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Reálná konvergence Česka a Polska k eurozóně
[The Real Convergence of the Czech Republic and Poland to the Euro-zone]

Author

Listed:
  • Tuleja, Pavel

Abstract

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.

Suggested Citation

  • Tuleja, Pavel, 2007. "Reálná konvergence Česka a Polska k eurozóně [The Real Convergence of the Czech Republic and Poland to the Euro-zone]," MPRA Paper 11689, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:11689
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    File URL: https://mpra.ub.uni-muenchen.de/11689/1/MPRA_paper_11689.pdf
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    References listed on IDEAS

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    1. 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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      More about this item

      Keywords

      export; gross domestic product per capita; import; price level; real convergence; structure of economy;
      All these keywords.

      JEL classification:

      • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
      • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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