PL EN


2013 | 281 |
Article title

Trwałość konwergencji nominalnej w Polsce z perspektywy uczestnictwa w Unii Gospodarczej i Walutowej

Content
Title variants
Languages of publication
Abstracts
EN
This article examines sustainability of nominal convergence in Poland and the ability of the Polish economy to operate in the EMU. Particular attention is paid to the determination of the reference value for price stability and the stability of long-term interest rates. The article proposes several alternatives for them. The analysis shows that Poland has great difficulty in meeting the criterion for price stability and budget deficit. The article also analyzes the sustainability of convergence in the euro area countries during the economic crisis. The assessment of stability of convergence criteria in the euro area may have a significant implications for countries with a derogation. Emphasis is put to sustainability of public finance. The analysis shows that if Poland manages to stabilize inflation in terms of nominal convergence criteria, it may prove to become a prospective candidate for participation in the euro area.
Keywords
Year
Volume
281
Physical description
Dates
published
2013
References
Document Type
Publication order reference
Identifiers
URI
http://hdl.handle.net/11089/9344
YADDA identifier
bwmeta1.element.hdl_11089_9344
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