Limit search to available items
Book Cover
E-book
Author Burgess, Robert (Robert Mark), author.

Title The Baltics : competitiveness on the eve of EU accession / Robert Burgess, Stefania Fabrizio, Yuan Xiao
Published Washington, D.C. : International Monetary Fund, ©2004

Copies

Description 1 online resource (x, 69 pages) : illustrations
Contents Overview -- Introduction -- Assessing competitiveness -- Productivity developments in the Baltics -- Equilibrium real exchange rates -- Conclusions and policy implications -- Appendix 1. Estimating equilibrium real exchange rates in the Baltics in a cointegration framework
Summary 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
Bibliography Includes bibliographical references (pages 64-69)
Notes Print version record
Subject European Union
SUBJECT European Union. fast (OCoLC)fst00916630
Subject Foreign exchange rates -- Baltic States
Competition -- Baltic States
Competition.
Economic history.
Foreign exchange rates.
Economische situatie.
Concurrentiepositie.
Europese Unie.
SUBJECT Baltic States -- Economic conditions
Subject Baltic States.
Form Electronic book
Author Fabrizio, Stefania.
Xiao, Yuan.
International Monetary Fund.
ISBN 1462339123
9781462339129
1452791716
9781452791715