Euro adoption in new EU countries

Iusif Ashirov

Master's thesis

Anotácia:

This thesis deals with the adoption of the Euro in new European countries. Due to the fact that I live and study in the Czech Republic, this country was chosen as the case study. Another country that was selected for the analysis is the Slovak Republic, which is very similar to the Czech Republic in its historical development and economic assumptions, as well as foreign trade. The aim of the thesis is to compare two selected countries - the Czech Republic and Slovakia in the context of economic development after 2009, i.e. after the accession of Slovakia to the Monetary Union. In the Czech Republic, the question of accepting the euro is still hypothetical. It is necessary to understand whether the Czech Republic fulfills the criteria of convergence, including nominal and real convergence, and what are the real reasons for not joining the Czech Republic to the monetary union.

Abstract:

This thesis deals with the adoption of the Euro in new European countries. Due to the fact that I live and study in the Czech Republic, this country was chosen as the case study. Another country that was selected for the analysis is the Slovak Republic, which is very similar to the Czech Republic in its historical development and economic assumptions, as well as foreign trade. The aim of the thesis is to compare two selected countries - the Czech Republic and Slovakia in the context of economic development after 2009, i.e. after the accession of Slovakia to the Monetary Union. In the Czech Republic, the question of accepting the euro is still hypothetical. It is necessary to understand whether the Czech Republic fulfills the criteria of convergence, including nominal and real convergence, and what are the real reasons for not joining the Czech Republic to the monetary union.

Kľúčové slová

Czech Republic, euro adoption, nominal convergence, real convergence, Slovak Republic, Maastricht criteria

Keywords

Maastricht criteria, real convergence, Slovak Republic, Czech Republic, nominal convergence, euro adoption

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 27. 11. 2020

Obhajoba závěrečné práce

• Obhajoba proběhla 8. 6. 2021
• Vedúci: Ondřej Šíma
• Oponent: Jiří Pour

Vysoká škola ekonomická v Praze

Master programme:
Finance and Accounting