Current account deficits in Central and Eastern Europe: Causes and feasibility
Hubert Gabrisch
IWH Discussion Papers,
No. 97,
1999
Abstract
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Current account limits as cause of economies' different growth dynamics
Michael Seifert
IWH Discussion Papers,
No. 105,
1999
Abstract
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Trade deficits in Poland and Estonia: Capital imports versus import penetration and the sustainability of current account deficits
Johannes Stephan
IWH Discussion Papers,
No. 82,
1998
Abstract
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The Current Accounts Deficit of the Free State of Saxony
Ulrich Blum, D. Bauer, M. Mende
Wissenschaftliche Zeitschrift der Technischen Universität Dresden,
1998
Abstract
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The role of real exchange rates in the Central European transformation
Lucjan T. Orlowski
Forschungsreihe,
No. 1,
1998
Abstract
The study eamines the interactions between real exchange rates, current accounts and capital account balances in Poland, Hungary and the Czech Republic. The empirical investigation leads to a strong endorsement of more flexible exchange rates in the present stage of the economic transformation process of the former socialist countries in Central and Eastern Europe. Exchange rate flexibility allows more independent monetary policies that focus on financing structural adjustments and institutional changes in transition economies. However, the integration process with the European Union and more remote considerations of possible accession to the European Monetary Union will require a gradual move to fixed exchange rates and to an exchangerate-based monetary policy.
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Current account deficit, public debt and direct investment in reform countries
Thomas Meißner
Wirtschaft im Wandel,
No. 9,
1995
Abstract
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