Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 89
... implementation of the currency board system Although experiences in some economies , including HK , suggested that the implementation of a currency board system helped restore public confidence in the domestic currency and avert crisis ...
... implementation of the currency board system Although experiences in some economies , including HK , suggested that the implementation of a currency board system helped restore public confidence in the domestic currency and avert crisis ...
Page 98
... implementation of these progressive provisions formulated in Articles 106 ( 4 ) and 108 of the EU Treaty and Protocol No. 3 serve as preconditions seeking the main objective , stability of prices . In the light of modern legal norms ...
... implementation of these progressive provisions formulated in Articles 106 ( 4 ) and 108 of the EU Treaty and Protocol No. 3 serve as preconditions seeking the main objective , stability of prices . In the light of modern legal norms ...
Page 121
... implementation . The governor is by law responsible for implementation of the monetary policy , for the general management of the central bank and for final decision making in this context . Governor is also a chairman of the Executive ...
... implementation . The governor is by law responsible for implementation of the monetary policy , for the general management of the central bank and for final decision making in this context . Governor is also a chairman of the Executive ...
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accession countries adjustment adopt the euro anchor currency assets average Bank of Estonia Bank of Lithuania banking sector banking system budget Bulgaria candidate countries capital movements cent central bank commercial banks competitiveness credibility currency board arrangement currency board system Currency Commission current account deficit debt Directorate domestic Economic and Financial Economic and Monetary economic policy EMU acquis ERMII Estonian kroon Estonian monetary euro area European Commission European Union exchange rate policy exchange rate regime exports Financial Affairs financial markets financial sector fiscal policy fixed exchange rate flexibility foreign exchange framework growth Hong Kong Honohan implementation important increase inflation integration interbank interest rates investment Irish pound joining the euro liquidity litas macroeconomic Member monetary policy monetary system Monetary Union money market nominal participation payments percent period real exchange rate reserve requirement Russian crisis seigniorage stabilisation trade transition economies wages