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

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Introduction

rship of the European Union (EU). The start of Economicand Monetary Union (EMU) in 1999 has added membership of the EMU tothe agenda for the CEEs. The task of the so-called Visègradcountries (the Czech and Slovak Republics, Hungary and Poland) ofpreparing for EU and EMU membership is the key theme u

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Vassos Karageorghis,Nota Kourou,Eleni Aloupistonia and Slovenia, with 2003 being the earliest feasible date for admission. Slovakia, because of concerns expressed about its political structures, is on the list of CEEs earmarked for a later round of negotiations regarding EU membership.

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Introduction,stonia and Slovenia, with 2003 being the earliest feasible date for admission. Slovakia, because of concerns expressed about its political structures, is on the list of CEEs earmarked for a later round of negotiations regarding EU membership.

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Book 2001ic Underpinnings andFinancial Reputation. contain new theoretical and empirical resultsand also comprehensive institutional overviews. The intendedreadership of the book is policy makers and economists working in theacademic and financial sectors.

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Optical Technologies in the Humanitiesevertheless, there is still much room for institutional improvement. A stronger commitment mechanism to fiscal targets at the preparatory stage would improve fiscal performance in all four countries. The adoption of a kind of convergence program would also be made easier if some group procedures can be adopted among them.

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Real Exchange Rate Behaviour and Resource Allocation in the Visegrad Four,ess, it is argued that the real exchange rate should be mean reverting. Evidence that the real exchange rates of Hungary and Poland have exhibited some mean reversion since the inception of the transition period is reported.

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