Titlebook: Central Europe towards Monetary Union: Macroeconomic Underpinnings and Financial Reputation; Ronald MacDonald,Rod Cross Book 2001 Springer

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Macroeconomic Policy and Institutions During the Transition to European Union Membership,ngary, Poland, and Slovakia). A Multi-Annual Fiscal Adjustment Strategy (MAFAS) and a Pre-Pegging Exchange Rate Regime (PPERR) appropriate for maintaining internal and external balance are described and evidence on budgetary procedures is presented, in comparison with those prevailing in EU member s

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Impact of Capital Inflows into the Czech Republic and Policy Responses,rtance was rather limited. Transition brought a reversal, both the volume and forms of capital flows have expanded and diversified within a few years. Since early 1990s, capital flows became a major factor of economic developments and a major issue of policy-making.

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Reforms and Development of the Banking Systems in Transition Economies,ing sound, market-oriented fmancial sector at the same time. Transition from the old monobank system of a centrally planned economy to the two tier banking system of a market economy was accompanied by market imperfections and cost a lot. Though the roots of the problems were similar in the region,

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Financial Fragility or What Went Right and What Could Go Wrong in Central European Banking?,outh East Asian and Russian crises have not led to a massive failure of banks in the region. In this paper, we study economic trends and policies that may have helped to insulate CEECs from international financial contagion. Using data available from the IMF, and the BIS for nine Central European ec

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