It takes the average reader and 26 minutes to read Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU by Mr.Paul R. Masson
Assuming a reading speed of 250 words per minute. Learn more
The more advanced Central and Eastern European Countries (CEECs) face an evolving set of considerations in choosing their exchange rate policies. On the one hand, capital mobility is increasing, and this imposes additional constraints on fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate stability problematic. On the other hand, the objectives of EU and eventual EMU membership make attractive a peg to the euro at some stage in the transition. The paper discusses these conflicting considerations, and considers the feasibility of an alternative monetary framework, inflation targeting.
Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU by Mr.Paul R. Masson is 26 pages long, and a total of 6,656 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU aloud.
Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU is suitable for students ages 8 and up.
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