Program

"Alternatives for Exchange Rate Regimes in Advanced Transition Economies"

Date: 21 September 2001,
Venue: Institute for Advanced Studies (Institut für Höhere Studien, IHS) at the Stumpergasse 56, A- 1060 (6th district), Vienna. TEL. Austria-1-59991, FAX: Austria-1-59991-162. 8.00-8.30: Arrival of conference guests and registration

8.30 - 11.00 First session. Country experiences with Exchange rate Poliy of Pre-Accession Economies.

Urmas Sepp (Bank of Estonia, Tallinn): "Aspects of the Sustainability of the Estonian CBA"

Pawel Kowalewski (Gdansk Institute for Market Economics, Gdansk): "Alternatives for Exchange Rate Regime during the Accession to the EMU: the Case of Poland"

Éva Várhegyi (Financial Research Ltd., Budapest): "The Experiences with the Crawling Peg Regime in Hungary: Benefits and Costs"

Miroslav Beblavy (Institute for Economic and Social Reforms, Bratislava): "Exchange Rate Regime in Slovakia - The Latest Experience."

Vladimir Lavrac (Institute for Economic Research, Ljubljana): "Exchange Rate Regime on the Way to EU and Euro Area Accession: the Case of Slovenia"

Discussion with moderator

11.00- 11.30: Coffee break

11.00- 13.30: Second session

Peter Backé (Oesterreichische Nationalbank, Vienna): "Price Dynamics and Exchange Rate Policies in Transition Economies"

Cezary Wójcik (Vienna Institute for International Economic Studies (WIIW), Vienna): Critical Review of Unilateral Euroization Proposals: The Case of Poland"

Pál Gáspár (International Center for Economic Growth, Budapest): "Real and Nominal Convergence on the Road towards the EMU"

Discussion with moderator

13.30-114.30 Buffet Lunch

14.30 - 17.00: Third session

Andreas Freytag (University of Cologne, Cologne): "Accession to EMU and Exchange Rate Policies in Central Europe - Decision under Institutional Constraints"

Pál Gáspár-Pawel Kowalewski: Exchange Rate Dilemmas and Options for Pre-Accession Ecoomies: Summary Paper

Discussion with moderator

17.00: End of the Meeting

19.00: Dinner