Publisher :
ISBN 13 : 9789055390977
Total Pages : 106 pages
Book Rating : 4.76/5 ( download)

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Download or read book The Economic Impact of EU Enlargement written by Ruud A. de Mooij and published by . This book was released on 2000 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4.07/5 ( download)

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Download or read book Biblio East written by and published by . This book was released on 1993 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : European Environment Agency
Publisher :
ISBN 13 :
Total Pages : 460 pages
Book Rating : 4.38/5 ( download)

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Download or read book Environment in the European Union at the Turn of the Century written by European Environment Agency and published by . This book was released on 1999 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite more than 25 years of Community Environmental Policy - which has been successful in its own terms - general environmental quality in the European Union is not recovering significantly, and in some areas, it is worsening. This present report confirms both that situation and the fact that the unsustainable development of some economic sectors is the major barrier to improvement. Up to now what has been missing has been an assessment of whether the actual economic, sectoral and environmental policies over the next decade or so will bring improvements, or whether there are trends and developments pushing us off target and seriously challenging substantial progress. This report is designed to address this issue, providing information on the current state and future trends that is of direct use for deciding on sound and effective measures to really improve and protect the environment and move towards more sustainable development."--Editor.

Author : Sebastian Edwards
Publisher : University of Chicago Press
ISBN 13 : 0226184994
Total Pages : 699 pages
Book Rating : 4.99/5 ( download)

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Download or read book Capital Controls and Capital Flows in Emerging Economies written by Sebastian Edwards and published by University of Chicago Press. This book was released on 2009-02-15 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In Capital Controls and Capital Flows in Emerging Economies, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations. In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturity of the resulting external debt and reducing macroeconomic vulnerability. This volume is essential reading for all those interested in emerging nations and the costs and benefits of restricting international capital flows.

Author : United Nations
Publisher : United Nations
ISBN 13 : 9290687894
Total Pages : 492 pages
Book Rating : 4.94/5 ( download)

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Download or read book World Migration Report 2020 written by United Nations and published by United Nations. This book was released on 2019-11-27 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2000, IOM has been producing world migration reports. The World Migration Report 2020, the tenth in the world migration report series, has been produced to contribute to increased understanding of migration throughout the world. This new edition presents key data and information on migration as well as thematic chapters on highly topical migration issues, and is structured to focus on two key contributions for readers: Part I: key information on migration and migrants (including migration-related statistics); and Part II: balanced, evidence-based analysis of complex and emerging migration issues.