Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/219791 
Year of Publication: 
2016
Series/Report no.: 
Institute of Economic Research Working Papers No. 8/2016
Publisher: 
Institute of Economic Research (IER), Toruń
Abstract: 
In the chapter attempts have been taken to assess the potential impact of Polish accession to the euro zone. The analysis covers costs and benefits of monetary integration which are mostly pointed in literature, alluding to the experience of European Union countries. The analysis covers the years 1996-2004. A comparison was made between countries which have adopted the euro in 1999, and those that remained with the national currencies. There are differences between these two groups of countries in increments of GDP per capita, since the introduction of the euro in paper form, despite an earlier convergence of this indicator, however much smaller differences occurred in the case of the inflation rate. Both groups of countries have recorded a significant increase in foreign trade turnover since the inception of the euro area. The data used in the analysis come from the European Statistical Office (Eurostat) and the United Nations Conference on Trade and Development (UNCTAD).
Subjects: 
monetary union
euro zone
JEL: 
E02
E52
E59
F45
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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