Contributions

  • Fabrizio, Stefania. - Contributor
  • Xiao, Yuan. - Contributor
  • International Monetary Fund. - Contributor

Publication

2004 - International Monetary Fund, Washington, D.C, District of Columbia

Language

English

Word Count

17,250 words, Guess

Page Count

69 pages

Identifiers

Classifications

  • LCCHC240.25.B29 B87 2004

Description

Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent external performance, however, appears to be explained more by temporary or cyclical developments than by a deterioration in the underlying competitive position of the Baltic economies. 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 upon joining the EU, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date.--Publisher's description.

Subjects

Topics

CompetitionEuropean UnionEconomic conditionsForeign exchange ratesCompetition -- Baltic States.European Union -- Baltic States.Baltic states, economic conditions

Places

Other Editions

  • The Baltics: competitiveness on the eve of EU accessionInternational Monetary Fund2004-01-01

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