ACCESS TO THE EUROZONE - FROM ILLUSIONS TO REALITIES (Wejscie do strefy euro - od iluzji do konkretów)

• Authors: Zyzynski Jerzy
• Languages of publication: PL

Abstracts

EN

The author deals with the question of unpreparedness of the Polish economy to joining the Eurozone. He shows the levels of divergence in income distribution, in the development of the bank sector in terms of its assets related to GDP, and in the financial weakness of the public sector. He discusses the possible effects of the change of currency for the public, showing the results of divergence between the market exchange rate and the purchasing power parity. He advocates throwing away all general argument for access to the euro-zone as creating illusion. Instead he proposes to scrutinize the consequences of currency change at different levels of exchange rate.

Keywords

EN

CURRENCY INTEGRATION; EURO; EUROZONE; OPTIMUM CURRENCY AREA

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Komitet Nauk Ekonomicznych PAN, Polskie Towarzystwo Ekonomiczne
• Journal: Ekonomista
• Year: 2009
• Issue: 5
• Pages: 579-605
• Document type: ARTICLE

Contributors

author

Zyzynski Jerzy

• Jerzy Zyzynski, Uniwersytet Warszawski, Wydzial Zarzadzania, ul Szturmowa 1/3, 02-678 Warszawa, Poland

Identifiers

CEJSH db identifier

09PLAAAA070124