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Currency regimes and macroeconomic indicators of the derogation EU member states from Central and Eastern Europe

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  • Silvia Kirova

Abstract

The study points out the exchange-rate regimes applicable in the seven derogation countries in Central and Eastern Europe, and the link of the regime adopted by them and their macroeconomic performance in the period 2003-2012. A review is presented of the currency regimes in these countries, highlighting the theoretical concepts on the macroeconomic consequences from the choice of a relevant regime. The results of the author's research on the inflation, economic growth, trade and the international competitiveness of the investigated countries are revealed.

Suggested Citation

  • Silvia Kirova, 2014. "Currency regimes and macroeconomic indicators of the derogation EU member states from Central and Eastern Europe," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 80-99.
  • Handle: RePEc:bas:econth:y:2014:i:2:p:80-99
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    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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