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Financial aspects of currency integration in CIS

Author

Listed:
  • Drobyshevsky Sergey

    (Gaidar Institute for Economic Policy)

  • Polevoy D.

    (Gaidar Institute for Economic Policy)

Abstract

In this work authors analyze separate issues of CIS currency integration. They analyze the role of fiscal policy on the territory of the currency union from the point of view of economic development stabilization. The work includes empirical analysis of stablization characteristics of CIS fiscal systems. Issues connected with potential role of foreign trade sector in the process of currency integration were examined from the point of view of possible gains and losses. Assumptions were given regarding the transaction costs structure and their estimate was provided.

Suggested Citation

  • Drobyshevsky Sergey & Polevoy D., 2007. "Financial aspects of currency integration in CIS," Research Paper Series, Gaidar Institute for Economic Policy, issue 109P.
  • Handle: RePEc:gai:rpaper:98
    as

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    File URL: http://www.iep.ru/files/RePEc/gai/rpaper/98Drobyshevsky.pdf
    File Function: Revised version, 2012
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    References listed on IDEAS

    as
    1. Selahattin Dibooglu & Julius Horvath, 1997. "Optimum Currency Areas And European Monetary Unification," Contemporary Economic Policy, Western Economic Association International, vol. 15(1), pages 37-49, January.
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    Cited by:

    1. Vinokurov, Evgeny & Demidenko, Mikhail & Korshunov, Dmitry & Kovacs, Mihaly, 2017. "Customs unions, currency crises, and monetary policy coordination: The case of the Eurasian Economic Union," Russian Journal of Economics, Elsevier, vol. 3(3), pages 280-295.
    2. Knobel, A. & Mironov, A., 2015. "Assessment of CIS Countries Readiness for Creation of Currency Union," Journal of the New Economic Association, New Economic Association, vol. 25(1), pages 76-101.
    3. Andrey Polbin & Mikhail Andreyev & Andrey Zubarev, 2018. "How Commodity Prices Influence the Members of the Eurasian Economic Union," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 623-637.

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    More about this item

    Keywords

    currency integration; financial aspects;

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G2 - Financial Economics - - Financial Institutions and Services

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