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Uneven Integration: Economic and Monetary Union in Central and Eastern Europe

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  • RACHEL A. EPSTEIN
  • JULIET JOHNSON

Abstract

Although central and eastern European states widely adopted central bank independence in the 1990s, many later baulked at meeting the Maastricht criteria and adopting the euro. We employ two key variables – regime and institutional discontinuity at the domestic level and the credibility of international institutions' policies – to explain these different responses to the requirements of economic and monetary union.

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  • Rachel A. Epstein & Juliet Johnson, 2010. "Uneven Integration: Economic and Monetary Union in Central and Eastern Europe," Journal of Common Market Studies, Wiley Blackwell, vol. 48(5), pages 1237-1260, November.
    • Handle: RePEc:bla:jcmkts:v:48:y:2010:i:5:p:1237-1260
    DOI: 10.1111/j.1468-5965.2010.02111.x
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    2. Dóra Piroska & Yuliya Gorelkina & Juliet Johnson, 2021. "Macroprudential Policy on an Uneven Playing Field: Supranational Regulation and Domestic Politics in the EU's Dependent Market Economies," Journal of Common Market Studies, Wiley Blackwell, vol. 59(3), pages 497-517, May.
    3. Ademmer, Esther & Dreher, Ferdinand, 2014. "Institutional constraints to political budget cycles in the enlarged EU," Kiel Working Papers 1964, Kiel Institute for the World Economy (IfW Kiel).
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    5. Tomasz Wołowiec & Janusz Soboń, 2011. "EU Integration and Harmonisation of Personal Income Taxation," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 5(1), March.

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