Exchange Rate Policy of Austria and Finland PDF Download

Author: Eduard Hochreiter
Publisher:
ISBN:
Category :
Languages : en
Pages : 56

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Author: Eduard Hochreiter
Publisher:
ISBN:
Category :
Languages : en
Pages : 35

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Author: János Gács
Publisher: Springer Science & Business Media
ISBN: 3662282763
Category : Business & Economics
Languages : en
Pages : 345

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Book Description
J anos Gaes and Georg Winekler In recognition of the key position of international trade in the transition and the need for concentrated discussions of topical trade issues the International Institute for Applied Systems Analysis (IIASA) organized an international conference on "International Trade and Restructuring in Eastern Europe" which took place in Laxenburg, Austria, on 19 and 21 November 1992. The Austrian National Bank joined IIASA to co-sponsor the event. Participants of the conference were experts of international economics and trade policy from East and West, policy makers, and representatives of international organizations like the IMF, the Commission of the European Communities, the OECD, and the European Bank for Reconstruction and Development (EBRD). The papers prepared for the event and the lively discussions during the conference itself prove that the topics are intellectually challenging and timely for policy makers. It has widely been recognized that international economic relations play a crucial role in the transition of count ries of Central and Eastern Europe. The scope, speed, and success of the efforts to transform the formerly cen trally planned economies to market economies have increasingly become de pendent on the pattern these count ries have in their relation to the rest of the world. Transition comprises three major processes: macro-stabilization, mar ketization, and restructuring. The success of these three hinges to a large extent on the response of these economies to the new conditions set by international trade and exchange regimes.

Author: Hans-Hermann Francke
Publisher: Duncker & Humblot
ISBN: 9783428480968
Category : Business & Economics
Languages : en
Pages : 456

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Author: Bernhard Böhm
Publisher: Springer Science & Business Media
ISBN: 3642511708
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
The economic performance of Austria and Italy during the last two decades is analysed by economists from both countries. Their contributions interpret observed historical facts starting from a macroeconomic level down to disaggregated structural issues. The performance as well as prospects of economic policy concerning the monetary sector, the balance of payments, the industrial sectors, and the labour markets are reviewed. Specific problem areas are investigated and relationships to current economic theory are established. Readers find sufficient material to form opinions about the difference in national approaches to assess economic problems and about the different ways of attacking them.

Author: Tobias Straumann
Publisher: Cambridge University Press
ISBN: 113948771X
Category : Business & Economics
Languages : en
Pages : 415

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Most European countries are rather small, yet we know little about their monetary history. This book analyses for the first time the experience of seven small states (Austria, Belgium, Denmark, The Netherlands, Norway, Sweden, and Switzerland) during the last hundred years, starting with the restoration of the gold standard after World War I and ending with Sweden's rejection of the Euro in 2003. The comparative analysis shows that for the most part of the twentieth century the options of policy makers were seriously constrained by a distinct fear of floating exchange rates. Only with the crisis of the European Monetary System (EMS) in 1992–3 did the idea that a flexible exchange rate regime was suited for a small open economy gain currency. The book also analyses the differences among small states and concludes that economic structures or foreign policy orientations were far more important for the timing of regime changes than domestic institutions and policies.

Author: Bibliothèque centrale (Fonds Quetelet)
Publisher:
ISBN:
Category :
Languages : en
Pages : 1080

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Author: Kansallis-Osake-Pankki
Publisher:
ISBN:
Category : Finland
Languages : en
Pages : 428

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Author: Milica Uvalić
Publisher:
ISBN:
Category : Europe, Eastern
Languages : en
Pages : 292

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Book Description

Author: Rajat Acharyya
Publisher: Oxford University Press
ISBN: 0192688537
Category : Business & Economics
Languages : en
Pages : 657

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Book Description
Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and characteristics of international equilibrium in the context of a general trading environment of open economies. Subsequently, specific models of trade are introduced as alternative theoretical explanations for the basic principles of trade. In the second part, a wide range of policy issues are analysed including unilateral trade restrictions and promotions; reciprocatory trade policy choices through regionalism; product standards that regulate trade between developed and developing countries; and implications of capital inflow, FDI, fragmentation, and global value chains. In the third part, the book discusses different currency and exchange rate regimes and their implications for a country's balance of payments and foreign exchange reserves. Drawing upon the basic theories, it studies expenditure-reducing and expenditure-switching policies to correct for BoP imbalances under a pegged exchange rate regime. Finally, some reflections on the choice of exchange rate regime and optimum currency area wind up discussions of monetary issues in international economics.