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Currency Substitution in Eastern Europe Author info | Abstract | Publisher info | Download info | Related research | Statistics Bas van Aarle
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Economical and political instability that prevailed in most Eastern European countries after reforming programs stimulates strong increase of currency substitution. An important impact of currency substitution is a reduction of controlling of monetary equilibrium by monetary institutions. It could results in higher instability of exchange rate and inflation. From the view of public finance the currency substitution produce that tax base is more elastic considering taxation. The text analyses currency substitution in the Hungary, Poland, Romania and Bulgaria.
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Article provided by University of Economics, Prague in its journal Politická ekonomie .
Volume (Year): 1997 (1997)
Issue (Month): 2 ()
Pages:
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Handle: RePEc:prg:jnlpol:v:1997:y:1997:i:2:id:272Contact details of provider: Postal: nam. W. Churchilla 4, 130 67 Praha 3 Phone: (02) 24 09 51 11 Fax: (02) 24 22 06 57 Web page: http://www.vse.cz/ More information through EDIRC
Order Information: Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3 Email: Web: http://www.vse.cz/polek/
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Bordo, Michael D & Choudhri, Ehsan U, 1982.
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Clements, Benedict & Schwartz, Gerd, 1993.
"Currency substitution: The recent experience of Bolivia ,"
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Gérard Duchêne & Ramona Jimborean & Boris Najman, 2006.
"Structure of Monetary Assets in Transition Economies: Financial Innovation and Structural Transformation ,"
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W.H. Buiter, 1997.
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Vetlov, Igor, 2001.
"Dollarization in Lithuania: An Econometric Approach ,"
BOFIT Discussion Papers
1/2001, Bank of Finland, Institute for Economies in Transition.
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Henrik Müller, 1999.
"From dollarisation to euroisation ,"
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Piontkovsky Ruslan, 2003.
"Dollarization, Inflation Volatility and Underdeveloped Financial Markets in Transition Economies ,"
EERC Working Paper Series
03-02e, EERC Research Network, Russia and CIS.
[Downloadable!]
Harrison , Barry & Vymyatnina, Yulia, 2007.
"Currency substitution in a de-dollarizing economy: The case of Russia ,"
BOFIT Discussion Papers
3/2007, Bank of Finland, Institute for Economies in Transition.
[Downloadable!]
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