Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 91
... macroeconomic parameters have determined the nature of monetary and exchange rate policy developed by the Bank of Lithuania . Maintaining a stable exchange rate of the national currency against the major foreign currencies has become ...
... macroeconomic parameters have determined the nature of monetary and exchange rate policy developed by the Bank of Lithuania . Maintaining a stable exchange rate of the national currency against the major foreign currencies has become ...
Page 131
... Macroeconomic stabilisation was achieved relatively rapidly after the restoration of independence , and by the end of 1999 , the country had achieved remarkable economic performance . This good economic performance has been acknowledged ...
... Macroeconomic stabilisation was achieved relatively rapidly after the restoration of independence , and by the end of 1999 , the country had achieved remarkable economic performance . This good economic performance has been acknowledged ...
Page 167
... Macroeconomic Policy Group . EUROPE : The case for unsustainable growth , by R. Layard , G. Basevi , O. Blanchard , W. Buiter and R. Dornbusch ( April 1984 ) . Total Factor Productivity Growth and the Productivity Slowdown in the West ...
... Macroeconomic Policy Group . EUROPE : The case for unsustainable growth , by R. Layard , G. Basevi , O. Blanchard , W. Buiter and R. Dornbusch ( April 1984 ) . Total Factor Productivity Growth and the Productivity Slowdown in the West ...
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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 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