Selected Transition and Mediterranean Countries: An Institutional Primer on EMU and EU Relations

Robert Feldman and Heliodoro Temprano-Arroyo

No 1998/082, IMF Working Papers from International Monetary Fund

Abstract: Economic and Monetary Union (EMU) has a number of institutional implications for the transition countries of Central and Eastern Europe and selected Mediterranean countries that aspire to join the European Union (EU). After describing the current institutional framework for their relations with the EU, the paper examines two basic categories of institutional effects: those stemming from the need to satisfy the Maastricht convergence criteria before joining the euro area, and those stemming from the need to adopt the EU’s institutional and legal provisions in the area of EMU.

Keywords: WP; exchange rate; EU country; economic policy; EU membership; EMU; EU; transition; EU countries vis-a-vis; deutsche mark; liberalization vis-a-vis EU country; single currency; Mediterranean country; countries vis-a-vis; EU trade policy; banks government securities; consumer price; Government securities; Exchange rate policy; Trade agreements; Currencies; Central bank autonomy; Baltics; Europe (search for similar items in EconPapers)
Pages: 63
Date: 1998-06-01
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1998/082

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