01772cas a2200241 a 4500 AALejournalIMF001217 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451974119 1934-7456 BD-DhAAL BD-DhAAL International Monetary Fund. Exchange Rate Regimes in Selected Advanced Transition Economies : Coping with Transition, Capital Inflows, and EU Accession. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (26 pages) IMF Policy Discussion Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have-with much success-employed diverse exchange rate regimes. As these countries approach EU accession, they will need to avoid the perils of too much or too little exchange rate variability when capital flows are likely to be large and volatile; narrow band arrangements in particular could be problematic. The exception is Estonia, where there are good arguments for retaining the currency board arrangement. Countries wishing to join the euro area at an early stage should not leave the removal of remaining capital controls to the last minute. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/003 Full text available on IMF http://elibrary.imf.org/view/journals/003/2000/003/003.2000.issue-003-en.xml IMF e-Library