Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 8 Number 2 pp. 26-48

Micha&#322, Jurek, Paweł Marszałek

Pozna&#
3

2

4
; University of Economics, Poland

Monetary and exchange rate policy in Poland after 1990 - relationship and prospects of coordination

Abstract: The aim of the paper is to characterize relationship between monetary and exchange rate policies in Poland since 1990 and to shed some light on the prospects of coordination between them in the context of inclusion of the Polish zloty in the ERM II. We find that the evolution of both monetary and exchange rate policies was in principle correct, improving their abilities to influence the economy. As the most important changes we regard introduction of the inflation targeting strategy and switching to the float exchange rate regime. The latter one, however, may in our opinion interfere with the introduction of the zloty into the ERM II, thus making this process distant. (original abstract)
pub/2008_2_26.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume8/issue2/2008_2_26.pdf
Keywords: Exchange Rate Mechanism (ERM II), Monetary policy, Exchange rates, Price stability, Currency systems, Europejski Mechanizm Kursowy (ERM II), Polityka pieniężna, Kurs walutowy, Stabilność cen, Systemy walutowe

For citation:

MLA Jurek, Micha&#, and Paweł Marszałek. "Monetary and exchange rate policy in Poland after 1990 - relationship and prospects of coordination." Economics and Business Review EBR 8.2 (): 26-48.
APA , (). Monetary and exchange rate policy in Poland after 1990 - relationship and prospects of coordination. Economics and Business Review EBR 8(2), 26-48
ISO 690 JUREK, Micha&#, MARSZAłEK, Paweł. Monetary and exchange rate policy in Poland after 1990 - relationship and prospects of coordination. Economics and Business Review EBR, , 8.2: 26-48.