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  1. Osteuropäische Currency Board-Länder und die optimale Integrationsstrategie in die Europäische Währungsunion am Beispiel Estlands
    Published: 2001
    Publisher:  Univ., Rechts- und Staatswiss. Fak., Greifswald

    On its way to become a member of the European Monetary Union (EMU) Estonia needs to participate in the new European Exchange Rate Mechanism (ERM II). The need to participate in this Exchange Rate Mechanism arises quite simply from the necessity of... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 43 (2001,2)
    No inter-library loan

     

    On its way to become a member of the European Monetary Union (EMU) Estonia needs to participate in the new European Exchange Rate Mechanism (ERM II). The need to participate in this Exchange Rate Mechanism arises quite simply from the necessity of being treated equally with the countries already participating in the monetary union, whose convergence test also included this criterion. The standard fluctuation band is determined as ± 15 % compared to the relevant central euro rate. There is also the possibility to apply to have a band narrower than the standard one formally set. Estonia could make use of this possibility and bear the burden of intervention unilaterally. At first sight this circumstances may appear to be comparable to Estonias's status quo with its Currency Board-System, so that the probability of a devaluation within the framework of ERM II should at least be no higher than with the present Currency Board-System. However, the economic and political circumstances during the membership at the ERM II differ totally from the circumstances today, so that a realignment of the Estonian kroon would be probable. The apparent detour of changing from the fixed exchange rate of the Currency Board-System via the system of broad fluctuation bands back to fixed exchange rates within EMU will prove to be more suitable route to accession to EMU.

     

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    Content information
    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/48906
    Series: Wirtschaftswissenschaftliche Diskussionspapiere / Ernst-Moritz-Arndt-Universität Greifswald, Rechts- und Staatswissenschaftliche Fakultät ; 2/01
    Subjects: EU-Mitgliedschaft; Wechselkurspolitik; Currency-Board-System; Europäisches Währungssystem; Eurozone; Konvergenzkriterien; Estland
    Scope: Online-Ressource (19 S.)
  2. Osteuropäische Currency Board-Länder und die optimale Integrationsstrategie in die Europäische Währungsunion am Beispiel Estlands
    Published: 2001
    Publisher:  Ernst-Moritz-Arndt-Univ., Rechts- und Staatswiss. Fak., Greifswald

    Universitätsbibliothek Greifswald
    650/QA 99140-2001,2
    No inter-library loan
    Universitätsbibliothek Greifswald
    480/QA 99140-2001,2
    No inter-library loan
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    1 : Z 105.582 -02/01-
    No inter-library loan
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    00 B 808, Kapsel (59)
    No loan of volumes, only paper copies will be sent
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1137 (2001.2)
    Unlimited inter-library loan, copies and loan
    Universitätsbibliothek Rostock
    QB 910 G824-2001,2
    Unlimited inter-library loan, copies and loan
    Landesbibliothek Mecklenburg-Vorpommern Günther Uecker im Landesamt für Kultur und Denkmalpflege
    37 A 1042
    Unlimited inter-library loan, copies and loan
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    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Print
    Series: Wirtschaftswissenschaftliche Diskussionspapiere / Ernst-Moritz-Arndt-Universität Greifswald, Rechts- und Staatswissenschaftliche Fakultät ; 2/01
    Subjects: EU-Mitgliedschaft; Wechselkurspolitik; Currency-Board-System; Europäisches Währungssystem; Eurozone; Konvergenzkriterien; Estland
    Scope: 22 S
    Notes:

    Zusammenfassung in engl. Sprache

    Literaturverz. S. 18 - 19