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Az árfolyamrendszer kiválasztása az átmenet országaiban az EMU-csatlakozás előtt
[Choice of exchange-rate regime in transition countries before joining the EMU]

Author

Listed:
  • Szapáry, György

Abstract

A cikk arra a kérdésre keresi a választ, milyen árfolyamrendszert alkalmazzanak az átmeneti gazdaságok az EU- és az EMU-csatlakozást megelőző időszakban. A szerző arra a megállapításra jut, hogy nem létezik egy minden esetre alkalmas, uniform árfolyamrendszer, amelyet a felvétel előtt álló országok egységesen alkalmazhatnának. Egyúttal azt is felveti, hogy nincs összhang az inflációval kapcsolatos maastrichti követelmény és a felzárkózási folyamat között, és ez az ellentmondás az ökölvívásból ismert ,,mérlegelési szindrómát" idézheti elő az EMU-hoz társulni szándékozó országokban, amely gyengíti ezen országok gazdaságirányításának hatékonyságát. Végezetül a cikk javaslatokat fogalmaz meg az inflációval kapcsolatos maastrichti követelmény megváltoztatására.

Suggested Citation

  • Szapáry, György, 2000. "Az árfolyamrendszer kiválasztása az átmenet országaiban az EMU-csatlakozás előtt [Choice of exchange-rate regime in transition countries before joining the EMU]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 951-961.
    • Handle: RePEc:ksa:szemle:363
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    References listed on IDEAS

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    1. Richard Baldwin & Paul Krugman, 1989. "Persistent Trade Effects of Large Exchange Rate Shocks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(4), pages 635-654.
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    4. Gourinchas, Pierre-Olivier, 1999. "Exchange rates do matter: French job reallocation and exchange rate turbulence, 1984-1992," European Economic Review, Elsevier, vol. 43(7), pages 1279-1316, June.
    5. Zsolt Darvas & György Szapáry, 2000. "Financial Contagion in Five Small Open Economies: Does the Exchange Rate Regime Really Matter?," International Finance, Wiley Blackwell, vol. 3(1), pages 25-51, April.
    6. Campa, Joe Manuel, 1993. "Entry by Foreign Firms in the United States under Exchange Rate Uncertainty," The Review of Economics and Statistics, MIT Press, vol. 75(4), pages 614-622, November.
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    1. Tarafás, Imre, 2001. "A kamat, az árfolyam és a forint hátralévő évei [Interest, exchange rates and the remaining years of the forint]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 480-497.

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    More about this item

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • P34 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Finance
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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