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Monetary and Exchange Rate Policies, Emu and Central and Eastern Europe: Forum Report of the Economic Policy Initiative No. 5 - Tapa blanda
Reseña del editor
The continuing global crisis, in which countries on several continents have experienced banking crisis and speculative attacks on their exchange rates, reinforces the need for Europe's transition economies to find a robust strategy for macroeconomic policy in the period leading up to accession and in preparation for joining EMU. This report examines three of the issues that need to be resolved along the way. First, as transformation continues, how should policy-makers think about the actual and the desirable evolution of the real exchange rate in transition economies? Second, what nominal anchor should be adopted? Third, to what extent must any credible monetary policy be underpinned by sound fiscal policy? Implicit in all these questions is the appropriate speed of disinflation, tradeoffs between fiscal prudence and adequate government expenditure on infrastructure and regulatory capacity, and implications for capital flows and the vulnerability of the banking system.
Críticas
'This report... is an important enrichment which gives decision-makers practical significance and offers lessons of pragmatism and modesty to policy-makers in transition economies.' (Jan Bielecki, EBRD)
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- EditorialCentre for Economic Policy research
- Año de publicación1999
- ISBN 10 1898128413
- ISBN 13 9781898128410
- EncuadernaciónTapa blanda
- IdiomaInglés
- EditorAmbrus-Lakatos Lorand, Schaffer Mark E.
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Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe: EPI
Publicado por
Centre for Economic Policy Resea, 1999
ISBN 10: 1898128413
ISBN 13: 9781898128410
Antiguo o usado
Paperback
Librería: Midtown Scholar Bookstore, Harrisburg, PA, Estados Unidos de America
Calificación del vendedor: 5 de 5 estrellas
Paperback. Condición: Very Good. crisp clean w/light shelfwear/edgewear - may have remainder mark Standard-sized. Nº de ref. del artículo: 1898128413-01
Cantidad disponible: 1 disponibles
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Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe [Forum Report of the Economic Policy Initiative No. 5]
Publicado por
Centre for Economic Policy Research (CEPR), London / EastWest Institute, NY, 1999
ISBN 10: 1898128413
ISBN 13: 9781898128410
Nuevo
Paperback
Librería: Tiber Books, Cockeysville, MD, Estados Unidos de America
Calificación del vendedor: 4 de 5 estrellas
Paperback. Condición: New. . . . . 8vo, paperback. NEW. Bright, crisp & clean, unread; covers glossy. Shallow bend/curve down center of text-block from storage. 108 pp. Nº de ref. del artículo: 1091118.41
Cantidad disponible: 1 disponibles