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Trade and Payments in Eastern European Economic Reform

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Author Info
Sven W. Arndt () (Lowe Institute of Political Economy, Claremont McKenna College)

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Abstract

What is the appropriate exchange rate regime for the emerging economies of Eastern Europe? Would a given regime suit all of them equally? Is there a regime that is as appropriate for the transition as for the long run? What are the relative merits of fixed and flexible rates in this context and what, if any, is the role of capital controls?

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File URL: http://lowe.claremontmckenna.edu/pdf/WP99-01.pdf
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Publisher Info
Paper provided by Lowe Institute of Political Economy in its series Working Papers with number 9901.

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Length: 11 pages
Date of creation: 1999
Date of revision:
Publication status: Published in Exchange-Rate Policies for Emerging Market Economies (Westview 1999) pages 227-238.
Handle: RePEc:loi:wpaper:9901

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Related research
Keywords: real exchange rates; non-tradeables; current account;

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Find related papers by JEL classification:
F31 - International Economics - - International Finance - - - Foreign Exchange
F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

References listed on IDEAS
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  1. C. Fred Bergsten & John Williamson, 1990. "Currency convertibility in Eastern Europe," Proceedings, Federal Reserve Bank of Kansas City, pages 35-49.
  2. Mohsin S. Khan & Peter Montiel & Bijan B. Aghevli, 1991. "Exchange Rate Policy in Developing Countries: Some Analytical Issues," IMF Occasional Papers 78, International Monetary Fund.
  3. Arndt, Sven W., 1990. "Industrial structure, competitiveness, and trade," North American Review of Economics and Finance, Elsevier, vol. 1(2), pages 217-224. [Downloadable!] (restricted)
  4. Barry, Frank G., 1987. "Fiscal policy in a small open economy An integration of the short-run, Heckscher-Ohlin and capital accumulation models," Journal of International Economics, Elsevier, vol. 22(1-2), pages 103-121, February. [Downloadable!] (restricted)
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This page was last updated on 2009-12-15.

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