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Publications (12)
Much has been written about EMU, mostly concerning its desirability and whether it will ever come to exist. Now it is here, and likely to stay. The 'next generation' of research on EMU is already under way, and this volume presents a significant sample of that research. The authors explore questions...
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The purpose of this paper is to explore economic and political implications of Europe's Economic and Monetary Union (EMU) for developing countries. In strictly economic terms, influences will be communicated through both trade and financial channels. Economies in the developing world will be...
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– Retrospect and Prospect
The management of international reserves remains one of the understudied aspects of the international monetary system. There are now a number of reasons why this should change. On the supply side of the market there is the advent of the euro, creating a full-fledged rival to the dollar for the first...
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The partial effect of nominal exchange rate volatility on exports from each EMU member to the rest of the EMU is estimated on annual data for 1967-97, using modern time-series methods. The long-run relations between exchange rate volatility and exports are mostly negative and in several cases...
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– Commitment, institutional Capacity and the Monetary-Fiscal Mix
An interesting theory of transition must give a convincing account of structural adjustment and supply side improvement. In this paper, I discuss the incentives for government to undertake costly supply side improvement and how these relate to incentives governing the design of monetary and fiscal...
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The emergence of the euro as a key currency, perhaps eventually rivalling the US dollar in importance, may have important macroeconomic implications for industrial as well as developing economies in the years ahead. This paper focuses on two related questions. First, what effects, if any, will the...
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We analyse the prospects for greater monetary integration in Africa, in the wake of EMU. We argue that the structural characteristics of African economies are quite different to the EMU members but that much can be gained from monetary cooperation, as an external agency of restraint and in promoting...
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– Evidence from Kazakhstan
A sharp rise in unemployment and a sharp rise in mortality have been two recurrent aspects of the process of transition. In response to the unemployment challenge transitional economies have equipped themselves with labour market policies (LMPs) derived from market economies experiences. This has...
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Several studies have indicated an increase in men's mortality in East Germany between 1989 and 1991 in the wake of the reunification of 1990. For some age-groups, death rates soared by up to thirty per cent. This study investigates the evolution and the causes of such a short term demographic crisis...
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– An Econometric Assessment of the Working Age Population in Russia, 1965-95
This paper examines the short- and long-term determinants of the mortality due to cardiovascular diseases (CVD) among the working-age population in Russia. Why Russia? Why CVD mortality? Why the working-age population? Russia is the Eastern European most affected by a rapid a sudden increase in...
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Economic Shocks, Impoverishment and Poverty-Related Mortality during the Eastern European Transition
This paper aims to assess the impact that the impoverishment process has had on IPD health dynamics and micronutrient-related morbidity via the changes which have occurred in food consumption in terms of average intake, its distribution and the quality of diets.The paper offers a description of the...
Displaying 12 of 12 results