European Financial Integration and Exchange Rate Regimes in Countries Applying for Admission to the EU (notice n° 468141)
[ vue normale ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 01729cam a2200205 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121053444.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Mathilde, Maurel |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | European Financial Integration and Exchange Rate Regimes in Countries Applying for Admission to the EU |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2004.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 30 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The Central and Eastern European countries (CEECs) entering the EU in May 2004 are expected to have a monetary policy compatible with the ERM-II system to eventually enter EMU (European Monetary Union). Abandoning an independent monetary policy could entail significant costs for countries in the process of catching up. However, these costs have probably been overestimated, biased by the traditional optimal currency area criteria. Firstly, these costs actually change depending on whether they are evaluated ex ante and ex post accession. Between times, financial integration is likely to increase significantly, which changes the evaluation parameters. Accession to the EU and greater capital mobility means that there is little room left for an independent monetary policy, especially in relatively small countries more vulnerable to speculative attacks. Secondly, while the link between choice of exchange rate regime and the underlying fundamentals is somewhat tenuous, the political determinants prove to be decisive. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | international capital flows |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | EU enlargement |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | accession to EMU |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | exchange rate arrangements |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 163 | 2 | 2004-06-01 | p. 17-32 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2004-2-page-17?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-economie-et-prevision-1-2004-2-page-17?lang=en&redirect-ssocas=7080</a> |
Pas d'exemplaire disponible.
Réseaux sociaux