Current Account and Reer Misalignments in Central Eastern EU Countries: An Update Using the Macroeconomic Balance Approach

International Capital Mobility and Current Account Targeting in Central and Eastern European Countries

The paper examines the degree of financial integration in five central and eastern European economies on the basis of saving-investment correlations. A comparison with eleven member states of the European monetary union shows that the countries under review have already reached a higher degree of integration in quantitative terms. Since this approach is sensitive to current account targeting po...

Non-Price Competitiveness Gains of Central, Eastern and Southeastern European Countries in the EU Market

Relative Inflation Dynamics in the EU Accession Countries of Central and Eastern Europe

Following their EU accession, the new member countries from Central and Eastern Europe (CEE) must achieve sustainable price stability as one of the pre-conditions for joining the Economic and Monetary Union (EMU) and adopting the euro. This paper examines the distribution dynamics of inflation rates in ten EU members from CEE relative to the EMU accession benchmark inflation over the period 199...

“An Economic Assessment of the Accession of the Central and Eastern European Countries to the EU Single Market”

In 2004 the European Union is due to incorporate 10 new members, mostly from the Central and Eastern European Countries (CECs). Trade between the EU and CECs currently falls well short of that between EU countries, and if we assume this pattern reflects both tariffs and a resource cost due to regulatory differences, then 1997 trade patterns would imply such costs are 7-15% on trade between the ...

the u.s. policy in central asia and its impact on the colored revolutions in the region (the case study of tulip revolution in kyrgyzstan)

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