Macroeconomics - Publications
The paper presents the evidence concerning the growth of foreign currency denominated borrowing in the Czech Republic, Hungary, Poland and Slovakia. Despite similar economic foundations of Visegrad Countries the significant differencies experienced in foreign currency loaning have distinct long run effects.
Electricity Import Opportunities for Hungary
The purpose of this paper is to investigate potential import sources in neighbouring countries to answer the following questions. Can Hungary become more reliant on electricity import? What is the impact of these imports on the Hungarian market: is their amount insignificant enough not to change prices; great enough to lower prices and trigger a healthy competition among Hungarian producers; or could it be too large resulting in the ‘crowding out' of domestic power stations?
Bulgaria's and Romania's Progress towards EU-Accession
The 2003 Country Reports differed from the earliers', because this was the last one for the now accessing countries. The earlier type of report only remained in case of Romania and Bulgaria, who have not yet closed the negotiation process. There are craggy differences between the two countries, which are summarized in this study.
Croatia's EU Accession - When and How?
The European integration process will not take an end with the 2004 enlargement, and according to the plans the integration of Romania and Bulgaria may come truth in the next round of enlargement. However, besides these two countries Croatia does it's best to be the member of the EU. The country has already submitted its request for accession, and on my opinion there is a real chance for Croatia to be EU-member in the next round. This is explained at large in the study.
Lithuania's experience linking National Currency to Euro
The Emergence of the Euro Zone: An Informal Euro Standard as a First Step for EMU Membership of the Central and Eastern European Countries
Jürgen von Hagen:
The Role of Exchange Rate Policies in the Determination of Capital Controls in Transition Economies
Managed Floating: Theory, Practice and ERM II
Managing capital flows in Estonia and Latvia
Managing Capital Inflows in Slovenia. Experience and Options