Overvalued or undervalued Euroland entry?

Hölscher, Jens and Jarmuek, Mariusz (2005) Overvalued or undervalued Euroland entry? Post-Communist economies, 17 (2). pp. 235-250. ISSN 1465-3958

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Abstract

Abstract This study addresses the question of the conversion rate upon joining the European Union with respect to the accession countries of Eastern Europe. The article argues in favour of an undervalued exchange rate in order to promote income generation in the new member countries. For this purpose a strategy of managed float is proposed. Countries not having the preconditions to pursue such a strategy should adopt a currency board arrangement.

Item Type: Journal article
Uncontrolled Keywords: Marxism & Communism; Russia -The Former Soviet Union & East European Studies;
Subjects: L000 Social Sciences > L100 Economics > L160 International economics and trade
DOI (a stable link to the resource): DOI: 10.1080/14631370500104968
Faculties: Brighton Business School > Economic and Social Transition Research Group
Depositing User: business editor
Date Deposited: 22 Feb 2008
Last Modified: 18 Jun 2010 11:31
URI: http://eprints.brighton.ac.uk/id/eprint/1787

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