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010   $a9786613821447
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035   $a(PQKBTitleCode)TC0000942098
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100   $a20020129d2006      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aMacroeconomic Challenges with EU Accession in Southeastern Europe : $eAn Overview /$fPiritta Sorsa
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (27 p.)
225 1 $aIMF Working Papers
300   $a"February 2006."
311   $a1-4518-6300-4 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. STATUS OF EU ACCESSION IN SEE""; ""III. PROGRESS IN ESTABLISHING A MARKET ECONOMY AND REAL CONVERGENCE ""; ""IV. NOMINAL CONVERGENCEa???MONETARY AND FISCAL FRAMEWORKS AND STABILIZATION""; ""V. CONCLUSIONS""; ""References""
330 3 $aThe paper reviews key macroeconomic challenges with EU accession in Southeastern Europe (SEE). Most of the countries in the region are years away from EU accession and need substantial progress to meet the key macroeconomic criteria-the establishment of a functioning market economy and macroeconomic stability. The former calls for further structural reforms. While macroeconomic stability is essential throughout the EU accession process, the importance of specific outcomes increases in the last stage of accession, when countries face decisions to apply for entry into the ERM2 and the Maastricht criteria (Bulgaria and Romania). The main challenges with establishing macroeconomic stability in other countries are related to sustainability of their monetary frameworks, risks from rapid financial deepening, and further fiscal consolidation to support growth and stabilization. Most of the SEE countries have room to lower public spending and increase the share of pro-growth spending.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/040
606   $aMonetary policy$zEurope
606   $aFinance: General$2imf
606   $aInflation$2imf
606   $aMacroeconomics$2imf
606   $aMoney and Monetary Policy$2imf
606   $aPublic Finance$2imf
606   $aMonetary Policy$2imf
606   $aInstitutions and the Macroeconomy$2imf
606   $aFiscal Policy$2imf
606   $aPrice Level$2imf
606   $aDeflation$2imf
606   $aGeneral Financial Markets: General (includes Measurement and Data)$2imf
606   $aMonetary economics$2imf
606   $aFinance$2imf
606   $aExchange rate anchor$2imf
606   $aStructural reforms$2imf
606   $aFiscal policy$2imf
606   $aCompetition$2imf
606   $aMonetary policy$2imf
606   $aPrices$2imf
607   $aEurope$xEconomic integration
607   $aRomania$2imf
615  0$aMonetary policy
615  7$aFinance: General
615  7$aInflation
615  7$aMacroeconomics
615  7$aMoney and Monetary Policy
615  7$aPublic Finance
615  7$aMonetary Policy
615  7$aInstitutions and the Macroeconomy
615  7$aFiscal Policy
615  7$aPrice Level
615  7$aDeflation
615  7$aGeneral Financial Markets: General (includes Measurement and Data)
615  7$aMonetary economics
615  7$aFinance
615  7$aExchange rate anchor
615  7$aStructural reforms
615  7$aFiscal policy
615  7$aCompetition
615  7$aMonetary policy
615  7$aPrices
700   $aSorsa$b Piritta$01462127
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788524803321
996   $aMacroeconomic Challenges with EU Accession in Southeastern Europe$93670969
997   $aUNINA