Download This PaperFinding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe
28 Pages Posted: 11 Feb 2015
There are 2 versions of this paper
Finding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe
Fordham University Schools of Business Research Paper No. 2413305, Hong Kong Institute for Monetary and Financial Research (HKIMR) Research Paper WP No. 05/2014
Number of pages: 25
Posted: 25 Mar 2014
Last Revised: 29 Jul 2022
Downloads
55
Date Written: February 9, 2015
Abstract
This paper examines the options of small open economies of in Eastern Europe pegged to the Euro, in a time of crisis. Specifically, should Bosnia and Herzegovina, Bulgaria, Latvia and Lithuania move to full Euro area accession, as Estonia, Slovakia, and Slovenia have done, or follow the examples of Poland, the Czech Republic, and Hungary?
Keywords: Sudden stop, currency union, financial contagion
JEL Classification: E52, E62, F41
Suggested Citation: Suggested Citation
McNelis, Paul D., Finding Stability in a Time of Crisis: Lessons of East Asia for Eastern Europe (February 9, 2015). Available at SSRN: https://ssrn.com/abstract=2562517 or http://dx.doi.org/10.2139/ssrn.2562517
Paul D. Mcnelis (Contact Author)
Fordham University - Gabelli School of Business ( email )
113 West 60th Street
Bronx, NY 10458
United States
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN