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Business Cycle Similarity and Convergence of Central and Eastern European Countries Towards the Eurozone: Is there a European Business Cycle?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F11%3A00181616" target="_blank" >RIV/62156489:43110/11:00181616 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Business Cycle Similarity and Convergence of Central and Eastern European Countries Towards the Eurozone: Is there a European Business Cycle?

  • Original language description

    In this chapter we try to find some evidence of European business cycle shaping during the recent years of economic and monetary integration in Europe. We start with the endogenity hypothesis that intensive integration processes will lead to more synchronized business cycles. Economic integration in Europe includes mainly trade and capital flows liberalization, and policy harmonization. There were few important milestones in recent integration processes in Europe. Firstly, we should name the intensive preparations of the candidate Central and Eastern European (CEE) countries and consequent EU enlargement in 2004. Secondly, the monetary unification processs including creating the monetary union in 1999 and its further enlargement during next two decadesalso moved the integration forward. On the other hand we are also aware of other important factors such as trade and investor activity by the rest of the world mainly USA in Europe and also Global economic crises influence in recent year

  • Czech name

  • Czech description

Classification

  • Type

    C - Chapter in a specialist book

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2011

  • Confidentiality

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

Data specific for result type

  • Book/collection name

    Financial and Economic Crisis: Causes, Consequences and the Future.

  • ISBN

    978-80-87106-45-7

  • Number of pages of the result

    19

  • Pages from-to

    196-214

  • Number of pages of the book

    277

  • Publisher name

    Martin Stříž Publishing

  • Place of publication

    Bučovice

  • UT code for WoS chapter