publication . Other literature type . 2008

Choice of optimal exchange rate system For the Republic of Croatia

Koški, Dražen;
Open Access Croatian
  • Published: 01 Jan 2008 Journal: Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, volume XXI, issue 1-2 (issn: 0353-359X, eissn: 1847-2206, Copyright policy)
  • Publisher: Economic Journal
Abstract
The aim of research whose results are presented in this article was to choose the optimal system of exchange rate for the Republic of Croatia, of course before its accession to EU. The analyzed exchange rate systems here range from free-floating exchange rate to system without domestic currency in circulation. Naturally, the classification of International Monetary Fond is included in it. After that, the comparison of basic economic advantages and disadvantages of the fixed exchange rate in relation to floating exchange rate were carried out. Although the question is about the extreme systems, disregarding the system without domestic currency in circulation, the...
Subjects
free text keywords: fiksni devizni tečaj; fluktuirajući devizni tečaj; sustav deviznoga tečaja; trilema monetarne politike (nemoguće trojstvo); Maastrichtski kriteriji, fixed exchange rate; floating exchange rate; exchange rate system; monetary policy trilemma (impossible trinity); Maastricht criteria
37 references, page 1 of 3

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