[Download] ~ Impact of EU Enlargement: Challenges Foe Slovenia's Monetary and Exchange Rate Policies. ~ by Atlantic Economic Journal ~ eBook PDF Kindle ePub Free

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eBook details

Title: Impact of EU Enlargement: Challenges Foe Slovenia's Monetary and Exchange Rate Policies.
Author : Atlantic Economic Journal
Release Date : January 01, 2003
Genre: Business & Personal Finance,Books,
Pages : * pages
Size : 255 KB

Description

Introduction Following the successful conclusion of the accession negotiations in December 2002 and the March 2003 strong referendum vote for EU membership, the signing of the Treaty and Act of Accession--scheduled for April 16, 2003--will probably make Slovenia an EU member in May 2004. A smooth and balanced process towards the early entry into Exchange Rate Mechanism II (ERM II) and the adoption of the euro, at minimal cost and disruption, is at the heart of monetary policy as well as of other macroeconomic policies, not only in Slovenia but as well in many other accession countries. Why the introduction of the euro seems to be a natural goal for Slovenia is discussed in terms of optimal currency area criteria in the first part of this paper. In the second part, the current status of indicators for nominal and real convergence for Slovenia are presented. In the following part, monetary and exchange rate policy framework, as it is set by the Bank of Slovenia, is described. In the concluding part, some currently opened or still discussed issues about the entry and participation in the ERM II are pinpointed.