Reálná konvergence Česka a Polska k eurozóně
[The Real Convergence of the Czech Republic and Poland to the Euro-zone]
The new member countries of the European Union professed on the day of their entry to adopt the single European currency Euro without undue delays. There arise two quite fundamental questions within this context, which are: “When will they make this step?” and “Will they be able, in this period, to achieve such a level of the real convergence, which enables them to enjoy all the advantages and to face up all the risks which are associated with the entry into the monetary union?” We have tried to find a partial answer to the second question within our paper, which is devoted to the questions of the real convergence of the Czech Republic and Poland the Euro-zone. Within the analysis carried out by ourselves we came to the conclusion that both the Polish and Czech economy will have to, in five following years, pass through a rather decisive process of the real convergence as the present state of their economies brings along a number of risks, which could after the adopting of Euro destabilize the economic situation in these countries.
|Date of creation:||22 Nov 2007|
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- Tuleja, Pavel, 2005. "The Czech Republic On The Road To The Euro-zone - Nominal Covergence Criteria," MPRA Paper 11678, University Library of Munich, Germany.
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