Crowns to Euro: Measuring the Impact

Rustam Nurmakhamet

Bakalářská práce

Abstract:

This bachelor thesis investigates the potential economic consequences of Euro adoption for the Czech Republic, utilizing Slovakia as a primary case study and drawing on experiences from other Eastern European Eurozone countries. The primary objective is to evaluate the economic implications, supported by secondary goals including identifying key economic indicators, assessing financial market and psychological impacts, highlighting challenges and opportunities, and proposing policy recommendations. The theoretical framework examines the historical significance of the Czech crown, the principles of the European Monetary Union, and the broader economic and social effects of adopting a single currency, grounded in relevant academic literature. The practical component employs a survey of Slovak citizens, collected through a mixed-method approach involving social media and in-person interviews, to explore public perceptions and societal attitudes toward the currency transition. The analysis bridges theoretical insights with empirical findings, revealing a balance of economic benefits against public concerns, and suggesting tailored policy strategies for the Czech context. Future research is recommended to address unexplored areas and enhance the understanding of Euro adoption’s broader impacts.

Keywords

Czech Republic, Euro adoption, Czech Crown, Slovakia, Economic impact, European Monetary Union, Public perception, Monetary policy

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 26. 3. 2025

Obhajoba závěrečné práce

• Obhajoba proběhla 4. 2. 2026
• Vedoucí: Jared Daniel Jacques
• Oponent: Ivan Hrbek, Ing.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program:
Business Administration