BENADA, Luděk a Jindřiška ŠEDOVÁ. Suitability of entry into the Euro Area. An excursion in selected economies. World Academy of Science, Engineering and Technology. Berlin, Germany: World Academy of Science, Engineering and Technology, 2013, roč. 77 / 2013, květen 2013, s. 968-972. ISSN 2010-376X.
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Základní údaje
Originální název Suitability of entry into the Euro Area. An excursion in selected economies
Autoři BENADA, Luděk (203 Česká republika, garant, domácí) a Jindřiška ŠEDOVÁ (203 Česká republika, domácí).
Vydání World Academy of Science, Engineering and Technology, Berlin, Germany, World Academy of Science, Engineering and Technology, 2013, 2010-376X.
Další údaje
Originální jazyk angličtina
Typ výsledku Článek v odborném periodiku
Obor 50200 5.2 Economics and Business
Stát vydavatele Německo
Utajení není předmětem státního či obchodního tajemství
Kód RIV RIV/00216224:14560/13:00074800
Organizační jednotka Ekonomicko-správní fakulta
Klíčová slova česky Měnové kurzy Maastrichtská konvergenční kritéria měnová unice veřejné finance
Klíčová slova anglicky Currency exchange rate Maastricht convergence criteria monetary union public finances
Příznaky Mezinárodní význam, Recenzováno
Změnil Změnila: JUDr. Jindřiška Šedová, CSc., učo 1167. Změněno: 27. 5. 2014 22:57.
The current situation in the eurozone raises a number of topics for discussion and to help in finding an answer to the question of whether a common currency is a more suitable means of coping with the impact of the financial crisis or whether national currencies are better suited to this. The economic situation in the EU is now considerably volatile and, due to problems with the fulfilment of the Maastricht convergence criteria, it is now being considered whether, in their further development, new member states will decide to distance themselves from the euro or will, in an attempt to overcome the crisis, speed up the adoption of the euro. The Czech Republic is one country with little interest in adopting the euro, justified by the fact that a better alternative to dealing with this crisis is an independent monetary policy and its ability to respond flexibly to the economic situation not only in Europe, but around the world. One attribute of the crisis in the Czech Republic and its mitigation is the freely floating exchange rate of the national currency. It is not only the Czech Republic that is attempting to alleviate the impact of the crisis, but also new EU member countries facing fresh questions to which theory have yet to provide wholly satisfactory answers. These questions undoubtedly include the problem of inflation targeting and the choice of appropriate instruments for achieving financial stability. The difficulty lies in the fact that these objectives may be contradictory and may require more than one means of achieving them. In this respect we may assume that membership of the eurozone might not in itself mitigate the development of the recession or protect the nation from future crises. We are of the opinion that the decisive factor in the development of any economy will continue to be the domestic economic policy and the operability of market economic mechanisms. We attempt to document this fact using selected countries as examples, these being the Czech Republic, Poland, Hungary and Slovakia.
VytisknoutZobrazeno: 25. 6. 2022 18:34