TY - BOOK AU - Burgess,Robert AU - Fabrizio,Stefania AU - Xiao,Yuan ED - International Monetary Fund. TI - The Baltics: competitiveness on the eve of EU accession SN - 9781589063260 AV - HC240.25.B29 B87 2004 U1 - 332.45'09479 22 PY - 2004/// CY - Washington, D.C. PB - International Monetary Fund KW - European Union KW - Baltic States KW - Foreign exchange rates KW - Competition KW - Economic conditions N1 - "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 N2 - 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 ER -