Central Bank of Nigeria Library

The Baltics :

Burgess, Robert (Robert Mark)

The Baltics : competitiveness on the eve of EU accession / Robert Burgess, Stefania Fabrizio, Yuan Xiao. - Washington, D.C. : International Monetary Fund, c2004. - x, 69 p. : ill. ; 28 cm.

"Special issues paper ... based on a staff background paper for the 2003 Article IV consultations between the International Monetary Fund and the Republic of Estonia, the Republic of Latvia, and the Republic of Lithuania"--Pref.

Includes bibliographical references (p. 64-69).

Overview -- Introduction -- Assessing competitiveness -- Productivity developments in the Baltics -- Equilibrium real exchange rates -- Conclusions and policy implications -- Appendix 1. Estimating equilibrium real exchange rates in the Baltics in a cointegration framework.

This book assesses the competitive position of the Baltic countries and focuses, in particular, on the viability of the countries; strategy of maintaining their fixed exchange rates on joining the European Union, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date.

9781589063260

2004303042


European Union--Baltic States.


Foreign exchange rates--Baltic States.
Competition--Baltic States.


Baltic States--Economic conditions.

HC240.25.B29 / B87 2004

332.45'09479