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PL EN


Journal

2008 | 3 | 329-355

Article title

Poland's Accession to the Eurozone - Critical Analysis

Authors

Title variants

Languages of publication

PL

Abstracts

EN
The article contains the results of theoretical and empirical analysis of approaches and hypotheses that concern costs and benefits resulting from Poland's accession to the eurozone. Comparative analysis indicates that the bottom line results of Poland joining the Economic and Currency Union should be - in the longer run - advantageous. The path leading Poland to eurozone seems to be difficult because the country does not meet nominal and real convergence criteria. The fundamental problem is attributable to the need of deep reformulation of structural policy: modernization of state institutions and of the economy, improvements in policy mix are the main points. Poland should be well prepared and 'ripe' to benefit from opportunities ensuing from integration. Voluntary or too early resignation from the ability to conduct own monetary and exchange policies would not safeguard the stability of macroeconomic policy under conditions of contemporary challenges facing the world economy. The article is concluded with the statement that the integration with the monetary union should be desirable and, in the overall account, will bring benefits for Poland.

Journal

Year

Issue

3

Pages

329-355

Physical description

Document type

ARTICLE

Contributors

author
  • S. Lis, Uniwersytet Ekonomiczny w Krakowie, ul. Rakowicka 27, 31-510 Krak√≥w, Poland

References

Document Type

Publication order reference

Identifiers

CEJSH db identifier
09PLAAAA058615

YADDA identifier

bwmeta1.element.16afdaf9-a433-30d8-96db-1c111d97454c
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