Real exchange rates in the transition region have been relatively volatile over the past two decades, with major … region saw significant real appreciation of currencies, and the post-crisis period during which real exchange rates have been … mostly stable or depreciating. In broad terms, real exchange rates have tended to move in line with GDP growth and …

Ukraine and Russia) to form currency boards to end their prolonged periods of distress. Indonesia fretted with the idea of … features. Both Russia and Ukraine are trying to seek accession to the EMU. To be successful in this endeavour, they must … circumstances. Russia and Ukraine were not facing economic chaos at the time when proposals were being made for them to implement …

, Lithuania, Poland, Romania, and Russia) for the periods of 1995-2011. The results of the paper show that uni-directional linear … Romania) and a feedback exists between two markets for only Russia when both linear and nonlinear Granger causality are used. …The existence of causation linkage between stock prices and exchange rates is one of the popular debate especially …

, Lithuania, Poland, Romania, and Russia) for the periods of 1995-2011. The results of the paper show that uni-directional linear … Romania) and a feedback exists between two markets for only Russia when both linear and nonlinear Granger causality are used. …The existence of causation linkage between stock prices and exchange rates is one of the popular debate especially …

The dramatic events in Asia and Russia, and the contagion they have spread, have generated a torrent of commentary … about exchange rates, hot money, and exchange controls. As someone who was deeply involved in Indonesia and who predicted …

Twelve of the 29 transition economies in Europe and Central Asia are high remittance recipients, with average … transition economies. Local currency and U.S. dollar real unit labor costs rose much faster between 2003 and 2015-17 in the high … remittance recipient economies than in the other transition economies, although there was considerable variance between the …

regime can best be characterised as a discretionary crawling peg to the US dollar. We suggest that a discretionary crawling … peg to the US dollar is the optimal and logical choice for China and it will probably be quite some time before China …