area and the political legitimacy of EMU. It is worthwhile stressing that economic policies – except from monetary policy … states. This regional input provides empirical insights on these issues for Poland and the Czech Republic. … population. However, economic transformation puts a pension system under additional strain. Both Poland and the Czech Republic …

subsequently into the European Monetary Union (EMU) some years later, will cause deep changes within the political, economic, and … members in Central and Eastern Europe should continue to pursue an economic strategy of real convergence to the economic … look at the economic, political, social and institutional consequences for EMU enlargement. …

, a brief comparison of the Czech Republic and Poland reveals the need for further specific country analysis, since CEE …, Robert A.: ”A Theory of Optimum Currency Areas”, in: American Economic Review, Jg. 51, Nr.3, 1961, S. 657-65. The Eastward … monetary and fiscal policy. Moreover, a brief comparison of the Czech Republic and Poland reveals the need for further …

(represented by the famous maastricht convergence criteria) versus real convergence (catching up in economic development). In short … different level of economic development. Finally, special attention is paid to optimum currency area criteria, not only as a … (represented by the famous maastricht convergence criteria) versus real convergence (catching up in economic development). In short …

, International trade and factor mobility, American Economic Review“ 1957, vol. 47. 5 productivity, trade, capital transfers and … international economic relations in which assumption that production factors are not transferable internationally on large scale … of infrastructure, size of market and its absorption, political and economic stability, etc. 4. Definition of FDI …

for future price stability in an enlarged European Monetary and Economic Union (EMU). At the heart of this study are the … economic performances of the CEECs. This has then a negative impact on the level of price stability in Europe. The voting … enlargements”. European Economic Review 38, pp. 1153-1170. Winkler, B. (2000): “Which Kind of Transparency? On the Need for Clarity …

This paper analyses the economic effects of the eastern enlargement of the EU both on the existing Member States and … Market Adjustment Abstract This paper analyses the economic effects of the eastern enlargement of the EU both on the … Paas Government Institute for Institute of Economics Economic Research (VATT) University of Tartu …

, it is important to investigate the existence of alternative options in case of economic shocks that are specific to an … economic area, or that do not equally affect all EMU members. Theory suggests that financial markets, when integrated, can … existence of alternative options in case of economic shocks that are specific to an economic area, or that do not equally …

inflation are in agreement with the economic theory. We conclude that the exchange rate should be actively used to control the … economic activity is at the edge of the significance level (p-value is 0.057). Slovenia As we did for the Czech Republic … interest rate on the economic activity was observed using data from 1992 onwards in the Czech Republic, in Poland and in …

during the past decade, much remains to be done in economic, social, and political terms. However, it is important to note … Contracts' Approach to Financial Contracting.” Review of Economic Studies, 59, pp. 473 - 494. Akerlof, G. 1970. “The Market … and Delegated Monitoring,” Review of Economic Studies, 51, pp. 393 - 414. Earle, J. and S. Estrin. 1998. “Privatisation …