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dc.contributor.authorSõrg, Marten
dc.date.accessioned2009-01-29T14:25:33Z-
dc.date.available2009-01-29T14:25:33Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/22098-
dc.description.abstractNearly twenty years have passed since the beginning of the transition from the planned economy to the market economy system in Estonia. A successful transition to a market economy requires a sound currency and Estonia introduced its own currency in June 1992. Estonia has been quite successful in achieving economic stability and growth and steadily declining inflation. An essential element of Estonia?s economic development success has been the currency board-based monetary system that has served as a signal of commitment to prudent monetary policy and as a guarantee of sound money during the transition period. We discuss the experience of operating the currency board in Estonia and future prospects of the currency board arrangement in Estonia in the framework of the European Union and the future joining the Economic and Monetary Union.en
dc.language.isoengen
dc.publisher|aUniversität Greifswald, Rechts- und Staatswissenschaftliche Fakultät |cGreifswalden
dc.relation.ispartofseries|aWirtschaftswissenschaftliche Diskussionspapiere |x11/2004en
dc.subject.jelE5en
dc.subject.jelE42en
dc.subject.ddc330en
dc.subject.keywordmonetary systemen
dc.subject.keywordcurrency reformen
dc.subject.keywordcurrency boarden
dc.subject.keywordmonetary policyen
dc.subject.stwCurrency Boarden
dc.subject.stwGeldverfassungen
dc.subject.stwEstlanden
dc.titleEstonian Monetary System: Reconstruction, Performance, and Future Prospects-
dc.typeWorking Paperen
dc.identifier.ppn477927971en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:grewdp:112004en

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