Eastern Europe and the Euro Area

  • Antonin Rusek


The recent string of economic difficulties and financial collapses in Eastern Europe revived the interest in monetary and exchange rate arrangements as linchpins of reform efforts in the former communist economies. Given the geographical location, the advent of the European Monetary Union (EMU) is, indeed, the major factor determining the shape of this reform effort.


European Union Euro Area Real Exchange Rate Transition Economy Exchange Rate Regime 
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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Antonin Rusek
    • 1
  1. 1.Susquehanna UniversityUSA

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