01825cas a2200229 a 4500 AALejournalIMF012888 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589063266 BD-DhAAL BD-DhAAL Xiao, Yuan. The Baltics : Competitiveness on the Eve of EU Accession / Yuan Xiao, Robert Burgess, Stefania Fabrizio. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (79 pages) <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 Large current account deficits in Estonia and Latvia, and the continued real appreciation of the exchange rate in Lithuania, have prompted concerns about the competitiveness of the Baltic economies, and called into question the sustainability of their current fixed exchange rate arrangements. Recent external performance, however, appears to be explained more by temporary or cyclical developments than by a deterioration in the underlying competitive position of the Baltic economies. This book assesses the competitive position of the Baltic countries and focuses, in particular, on the viability of the countries' strategy of maintaining their fixed exchange rates on joining the European Union, participating in its exchange rate mechanism, and then adopting the euro at the earliest possible date. Mode of access: Internet Burgess, Robert. Fabrizio, Stefania. Full text available on IMF http://elibrary.imf.org/view/books/058/06809-9781589063266-en/06809-9781589063266-en-book.xml IMF e-Library