01 Oct 1999 - 01 Jan 2001
Eastern Europe, Caucasus and Central Asia, Europe, exchange rate policy, Macroeconomics and macroeconomic policy, Research

Credibility of Exchange Rate Policy in Transition Countires


This research project, financed by Freedom House, was carried out in the period of October 1999 to January 2001 in co-operation with the Bulgarian Centre for Liberal Strategies. Researchers Marek Jarociński and Przemysław Woźniak represented CASE Foundation. Przemyslaw Woźniak was also co-ordinator of the project. Georgy Ganev and Rossitza Lyubenova were research partners from the Centre for Liberal Strategies.

The research tasks concentrated on designing a special measure of credibility and analyzing it in the framework of various exchange rate regimes. The research covered several transition countries. On the 4-10th of April 2000, a meeting of members of the research team was held in Sofia, during which research methodology and the results so far obtained were discussed. A final report was presented at a conference organized on 21st December 2000 in Warsaw and published within the series CASE Reports No. 38.