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Real and Nominal Convergence and teh New EU Member States - actual state and implication

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25473361%3A_____%2F07%3A%230000457" target="_blank" >RIV/25473361:_____/07:#0000457 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Real and Nominal Convergence and teh New EU Member States - actual state and implication

  • Original language description

    This pa per ana ly ses the pro cess of no mi nal and real con ver gen ce of the new Mem ber Sta tes of the Eu ro pean Uni on. It also dis cus ses the o re ti cal and metho do lo gi cal is sues re la ting to this pro cess. This paper analyses the processof nominal and real convergence of the new Member States of the European Union. It also discusses theoretical and methodological issues relating to this process. The importance of nominal and real convergence is underlined in connection with a successfulcatching-up. The EU-10 economies experienced robust economic growth in re cent years, which had a positive impact on the convergence process. Although this favourable development of real convergence (GDP per capita in PPS) is accompanied by a simultaneous price (nominal) convergence (changes in relative prices and a convergence of price levels), the comparative price level is still biased to wards lower level in comparison with the per capita income.

  • Czech name

    Reálná a nominální konvergence nových členských zemí EU - aktuální stav a implikace

  • Czech description

    Článek se věnuje problematice nominální a reáné konvergence ve vybraných nových členských zemích EU. Vedle shrnuti stavu konvergence jsou zmíněny i další souvislosti nominální konvergence, které souvisí s přejetím společné evropské měny. Velká odlišnostekonomické a cenové úrovně může představovat potenciální nebezpečí nárůstu inflačních tlaků po vstupu do měnové unie.

Classification

  • Type

    J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA402%2F05%2F2210" target="_blank" >GA402/05/2210: Growth performance and qualitative competitiveness of the Czech economy</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2007

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Prague Economic Papers

  • ISSN

    1210-0455

  • e-ISSN

  • Volume of the periodical

    2007

  • Issue of the periodical within the volume

    3

  • Country of publishing house

    CZ - CZECH REPUBLIC

  • Number of pages

    25

  • Pages from-to

    195-219

  • UT code for WoS article

  • EID of the result in the Scopus database