Sustainable Real Exchange Rates in the New Eu Member States

Download Sustainable Real Exchange Rates in the New Eu Member States PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1455205281
Total Pages : 25 pages
Book Rating : 4.4/5 (552 download)

DOWNLOAD NOW!


Book Synopsis Sustainable Real Exchange Rates in the New Eu Member States by : Ms.Katerina Smídková

Download or read book Sustainable Real Exchange Rates in the New Eu Member States written by Ms.Katerina Smídková and published by International Monetary Fund. This book was released on 2010-08-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real exchange rate misalignments and projections of sustainable real exchange rates. We find that real misalignments in several countries with pegged exchange rates and excessive external liabilities widened relative to earlier estimates. While countries with balanced net trade positions are expected to continue to experience appreciation during 2010-2014, several currencies are likely to require real depreciation to maintain sustainable net external debt. Our estimates point to somewhat larger disequilibria than those of IMF country teams, however, any estimates of equilibrium exchange rates are subject to sizable uncertainty.

Sustainable Real Exchange Rates in the New EU Member States

Download Sustainable Real Exchange Rates in the New EU Member States PDF Online Free

Author :
Publisher :
ISBN 13 : 9789279111792
Total Pages : 71 pages
Book Rating : 4.1/5 (117 download)

DOWNLOAD NOW!


Book Synopsis Sustainable Real Exchange Rates in the New EU Member States by : Jan Babecký

Download or read book Sustainable Real Exchange Rates in the New EU Member States written by Jan Babecký and published by . This book was released on 2009 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This study analyses the various macroeconomic opportunities and challenges created by the foreign direct investment (FDI) inflows in the new member states. This essay focuses on the various macroeconomic opportunities and challenges created by the foreign direct investment (FDI) inflows in the new member states (NMS). We question whether the macroeconomic performance of the NMS is furthered through the FDI's overall positive impact on the trade balance or whether it can actually worsen the performance. Our findings suggest that in some NMS the integration gain, foreseen by the financial markets, may be reflected in a sustainable appreciation of the real exchange rate. Such real appreciation is in most cases moderate enough to allow for smooth nominal convergence required for to the euro adoption. In some cases, however, this appreciation is very fast, especially in the NMS with a low net external debt and massive FDI inflows, making it challenging to fulfill the Maastricht criteria. The Maastricht criteria may be difficult to meet also in those NMS where FDI has been channeled predominantly into services, housing construction, or nontradable sectors in general. In these countries we observe increasing net external debt without a corresponding improvement in the trade balance and these economies might be required to depreciate their currencies in real terms to sustain the external balance."--Document home p.

Five Years of an Enlarged EU

Download Five Years of an Enlarged EU PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642125166
Total Pages : 275 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Five Years of an Enlarged EU by : Filip Keereman

Download or read book Five Years of an Enlarged EU written by Filip Keereman and published by Springer Science & Business Media. This book was released on 2010-07-23 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fifth Enlargement that took place in 2004 and 2007 was a milestone in the history of the European Union. Not only because of the large number of acceding countries but also because of their recent political and economic experience. Ten of them had undergone a profound transition from a totalitarian regime to democracy, and from a centrally planned economy to a market-based system. Most of them had income levels signi?cantly below those of the then EU-15. Now, 6 years later, we can clearly see that the process of European integration, both before and after 2004, was what enabled Europe to overcome the gaps between various parts of the continent. The enlargement made Europe a better and wealthier place and streng- ened its position in the world. Integration into the European Union has always been one of the strongest incentives for reform in the new Member States. Particularly important in my view have been the development of ?nancial markets through foreign direct investment and capital in?ows, and the opening of labour markets – which was a two-way phenomenon, with markets being opened up in acceding as well as the incumbent Member States. The Fifth Enlargement was thus an exercise of glo- lisation in miniature, a practice run for the Union to tackle the challenges of the ever smaller world.

Sustainable Development in the European Union

Download Sustainable Development in the European Union PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Sustainable Development in the European Union by :

Download or read book Sustainable Development in the European Union written by and published by . This book was released on 2016 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This Eurostat publication, entitled "Sustainable development in the European Union - A statistical glance from the viewpoint of the UN Sustainable Development Goals", provides an overview of the current situation of the EU and its Member States on sustainable development in relation to the Sustainable Development Goals (SDGs). This publication follows a strictly descriptive approach, presenting a purely statistical picture based on facts and figures. It provides rather a snapshot of the starting position of the EU and its Member States and is not intended as a regular SDG monitoring exercise at EU level. The analysis in this publication is based on a limited number of indicators, which are relevant to the EU perspective and capture the broader objective and ambition of each SDG. Each goal is analysed through two to four indicators. In total, 51 indicators are presented in the report, mainly obtained from the European Statistical System and disseminated by Eurostat. The analysis of Member States' performance and international comparisons focus on the most recent year for each indicator. EU-28 trends over time are also presented, covering the period from 2000 or 2002 up to the most recent year for which data are available (2014 or 2015)."--Back cover.

Europe in 12 Lessons

Download Europe in 12 Lessons PDF Online Free

Author :
Publisher :
ISBN 13 : 9789279535901
Total Pages : 114 pages
Book Rating : 4.5/5 (359 download)

DOWNLOAD NOW!


Book Synopsis Europe in 12 Lessons by : Pascal Fontaine

Download or read book Europe in 12 Lessons written by Pascal Fontaine and published by . This book was released on 2017 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Euroarea and the New EU Member States

Download The Euroarea and the New EU Member States PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 1403938687
Total Pages : 261 pages
Book Rating : 4.4/5 (39 download)

DOWNLOAD NOW!


Book Synopsis The Euroarea and the New EU Member States by : Lucio Vinhas De Souza

Download or read book The Euroarea and the New EU Member States written by Lucio Vinhas De Souza and published by Springer. This book was released on 2003-11-19 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection analyses the monetary and exchange rate strategies of the EU accession countries during the EMU (pre-) accession phase and also policy questions that will appear upon Euroarea entry. Written by specialists in the field, it is a must-read for all economists with an interest in the rapidly evolving economies of the future EU member states.

Estonia, the New EU Economy

Download Estonia, the New EU Economy PDF Online Free

Author :
Publisher : Ashgate Publishing, Ltd.
ISBN 13 : 9780754645610
Total Pages : 400 pages
Book Rating : 4.6/5 (456 download)

DOWNLOAD NOW!


Book Synopsis Estonia, the New EU Economy by : Helena Hannula

Download or read book Estonia, the New EU Economy written by Helena Hannula and published by Ashgate Publishing, Ltd.. This book was released on 2006 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estonia is regarded by many as one of the most hopeful cases for the integration of eastern Europe into the enlarged European Union. It provides positive examples of how the integration process can be well handled, but at the same time some of the contentious issues this can give rise to. This book assesses the tensions involved in the development of the Estonian economy in terms of growth, convergence, financial development, labour reallocation, structural and organizational change, and the role of foreign companies and international networks. The analysis of Estonia is placed within a broader context and among a wider set of nations, and thus aims at understanding the potential for growth and structural change in the eastern part of the enlarged EU. In these and related fields, the book seeks to draw lessons from Estonia for other new (and indeed future) EU accession countries.

Exchange Rates and Macroeconomic Dynamics

Download Exchange Rates and Macroeconomic Dynamics PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 0230582699
Total Pages : 255 pages
Book Rating : 4.2/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Exchange Rates and Macroeconomic Dynamics by : P. Karadeloglou

Download or read book Exchange Rates and Macroeconomic Dynamics written by P. Karadeloglou and published by Springer. This book was released on 2008-02-13 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the PPP persistence puzzle, and econometric aspects of exchange rate dynamics and their implications. It also explores the importance of exchange rate dynamics in the pass-through effects (PTE) and the econometric aspects of the exchange rates dynamics linked to structural shocks on different economies.

Romania

Download Romania PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451832893
Total Pages : 65 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Romania by : International Monetary Fund

Download or read book Romania written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-07-02 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for the 2008 Article IV Consultation of Romania reviews the issues to tighten fiscal policy, putting less of the stabilization burden on the fledgling inflation-targeting framework. GDP growth has remained strong, underpinned by massive capital inflows. Executive Directors observed that large capital inflows related to Romania’s accession to the European Union, compounded by procyclical fiscal policies, have contributed to booms in domestic demand and credit and emerging capacity constraints. They recommended that structural reform efforts be relaunched to support per capita income convergence to EU levels.

Currency and Competitiveness in Europe

Download Currency and Competitiveness in Europe PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1848445091
Total Pages : 337 pages
Book Rating : 4.8/5 (484 download)

DOWNLOAD NOW!


Book Synopsis Currency and Competitiveness in Europe by : Klaus Liebscher

Download or read book Currency and Competitiveness in Europe written by Klaus Liebscher and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competitiveness is a notoriously slippery concept. This volume, featuring a galaxy of economic stars, lends some much-needed precision to the term and the debate over its determinants. Barry Eichengreen, University of California, Berkeley, US This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing the role of exchange rates in reinforcing economic competitiveness. The overall focus is on highlighting the link between currency developments and the real side of the economy. From a regional perspective, the contributions centre on developments in Central, Eastern and South-eastern Europe and thus put a special emphasis on aspects of transition and convergence. More specifically, the book addresses key issues of financial globalization and global imbalances; the role of macroeconomic fundamentals in exchange rate economics; the role, objectives and challenges of regional monetary unions; exchange rate dynamics in transition economies and the competitiveness of catching-up countries. It also addresses the structural aspects of competitiveness and the significance of qualitative and quantitative aspects of competitiveness. Offering the views of eminent academics and professionals, this book will be of great interest to economists and central bankers as well as to international organizations, universities and research institutes.

Europe, Globalization and the Lisbon Agenda

Download Europe, Globalization and the Lisbon Agenda PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 184844608X
Total Pages : 421 pages
Book Rating : 4.8/5 (484 download)

DOWNLOAD NOW!


Book Synopsis Europe, Globalization and the Lisbon Agenda by : Maria Jo¬o Rodrigues

Download or read book Europe, Globalization and the Lisbon Agenda written by Maria Jo¬o Rodrigues and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lisbon Agenda aims to prepare Europe for globalization by updating European policies for research, innovation, competition, trade, employment, education, social protection, environment and energy at both the European and national levels. Designed to inspire the new cycle of the Lisbon Agenda until 2010 and beyond, this timely and significant volume explores the intellectual elaboration of the agenda for the coming years. With contributions from some of Europe s leading scholars, this book explores new developments in the European agenda for globalization, addressing four critical areas: European policies, their adaptation to national diversity in Europe, their implications for the external action of the European Union and, finally, their implications for EU governance. This book presents the outcome of an organized dialogue between the political and research communities. Europe, Globalization and the Lisbon Agenda will undoubtedly prove an outstanding addition to the current literature and will be an invaluable resource for European policy-makers, governments and academics from a wide range of disciplines who are concerned about the future competitiveness of Europe.

Five Years of an Enlarged EU

Download Five Years of an Enlarged EU PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 260 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Five Years of an Enlarged EU by : European Commission. Directorate-General for Economic and Financial Affairs

Download or read book Five Years of an Enlarged EU written by European Commission. Directorate-General for Economic and Financial Affairs and published by . This book was released on 2009 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. introduction - 2. Five years in the EU: achievements and experiences - 3. Goods and services in an enlarged EU - 4. Capital markets in an enlarged EU - 5. The free movement of labour in an enlarged EU - 6. Integrating in the EU or in the world - 7. Enlargement and the EU policy framework.

Monetary and Exchange Rate Systems

Download Monetary and Exchange Rate Systems PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958674
Total Pages : 304 pages
Book Rating : 4.9/5 (586 download)

DOWNLOAD NOW!


Book Synopsis Monetary and Exchange Rate Systems by : Louis-Philippe Rochon

Download or read book Monetary and Exchange Rate Systems written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining critical perspectives with a positive contribution to economic policy, both national and international, this book considers the causes and consequences of recent financial crises presenting cutting-edge material.

Real Convergence in Central, Eastern and South-Eastern Europe

Download Real Convergence in Central, Eastern and South-Eastern Europe PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 0230235433
Total Pages : 221 pages
Book Rating : 4.2/5 (32 download)

DOWNLOAD NOW!


Book Synopsis Real Convergence in Central, Eastern and South-Eastern Europe by : R. Martin

Download or read book Real Convergence in Central, Eastern and South-Eastern Europe written by R. Martin and published by Springer. This book was released on 2009-02-27 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together policymakers, high-level practitioners, academics, and experts from central banks and international institutions in order to review key policy challenges for convergence in the region of central, eastern and south-eastern Europe. Contributions focus especially on inflation, growth, migration and the balance of payments.

Sustainability of External Imbalances

Download Sustainability of External Imbalances PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3658070919
Total Pages : 336 pages
Book Rating : 4.6/5 (58 download)

DOWNLOAD NOW!


Book Synopsis Sustainability of External Imbalances by : Angélique Herzberg

Download or read book Sustainability of External Imbalances written by Angélique Herzberg and published by Springer. This book was released on 2014-08-28 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large body of theoretical and empirical literature on sustainability of external imbalances, a systematic survey has been lacking so far. Angélique Herzberg fills this gap by examining a broad range of established sustainability measures concerning their applicability to the various global and intra-euro imbalances of the recent past. Furthermore, the author examines the existence of feedback effects from an economy ́s net international investment position to its trade balance.

Economic Convergence and Divergence in Europe

Download Economic Convergence and Divergence in Europe PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781951286
Total Pages : 498 pages
Book Rating : 4.9/5 (512 download)

DOWNLOAD NOW!


Book Synopsis Economic Convergence and Divergence in Europe by : Gertrude Tumpel-Gugerell

Download or read book Economic Convergence and Divergence in Europe written by Gertrude Tumpel-Gugerell and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge : 1. Introductory session. - 2. Past convergence within the European Union. - 3. Accesion countries : achievements in real convergence. - 4. Accesion countries : how to balance real and nominal convergence challenges for monetary and exchange rate policy. - 5. Does the financial sector contribute to real growth? - 6. Is there somebody left out in the cold? prospects of CEE countries other than current accesion countries. - 7. Policy challenges within the (enlarged) EU : how to foster economic convergence?

Shaping the New Europe

Download Shaping the New Europe PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 0230523692
Total Pages : 444 pages
Book Rating : 4.2/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Shaping the New Europe by : M. Landesmann

Download or read book Shaping the New Europe written by M. Landesmann and published by Springer. This book was released on 2004-04-30 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together contributions on the major economic policy issues which have opened up as a result of the immanent process of European Union Enlargement. The issues analyzed range from modelling and analyzing the costs and benefits of enlargement, to challenges for macroeconomic policy both at the EU level and in the new member countries to the state of affairs in the new member countries with respect to sectoral policy reforms such as those undertaken in the financial sector and in competition policy, and the impact of enlargement on Europe's trade policy agenda.