Author: | Brabant, J. M. van |
Title: | Exchange-rate policy, EU integration, and catch-up modernization |
Journal: | Russian and East European Finance and Trade
2002 : JAN-FEB, VOL. 38:1, p. 5-30 |
Index terms: | EUROPEAN INTEGRATION EUROPEAN UNION EXCHANGE RATES |
Freeterms: | MODERNIZATION |
Language: | eng |
Abstract: | This paper addresses some of the potential conflicts between rapid integration into the European Union and engineering catch-up modernization by focusing on exchange-rate policies. By combining real and nominal convergence issues with institutional change following EU accession, the author sketches a novel perspective on the debate regarding the desirable post-accession transition regime for EiTs, given their economic, political, and social realities. |
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