Implications of EMU for Exchange Rate Policy in Central and Eastern Europe

Implications of EMU for Exchange Rate Policy in Central and Eastern Europe
In view of the requirements of Stage 2 of European Monetary Union (EMU) for accession to the European Union, this paper examines the desirability for, and the ability of, the lead candidates in Central and Eastern Europe to participate in the new exchange rate mechanism (ERM2) and eventually in EMU. For most of these countries the benefits are... READ MORE...

Publication date: January 1999
ISBN 9781451842579
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