A multilateral payments union for Eastern Europe? A comment

J.M. VAN BRABANT

Abstract


The work is a critique of P. Bofinger’s “A multilateral payments union for Eastern Europe?” in which the author highlights some of the critical issues that Bofinger belittled or ignored.


JEL: P20, F33


Keywords


Shock therapy, liberalisation, gradual approach, Post-soviet transition, Payments union

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Copyright (c) 2016 J.M. VAN BRABANT

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ISSN 2037-3643


Reg. Tribunale di Roma n.377/2009 del 19/11/2009