In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange controls and eliminating prohibitive tariffs and quotas. Now trying to join the integrated world economy, they are facing the challenge of finding strategic alliances and attracting foreign capital. This book analyzes economic policy in Eastern Europe with a focus on the financial arrangement of currency boards. It examines the main challenges facing East European countries, their economic policy strategies, the main challenges to the economies that adopted currency boards, and whether currency boards were a solution.

The book is organized into two parts. Part I addresses the challenges to economic policy in Eastern Europe, and Part II turns to the discussion of currency board arrangements.

About the Author

ILIANA ZLOCH-CHRISTY has been a faculty associate at Harvard University and St. Antony's College, Oxford. She is currently with the University of Vienna. Her earlier books include Eastern Europe in a Time of Change (Praeger, 1994) and Privatization and Foreign Investments in Eastern Europe (Praeger, 1995).

Book Information
ISBN 9780275968588
Author Iliana Zloch-Christy
Format Hardback
Page Count 184
Imprint Praeger Publishers Inc
Publisher Bloomsbury Publishing Plc