Objective
The purpose of the conference is to present theoretical and empirical analyses on exchange rate policies and the choice of exchange rate regime in pre-accession economies during the enlargement of the European Union. Exchange rate policies have a decisive effect on macroeconomic performance, on nominal and real convergence of pre-accession economies, and can strongly influence the costs and speed of enlargement. Due to the different weight given to the costs and benefits of alternative regimes, the debate on the choice of appropriate regime prior full EMU-membership remains a key one.
The conference will have four major parts. First section will present theoretical papers discussing the costs and benefits of alternative exchange rate regimes and the factors that affect the choice between them. The second part of the conference will feature presentations on the recent experiences of pre-accession economies with alternative exchange rate arrangements and lessons from their exchange rate policies. As the regimes varied between the individual economies, this will give scope for comparative assessment.
Third, the conference will analyse how the process of monetary integration, the presence of exogenous shocks (capital flows, current account sustainability, exposure to global trade and financial contagion, high risk premia, etc.) may affect exchange rate policies and the choice of exchange rate regime in pre-accession economies. Finally, the conference will feature papers describing both theoretically and then, based on the individual economies, empirically the most appropriate choices of exchange rate regime. The conference will include both theoretical and empirical papers, and summary papers on the choice of exchange rate regime to enhance the training aspect of the event.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Data not available
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
1124 BUDAPEST
Hungary
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.