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Kurzová konvergence a vstup do eurozóny (I) - komparace zkušeností kandidátských a èlenských zemí EU

Author

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  • Zdenìk Èech
  • Luboš Komárek

Abstract

The article is a general analysis of the exchange rate convergence process for EU and Eurozone candidate countries. The introduction states that exchange rate strategies of candidate countries have to be consistent with the „acquis communataire“ from beginning to end. For these countries, this spans the period from accession to the future introduction of the euro, according to the European authorities overseeing the process. The second part features a detailed analysis of institutional and legislative rules. The third part discusses the exchange rate convergence criterion, especially its definition, time frames and possible room for interpretation based on previous experience from official national reports. The final part summarises institutional and legislative problems for EU/EMU entry in light of limited options in the pursuit of exchange rate strategies.

Suggested Citation

  • Zdenìk Èech & Luboš Komárek, 2002. "Kurzová konvergence a vstup do eurozóny (I) - komparace zkušeností kandidátských a èlenských zemí EU," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 52(6), pages 322-337, June.
    • Handle: RePEc:fau:fauart:v:52:y:2002:i:6:p:322-337
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    More about this item

    Keywords

    convergence; exchange rate; monetary policy;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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