Výzvy pro nové členské země EU na cestě do eurozóny

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25473361%3A_____%2F07%3A%230000610" target="_blank" >RIV/25473361:_____/07:#0000610 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Challenges for the new EU Member States on the Road to the Eurozone.

Popis výsledku v původním jazyce

This paper analyses the process of nominal and real convergence in the new EU Member States. The importance of nominal and real convergence is underlined in connection with a successful catching-up. These economies experienced robust economic growth in recent years, which had a positive impact on the convergence process. Although this favourable development of real convergence is accompanied by a simultaneous price (nominal) convergence, the comparative price level is still biased towards lower level incomparison with the per capita income. The regression analysis shows interdependence between the comparative price and the income per capita level. This basis enables to evaluate potential benefits and risks connected with joining the euro. The benefitsconnected with elimination of exchange rate risks and reduction of transaction costs can be compared with the disadvantages associated with the loss of an independent monetary policy and an adjusting exchange rate mechanism.

Název v anglickém jazyce

Challenges for the new EU Member States on the Road to the Eurozone.

Popis výsledku anglicky

This paper analyses the process of nominal and real convergence in the new EU Member States. The importance of nominal and real convergence is underlined in connection with a successful catching-up. These economies experienced robust economic growth in recent years, which had a positive impact on the convergence process. Although this favourable development of real convergence is accompanied by a simultaneous price (nominal) convergence, the comparative price level is still biased towards lower level incomparison with the per capita income. The regression analysis shows interdependence between the comparative price and the income per capita level. This basis enables to evaluate potential benefits and risks connected with joining the euro. The benefitsconnected with elimination of exchange rate risks and reduction of transaction costs can be compared with the disadvantages associated with the loss of an independent monetary policy and an adjusting exchange rate mechanism.

Druh

A - Audiovizuální tvorba

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/1M0524" target="_blank" >1M0524: Centrum výzkumu konkurenční schopnosti české ekonomiky</a><br>

Návaznosti

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

Rok uplatnění

2007

Kód důvěrnosti údajů

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

ISBN

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Místo vydání

Loughborough

Název nakladatele resp. objednatele

Loughborough University

Verze

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Identifikační číslo nosiče

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