Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31948 
Year of Publication: 
2003
Series/Report no.: 
Ezoneplus Working Paper No. 17E
Publisher: 
Free University Berlin, Jean Monnet Centre of Excellence, Berlin
Abstract: 
Such an exceptional event as the creation of the EMU and the euro has not had happened never before. The most common challenges concerning EMU and the euro are: fiscal policy making, monetary policy making, euro area being a non-optimal currency area and the political legitimacy of EMU. It is worthwhile stressing that economic policies except from monetary policy are still framed by the individual member states or by coordination with others. It is than of the utmost importance to define what are the chances for the euro to preserve its influence and to combat inflation after accession of ten new member states. This regional input provides empirical insights on these issues for Poland and the Czech Republic.
Subjects: 
Monetary Policy Modelling
EMU
Regional Input
Monetary and Fiscal Policies
JEL: 
E42
E52
Document Type: 
Working Paper

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