Integration Process Of Slovakia Into The European Monetary Union In Perspective Of Selected Macro-Economic Theories During The Current Economic Crisis
Abstract
Each national economy anticipates mostly positive effects after joining the Euro. Positive expectations are logical, since every new country admitted to the EU pledges to join the Monetary Union and till the admission has the status of a member state with a temporal exemption for the joining of the Euro. According to the macroeconomic results, there is usually an illusion present that the membership in the Eurozone itself absorbs the progress of the global recession. On the other hand, in favor of the membership in the Eurozone speaks the fact that all countries admitted had to rigidly fulfill the Maastricht Convergence Criteria leading to the mediumterm guarantee of a healthy and longterm sustainable economy.
References
Boros, K. Èo prinesú svetu extrémne nízke úrokové sadzby? In: Finanèný portál Hospodárskych novin [online]. [cit.5.9.2009]. Available at: http://boros.blog.hnonline.sk/c134391520coprinesu svetuextremnenizkeurokovesadzby
Frank, R., H. – Bernanke, B. S. Ekonomie. Praha : Grada Publishing, 2003, 804 p. ISBN 8024704714.
Heèková, J. Podnikové financie. Prvé vydanie. Prešov: Fakulta manamentu Prešovskej univerzity v Prešove, 2007, 257 p. ISBN 9788080686895.
Iša, J., Okáli, I. European Monetary Union, Optimum Currency Area and Possible Effects of Slovakia’s Joining the Euro Area. In: Politická ekonomie, vol. LVI, 2008, no.3, pp. 318344. ISSN 0032 3233.
Jureèka, V. – Jánošíková, I. Makroekonómie. Ostrava : VŠB – TU Ostrava, 2006, 312 p. ISBN 802485308.
Komárek, L., Koprnická, K., Král, P. LongTerm Real Appreciation as the Phenomenon of Phenomenon of Economic Convergence. In: Politická ekonomie, vol. 58, 2010, no.1, pp. 7091. ISSN 00323233. republike a Slovenskej republike. In: Zborník príspevkov z konferencií a seminárov Národného konventu o Európskej únii : Úrad vlády Slovenskej republiky, „Prvý rok SR v eurozóne“. Bratislava : Ševt, a.s., 2010, pp. 3946. ISBN 9788081060182.
Krugman, P. Chvála ve¾kého štátu a ve¾kej vlády. In: Finanèný portál Hospodárskych novin [online]. [cit. 5.9.2009]. Available at: http://m.hnonline.sk/c338096670kw0000_dkrugmanchvala velkehostatuavelkejvlady
Lebiedzik, M. Tuleja, P., Pauhofová, I. The Comparison of Preparedness of the Czech Republic and Slovakia to Introduction of Euro. In: Ekonomický èasopis, 56, 2008, no.1, pp. 2238. ISSN 00133035.
Mirdala, R. Exchange Rate and output Vulnerability to Macroeconomic Shocks in Selected CEECs (SVAR Approach). In: Ekonomický èasopis, 56, 2008, no.8, pp. 745763. ISSN 00133035.
Samuelson, P.A. Nordhaus,W.D. Economics. New York: McgrawHill Education, 18 Ed. 2004, 832 p. ISBN 9780071239325.
Tomšík, V. Euro by Èechom v kríze nepomohlo. In: Finanèný portál Hospodárskych novin [online]. [cit. 5.9.2009]. Available at: http://finweb.hnonline.sk/c338141700kP0000_deurobycechom vkrizenepomohlo
Copyright information
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (Creative Commons Attribution License 3.0 - CC BY 3.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
info@cbuni.cz, www.cbuni.cz, ojs.journals.cz