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

Author/Editor:

Robert A Feldman ; Heliodoro Temprano-Arroyo

Publication Date:

June 1, 1998

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 1998/082

Subject:

Banking Central bank autonomy Central banks Currencies Exchange rate policy Financial institutions Foreign exchange Government securities International trade Money Trade agreements

English

Publication Date:

June 1, 1998

ISBN/ISSN:

9781451850413/1018-5941

Stock No:

WPIEA0821998

Pages:

63

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