The Global Crisis of the Late 2000s and Currency Substitution: A Study of Three Eastern European Economies Russia, Turkey and Ukraine

For the last two decades, most of Eastern European countries moved towards open economies, including Baltic Countries, Ukraine and Russia. Some of these countries adopted the euro such as the case of Montenegro in 2002, Slovakia in 2009, Estonia in 2011, and finally Latvia in 2014. Adoption of the n...

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Bibliographic Details
Main Authors: Akalin Gurkan I., Prater Edmund L.
Format: Article
Language:English
Published: Sciendo 2015-05-01
Series:Journal of Central Banking Theory and Practice
Subjects:
Online Access:https://doi.org/10.1515/jcbtp-2015-0006