Exchange-Rate Management in Eastern Europe: A Public Choice Perspective (with Enrico Colombatto), 16 International Review of law and Economics 195 (1996)
The paper presents a public-choice analysis of the existing exchange-rate regimes in transition economies, with special reference to Eastern Europe. The links between policy making, rent seeking and exchange-rate regimes are thus examined in detail from a theoretical point of view, and then compared with the existing empirical evidence. Some comments about the role of the West and of international organizations are also put forward.
Date of Authorship for this Version
Macey, Jonathan R. and Colombatto, Enrico, "Exchange-Rate Management in Eastern Europe: A Public Choice Perspective" (1995). Faculty Scholarship Series. Paper 1443.