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

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

C - Kapitola v odborné knize

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2011

Kód důvěrnosti údajů

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

Název knihy nebo sborníku

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

ISBN

978-80-87106-45-7

Počet stran výsledku

19

Strana od-do

196-214

Počet stran knihy

277

Název nakladatele

Martin Stříž Publishing

Místo vydání

Bučovice

Kód UT WoS kapitoly

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