Examination of Economic Convergence of the Slovak Republic Cover Image

Prüfung der Wirtshaftlichen Konvergenz der Slowakischen Republik
Examination of Economic Convergence of the Slovak Republic

Author(s): Radoslav Jankal, Miriam Jankalová
Subject(s): Economy
Published by: Vilnius Gediminas Technical University
Keywords: Convergence criteria; European Union; Eurozone; monetary union; stability.

Summary/Abstract: The con­ver­gen­ce cri­te­ria about the en­try of the coun­try in­to the Eu­ro­zo­ne ex­pres­sly predicate “on­ly“ of the tem­po­ra­ry com­pe­ten­ce to con­form the mo­ne­ta­ry and fis­cal po­li­cies to the require­ments of the cur­rent Eu­ro­zo­ne mem­bers. The con­ver­gen­ce cri­te­ria do not in­di­ca­te the re­a­di­ness ra­te of eco­no­mics sub­jects and con­di­tions for Eu­ro­zo­ne and don not pre­di­ca­te about the func­tio­na­li­ty of Eu­ro­zo­ne al­so. It is un­ders­tan­dab­le, to a cer­tain ex­tent, from the view of cur­rent mem­bers of Eco­no­mic and Mo­ne­ta­ry Union, that they test the “can­di­da­tes”, if they do not cau­se the fi­nan­cial pro­blems to them.

  • Issue Year: 2008
  • Issue No: 1
  • Page Range: 45-50
  • Page Count: 6
  • Language: German