Periphery of the Euro

Philippe de Lombaerde

• Contents: The Periphery of the Euro. An introduction, Lúcio Vinhas de Souza and Philippe De Lombaerde. EU Enlargement and Euroization: International capital markets and exchange rate stabilization in the CIS and East Asia, Gunther Schnabl; From the planned economy to independent monetary policy: a study of the Baltic Countries' decisions and developments, Ulvi Vaarja; The credibility problem of Euro candidates, Romain Veyrune. Russia and CIS: Principles of monetary integration and their relevance for the CIS, Olga Butorina; Credibility of CIS exchange rate policies, Christian Bauer and Bernhard Herz; Monetary policy rules for Russia, Akram Esanov, Christian Merkel and Lúcio Vinhas de Souza. Belarus: Monetary Union between Belarus and Russia: testing for convergence of monetary policy, Igor Pelipas and Irina Tochitskaya; A common currency for Belarus and Russia?, Anne-Marie Gulde, Etibar Jafarov and Vassili Prokopenko; Russian and Belarus monetary union: problems and perspectives of creation, Vladimir Chaplygin; Money and prices in Belarus: information content of different monetary aggregates, Igor Pelipas. Ukraine: Effects of the shadow economy in Ukraine: an analysis using a macroeconomic model, Bas van Aarle, Eelke de Jong and Robert Sosoian; Determinants of inflation in Ukraine: a cointegration approach, Nina Leheyda; Monetary and exchange rate developments in Ukraine: present and future, Olena Bilan; Index.