IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpep/v2002y2002i1id185.html
   My bibliography  Save this article

Central and east european countries after entering the european union

Author

Listed:
  • Tomáš Cahlík

Abstract

This essay is concerned with the long term period, i.e. what will happen after accession to the EU. For those long term analyses, it is practical to identify different phases after accession to the EU - the period before the anticipated participation in the ERM II, the period of participation in the ERM II and the period of membership in the eurozone. These periods bring different costs, benefits and risks and they allow for different possibilities of economic policy, especially monetary policy (exchange rate policy included). The five following issues are dealt with in this essay: the speed of joining the eurozone after accession to the EU, the danger of speculative attacks on local currencies while participating in the ERM II, instability of public finances and its impact, possible real price shocks with their economic consequences and economic growth for convergence with the EU average.

Suggested Citation

  • Tomáš Cahlík, 2002. "Central and east european countries after entering the european union," Prague Economic Papers, Prague University of Economics and Business, vol. 2002(1), pages 3-16.
    • Handle: RePEc:prg:jnlpep:v:2002:y:2002:i:1:id:185
    DOI: 10.18267/j.pep.185
    as

    Download full text from publisher

    File URL: http://pep.vse.cz/doi/10.18267/j.pep.185.html
    Download Restriction: free of charge
    File URL: http://pep.vse.cz/doi/10.18267/j.pep.185.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.pep.185?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tomáš Cahlík & Soňa Pokutová & Ctirad Slavík, 2004. "Human Capital Mobility II," Working Papers IES 51, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2004.

    More about this item

    Keywords

    European Union; fiscal policy; economic growth; monetary policy; price shocks;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpep:v:2002:y:2002:i:1:id:185. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.