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General Equilibrium Analysis of Albania's Integration with the EU and South Eastern Europe

Kolesnichenko, Anna - 2009

Albania. We study the impact of implementation of the Stablization and Association Agreement, free trade agreements with South … indicate that Albania has a lot to gain from further integration with its neighbors and the EU. However, the benefits from … regional integration can only be realized as long as Albania gains better access for its exports on regional markets …

Persistent link: https://www.econbiz.de/10013157655

Euro Zone Crisis and EU Governance : Tackling a Flawed Design and Inadequate Policy Arrangements

Daianu, Daniel - 2012

This paper focuses on roots of strain in the European Monetary Union (EMU). It argues that there is need for a thorough reform of the governance structure of the Union in conjunction with radical changes in the regulation and supervision of financial markets. Financial intermediation has gone...

Persistent link: https://www.econbiz.de/10013111940

Macroeconomic Policies : Stabilization and Transition in Former Czechoslovakia and in the Czech Republic

Hrnčíř, Miroslav; Klacek, Jan - 2010

Paper discusses reform process in the Czech Republic (and former Czechoslovakia), which after some preparations in 1990 started in 1991 has been implemented along two major reform lines: - microeconomic restructuring including privatization, liberalization of prices and markets, and - creation...

Persistent link: https://www.econbiz.de/10014046215

Sustainable Adjustment of Global Imbalances

Barrell, Ray; Holland, Dawn; Hurst, Ian - 2009

This paper uses NIESR’s global econometric model, NiGEM, to analyse possible adjustment paths for the US current account, if its current level of 6 per cent of GDP proves unsustainable. Nominal exchange rate shifts have only a transitory impact on current account balances, so any long-term...

Persistent link: https://www.econbiz.de/10014206132

Exit In The Framework Of Macro-Economic Shocks And Policy Responses During Transition : A Cross-Country Comparison

Rostowski, Jacek - 2009

Enterprises in post-communist economies have been subject to a wide range of shocks as the old economic order has been swept away. It has been claimed that among the most important of these shocks have been: elimination of soft budget constraints, foreign trade shocks, and over-devaluation. The...

Persistent link: https://www.econbiz.de/10013156218

Fiscal Consolidation in Central Europe in Preparation for Accession to the European Union

Orłowski, Lucjan T. - 2009

This paper focuses on adjustments in fiscal policy in five CEC’s whose accession seems to be politically most feasible, and who have expressed the strongest desire to join the Union. They include: Poland, the Czech Republic, Slovakia, Hungary, and Slovenia. Fiscal consolidation in these...

Persistent link: https://www.econbiz.de/10014203968

Poland's Accession to the EMU

Radziwill, Artur - 2009

This paper is focused on the development of a proper macroeconomic strategy in the process of Poland's accession to the European Monetary Union. It is argued that due to legal and political considerations Poland may not opt out from EMU participation. The country will however command net gains...

Persistent link: https://www.econbiz.de/10014205622

Agriculture of the Czech Republic, Hungary and Poland in Perspective of Joining Common Agricultural Policy - With Some Fiscal Remarks

Zawalinska, Katarzyna - 2014

This paper discusses problems connected with the accession of Central European Countries (CECs) to the Common Agricultural Policy (CAP). A lot of attention is given to the analysis of the agricultural situation and prospects in the Czech Republic, Hungary and Poland. Also the evolution and the...

Persistent link: https://www.econbiz.de/10014205659

European Union Financial Transfers to Applicant Countries

Tomczynska, Magdalena - 2009

The overall financial framework of the EU for the years 2000-2006 provides for specific transfers in favour of the applicant countries during future eastern enlargement. The purpose of this study is to evaluate the budgetary implications for the applicants joining the Union. Generally, the...

Persistent link: https://www.econbiz.de/10014205665

The EME Enlargement and the Choice of the Euro Conversion Rates : Theoretical and Empirical Issues

Rawdanowicz, Lukasz - 2009

The paper deals with the choice of the nominal euro conversion rates for the acceding countries upon their accession to EMU. The paper reviews theoretical models of equilibrium exchange rates as well as discusses their interpretation and the ensuing policy recommendations. Problems with...

Persistent link: https://www.econbiz.de/10014205753