Assessment of CIS Countries Readiness for Creation of Currency Union

Assessment of CIS Countries Readiness for Creation of Currency Union () and Alexey Mironov ()
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Assessment of CIS Countries Readiness for Creation of Currency Union: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Alexey Mironov: Gaidar Institute for Economic Policy
Authors registered in the RePEc Author Service: Alexander Knobel

Published Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The authors analyze the CIS countries’ potential readiness to establish a currency union. Based on Optimum Currency Area (OCA) criteria that determine the countries’ readiness to form a currency union and some particular benefits and costs of a currency union several macroeconomic indicators are determined area. The authors analyze the period following the final transformation of CIS countries’ economies from centrally planned to the market ones – from 1999 to 2011. The paper also tests the stability of the results obtained to check the adequacy of obtained estimates and for ranging countries by their matching OCA criteria.

Keywords: monetary union; optimal currency area; integration; exchange rate (search for similar items in EconPapers)
JEL-codes: E42 F33 F36 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2014-04-24
New Economics Papers: this item is included in nep-cis, nep-mac and nep-mon
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Related works:
Journal Article: Assessment of CIS Countries Readiness for Creation of Currency Union (2015)
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