Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 93
... monetary policy instruments ( reserve requirements , open market operations and standing facilities ) with the ... monetary and financial statistics . However , in order to bring it into compliance with the ESCB statutory requirements ...
... monetary policy instruments ( reserve requirements , open market operations and standing facilities ) with the ... monetary and financial statistics . However , in order to bring it into compliance with the ESCB statutory requirements ...
Page 103
... monetary management would be a rather complex issue . Foreign trade constitutes considerably more than 100 percent of GDP ( exports and imports of goods and ... money market -- discretionary monetary policy for smoothing interest rate - 103.
... monetary management would be a rather complex issue . Foreign trade constitutes considerably more than 100 percent of GDP ( exports and imports of goods and ... money market -- discretionary monetary policy for smoothing interest rate - 103.
Page 119
... monetary policy is set up in the legislation covering two broad areas -fiscal policy and monetary policy . Economic and fiscal policy as well as policy co- ordination is operating under the State Budget Act , the Act on the Town and ...
... monetary policy is set up in the legislation covering two broad areas -fiscal policy and monetary policy . Economic and fiscal policy as well as policy co- ordination is operating under the State Budget Act , the Act on the Town and ...
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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