Prospects of Adopting the Euro in the Czech Republic
AbstractThe article explores prospects of adopting the euro in the Czech Republic. Interests and arguments of important stakeholders are discussed, concluding that reasons for diverging attitudes result from conflicting particular economic interests and political preferences on the future course of European integration. Special attention is given to inflationary and distributional consequences of adopting the euro while the Czech Koruna is still appreciating. The article explains why the Czech Republic ceased aiming at the Euro area accession and concludes that the process of the euro adoption may be eventually launched only if political power shifts to eurooptimistic political parties.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Finance and Administration in its journal ACTA VSFS.
Volume (Year): 5 (2011)
Issue (Month): 2 ()
European Monetary Union; euro; inflation; monetary policy; exchange rate;
Find related papers by JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sergio De Nardis & Claudio Vicarelli, 2003. "The Impact of the Euro on Trade: The (Early) Effect is Not So Large," Economics Working Papers 017, European Network of Economic Policy Research Institutes.
- Giovanni Mastrobuoni, 2004. "The Effects of the Euro-Conversion on Prices and Price Perceptions," Working Papers 101, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Bart Hobijn & David Lagakos, 2003.
"Inflation inequality in the United States,"
173, Federal Reserve Bank of New York.
- Brada, Josef C & Mendez, Jose, 1988. "Exchange Rate Risk, Exchange Rate Regime and the Volume of International Trade," Kyklos, Wiley Blackwell, vol. 41(2), pages 263-80.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helena Hakenova).
If references are entirely missing, you can add them using this form.