Euro adoption in the new EU member countries : Speed limits on a one-way road
(2005) In Eastern European Economics 43(2). p.5-24- Abstract
This paper discusses the strategy of the Czech economic policy as regards the current enlargement process of the European Economic and Monetary Union (EMU). The authors discuss the validity of the Maastricht criteria for the new European Union (EU) member countries, as well as the risks and puzzles of both real and nominal convergence processes. The paper shows that current fiscal policy is the main limiting factor of the speed of the Czech Republic's entry into the EMU. The paper concludes by arguing that the Czech Republic should endeavor to join the EMU as quickly as possible.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/ee771f7b-777c-4a85-a104-f9c57522f552
- author
- Šaroch, Stanislav ; Srholec, Martin LU and Tomšík, Vladimír
- publishing date
- 2005-03
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Euro, enlargement policy, EU membership, adoption
- in
- Eastern European Economics
- volume
- 43
- issue
- 2
- pages
- 20 pages
- publisher
- M. E. Sharpe
- external identifiers
-
- scopus:18844385510
- ISSN
- 0012-8775
- language
- English
- LU publication?
- no
- id
- ee771f7b-777c-4a85-a104-f9c57522f552
- date added to LUP
- 2016-05-18 13:21:50
- date last changed
- 2022-01-30 03:32:35
@article{ee771f7b-777c-4a85-a104-f9c57522f552, abstract = {{<p>This paper discusses the strategy of the Czech economic policy as regards the current enlargement process of the European Economic and Monetary Union (EMU). The authors discuss the validity of the Maastricht criteria for the new European Union (EU) member countries, as well as the risks and puzzles of both real and nominal convergence processes. The paper shows that current fiscal policy is the main limiting factor of the speed of the Czech Republic's entry into the EMU. The paper concludes by arguing that the Czech Republic should endeavor to join the EMU as quickly as possible.</p>}}, author = {{Šaroch, Stanislav and Srholec, Martin and Tomšík, Vladimír}}, issn = {{0012-8775}}, keywords = {{Euro; enlargement policy; EU membership; adoption}}, language = {{eng}}, number = {{2}}, pages = {{5--24}}, publisher = {{M. E. Sharpe}}, series = {{Eastern European Economics}}, title = {{Euro adoption in the new EU member countries : Speed limits on a one-way road}}, volume = {{43}}, year = {{2005}}, }