 Economic Performance in Poland under Fixed and Flexible Exchange Rate RegimesPiotr Wdowinski and Bas Aarle Chapter 10 in Exchange Rate Policies, Prices and Supply-Side Response, 2001, pp 140-156 from Palgrave Macmillan Abstract: Abstract During the last decade, Europe has experienced a remarkable increase in the integration of economic, political and social structures. In the European Union, this process of integration culminated in the Economic and Monetary Union (EMU). EMU formally started on 1 January 1999 with the replacement of national currencies by a common currency, the euro, and the replacement of national monetary policy autonomy by a common monetary policy implemented by the European Central Bank (ECB). The introduction of the euro and the so-called Eastern Enlargement of the EU — first outlined in the Treaty of Copenhagen in 1993 and further developed in the EU Council Meeting in Madrid in 1995 and the recent Agenda 2000 — offers economies in transition in Central and Eastern Europe (CEEC countries) the possibility to embark upon a process of integration and convergence that should lead in the end to their accession into the current EU 15. Keywords: Exchange Rate; Interest Rate; Monetary Policy; Fiscal Policy; Real Exchange Rate (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-55453-5_10 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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