The Baltics
competitiveness on the eve of EU accession
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Author
Contributions
- Fabrizio, Stefania. - Contributor
- Xiao, Yuan. - Contributor
- International Monetary Fund. - Contributor
Publication
2004 - International Monetary Fund, Washington, D.C, District of Columbia
Language
English
Word Count
17,250 words, Guess
Page Count
69 pages
Identifiers
- Open LibraryOL3328353M
- ISBN-101589063260
- OCLC Control Number56091076
- Library of Congress Control Number2004303042
Classifications
- LCCHC240.25.B29 B87 2004
Description
Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent external performance, however, appears to be explained more by temporary or cyclical developments than by a deterioration in the underlying competitive position of the Baltic economies. This book assesses the competitive position of the Baltic countries and focuses, in particular, on the viability of the countries' strategy of maintaining their fixed exchange rates upon joining the EU, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date.--Publisher's description.
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- The Baltics: competitiveness on the eve of EU accession
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