The Impact of Euro Adoption on Competitiveness: Comparison of the Czech Republic and Slovakia - Couverture souple

Polyák, Oliver

 
9783659246937: The Impact of Euro Adoption on Competitiveness: Comparison of the Czech Republic and Slovakia
Couverture souple
ISBN 10 : 365924693X ISBN 13 : 9783659246937
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

The presented publication focuses on the impact of introducing the common European currency on the competitiveness of a country. Much has been written on the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this paper is its exploration of the impact of euro introduction on the competitiveness of Slovakia, in comparison to the Czech Republic which still uses its own national currency. Our findings suggest that most of the analyzed competitiveness indicators evolved largely in parallel in both countries. Positive trade effects brought about by the introduction of the euro are rather moderate – up to 5%. Slovak credit development was more favorable during the crisis, reflecting lower interest rates in the eurozone. On the other hand, high contributions to European stabilization funds may hamper Slovakia’s economic growth and negatively influence the country’s competitiveness in the future.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The presented publication focuses on the impact of introducing the common European currency on the competitiveness of a country. Much has been written on the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this paper is its exploration of the impact of euro introduction on the competitiveness of Slovakia, in comparison to the Czech Republic which still uses its own national currency. Our findings suggest that most of the analyzed competitiveness indicators evolved largely in parallel in both countries. Positive trade effects brought about by the introduction of the euro are rather moderate – up to 5%. Slovak credit development was more favorable during the crisis, reflecting lower interest rates in the eurozone. On the other hand, high contributions to European stabilization funds may hamper Slovakia’s economic growth and negatively influence the country’s competitiveness in the future.

Biographie de l'auteur

The author is currently a Ph.D. student of economics at the Institute of Economic Studies, Charles University in Prague.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
365924693X
ISBN 13 
9783659246937
Reliure
Broché
Nombre de pages
96
Coordonnées du fabricant
non disponible
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