This book analyses the monetary and exchange rate policies in Eastern European countries not covered by the current EU enlargement process. Specifically, the book examines the major CIS countries: Belarus, Kazakhstan, Russia and the Ukraine. (The new Eastern European EU members are also frequently referenced for comparison purposes.) Current and prospective monetary policy options are considered, and the applicability of the EU monetary integration experience for the CIS countries and the prospects of a monetary re-unification around the Russian Federation are assessed. This is the first book to formally deal with many of these questions.
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Dr Lucio Vinhas de Souza is an Economist at the European Commission, Belgium and an Associate Researcher at the Kiel Institute for World Economics (IFW), Germany. Philippe De Lombaerde is Research Fellow in Comparative Regional Integration Studies at the United Nations University, Belgium.
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