Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 12
... important issues of continuing with macroeconomic stabilisation and structural reforms . Mrs Cas Granje and Mr Glomb ( German Ministry of Finance ) also emphasised that , at this stage , it was important to focus primarily on achieving ...
... important issues of continuing with macroeconomic stabilisation and structural reforms . Mrs Cas Granje and Mr Glomb ( German Ministry of Finance ) also emphasised that , at this stage , it was important to focus primarily on achieving ...
Page 97
... important commodities and a small share of labour costs in production cost structure . Furthermore , in terms of reforms , Lithuania would be pushed several years back as it would lose important aspects of macroeconomic stability : low ...
... important commodities and a small share of labour costs in production cost structure . Furthermore , in terms of reforms , Lithuania would be pushed several years back as it would lose important aspects of macroeconomic stability : low ...
Page 107
... important instrument creating immediate domestic liquidity and settlement buffers and stabilising overnight interest rates . As the requirement ( except the daily minimum ) has to be fulfilled on monthly average basis it can be ...
... important instrument creating immediate domestic liquidity and settlement buffers and stabilising overnight interest rates . As the requirement ( except the daily minimum ) has to be fulfilled on monthly average basis it can be ...
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Common terms and phrases
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