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Financial and Monetary Integration in the New Europe - Convergence Between the EU and Central and Eastern Europe (Hardcover)
Loot Price: R4,666
Discovery Miles 46 660
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Financial and Monetary Integration in the New Europe - Convergence Between the EU and Central and Eastern Europe (Hardcover)
Expected to ship within 12 - 17 working days
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Potential new entrants to the European Union from Central and
Eastern European countries face many challenges to achieve
financial convergence with the existing EU nations. Using detailed
case studies from Bulgaria, the Czech Republic, Latvia, Lithuania
and Poland and analysis of cross country data from these regions,
Financial and Monetary Integration in the New Europe looks at the
key issues for applicant countries as they negotiate the terms of
their membership in the European Union.Of major concern to these
countries is the financial sector and its implications for economic
growth and the conduct of macroeconomic policy. The book examines,
in particular, monetary and exchange rate policies, banking
regulation and financial market efficiency. The overall impact of
building a market driven financial system on economic development
is also explored. This volume illustrates that overall, transition
countries have made great strides in transformation to market
economies and that most have experienced significant economic
growth. However, there is still some institution building to be
completed and outstanding policy issues to be resolved. Financial
and Monetary Integration in the New Europe will be of great
interest to EU and CEE policymakers and will prove useful reading
to those concerned with EU expansion and CEE economic development.
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