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CONSEQUENCES OF UNILATERAL EUROISATION ON EXAMPLE OF KOSOVO (Konsekwencje jednostronnej euroizacji na przykladzie Kosowa.)

100%

Kubiszewska K.

Pieniądze i Więź

2010

vol. 13

issue 2(47)

166-170

Alongside to its advantages unilateral euroisation, as procedure of introducing new, stable legal tender, carries out few dangers. The country gives up macroeconomic tools like interest rates or exchange rate and only flexible labour market can counteract these disadvantages. Therefore the unilateral euroisation is possible in the case of relatively small and open economies, in which annuity income is not so high.

UNILATERAL EUROISATION AS WAY TO ACHIEVE STABLE CURRENCY, BASED ON EXAMPLES OF KOSOVO AND MONTENEGRO (Jednostronna euroizacja - sposób na uzyskanie stabilnej waluty, na przykladzie Kosowa i Czarnogóry)

80%

Kubiszewska K.

Pieniądze i Więź

2010

vol. 13

issue 3(48)

140-150

Introducing common currency has got as many opponents as advocates. However, introducing common currency with unilateral euroisation is not discussed so much, because this procedure can be successful only in the specific environment - the economy must be relatively small but open, it should have experienced hyperinflation and obtain relatively low seniorage income and has high foreign reserves. The article is aimed at presenting positive effects of unilateral euroisation and their influence on the economies in countries which are not members of European Union - Kosovo and Montenegro.

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2 Pieniądze i Więź

2 2010

2 Kubiszewska K.

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CONSEQUENCES OF UNILATERAL EUROISATION ON EXAMPLE OF KOSOVO (Konsekwencje jednostronnej euroizacji na przykladzie Kosowa.)

UNILATERAL EUROISATION AS WAY TO ACHIEVE STABLE CURRENCY, BASED ON EXAMPLES OF KOSOVO AND MONTENEGRO (Jednostronna euroizacja - sposób na uzyskanie stabilnej waluty, na przykladzie Kosowa i Czarnogóry)