The Consistency of Labour Productivity as a Condition for Unifying Countries in the Currency Area Cover Image

Zgodność poziomu produktywności pracy jako warunek jednoczenia państw w unii walutowej
The Consistency of Labour Productivity as a Condition for Unifying Countries in the Currency Area

Author(s): Anna Jonkisz-Zacny
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: labour productivity; currency zone; accession to the euro zone; convergence criteria

Summary/Abstract: The aim of the study is to present the concept of integration in the currency area, as indicated by non-decreasing productivity. The value of this indicator is the main subject of calculation and the basis for inference. The research shows that the countries where the rate of labour productivity is much lower than 3.0 should not join the euro zone. The group of countries to Poland belongs, with labour productivity at a rate of 2.0, should create its own currency zone, whose objective would be to increase labour productivity.

  • Issue Year: 945/2015
  • Issue No: 09
  • Page Range: 125-136
  • Page Count: 12
  • Language: Polish