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Enlarging European Monetary Union

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Author Info
Amina Lahreche-Revil
Abstract

Joining the European Union implies eventually joining the monetary union. For the Central and East European Countries (CEECs), this means that the central parities of their currencies against the euro have to be defined carefully when they enter the erm Mark II. These parities need to be consistent with the requirements of nominal stability set out in the Maastricht Treaty, as well as with the needs of economic catch-up faced by the transition economies.

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File URL: http://www.cepii.fr/anglaisgraph/publications/lettre/summary/2002/let217ang.htm
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Publisher Info
Article provided by CEPII research center in its journal La Lettre du CEPII.

Volume (Year): (2002)
Issue (Month): 217 (November)
Pages:
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Handle: RePEc:cii:cepill:2002-217

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Related research
Keywords: enlargement of the euro area; european monetary integration; CEEC's; exchange rate regime; exchange rate; exchange rate policy; international monetary and financial system;

Find related papers by JEL classification:
F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
F31 - International Economics - - International Finance - - - Foreign Exchange
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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This page was last updated on 2009-12-17.

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