Some perspectives on currency relations between EMU and Central and East European EU accession countries |
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Affiliation: | 1. Department of Economics, Osteuropa-Institut München, Scheinerstr. 11, 81679 Munich, Germany;2. Economic and Analysis Division, UN ECE, 1211 Geneva 10, Switzerland |
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Abstract: | Central and East European prospective EU members are natural candidates for a subsequent admission to the European Monetary Union (EMU). This poses questions on (a) the optimal EMU accession time for Central European EU aspirants, and (b) the optimal exchange rate system in preparing for EMU accession. This paper discusses related issues and introduces four special issue papers on the subject. |
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