Is Slovakia making headway towards constituting an OCA with the EMU?

Eva Špániková

Master's thesis

Směřuje Slovenská Republika k vytvoření optimální měnové oblasti s eurozónou?

Abstract:

The goal of this diploma thesis is to assess the suitability and readiness of the Slovak Republic to adopt a single European currency. In analyzing the costs and benefits relating to Slovakia?s accession to the EMU, this thesis is guided by the theory of the OCA. The thesis provides a survey of the OCA theory, attempts to measure some of the OCA indicators and calculate OCA index for Slovakia. The results suggest that Slovakia fulfils the necessary condition for joining the monetary union, i.e. it is relatively well aligned with the euro area. The diploma thesis concludes that Slovakia is relatively suitable and well-prepared to join the euro area in 2009.

Keywords

optimum currency area, monetary integration, Slovak Republic, euro adoption, OCA index, convergence, exchange rates

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 6. 12. 2006

Obhajoba závěrečné práce

• Obhajoba proběhla 29. 1. 2007
• Vedúci: Anna Klosová
• Oponent: Soňa Gullová

Vysoká škola ekonomická v Praze

Master programme / odbor:
Mezinárodní ekonomické vztahy / Mezinárodní obchod