This thesis deals with the monetary union development issues and their role in the process of European Union integration. Following the Maastricht convergence criteria (price stability, foreign exchange rate stability, stability of long-term interest rates, and condition of public finance) is essential for the accession to the European Monetary Union (EMU). The sense of Maastricht criteria is to evaluate the level of economic convergence. The content of the thesis focuses both on the evaluation of the candidates ability to fulfill the Maastricht criteria and to integrate into the monetary regime of EMU, and fulfilment of the criteria by current members of EU. Next part of the thesis follows up the origin and development of a theory of optimum currency area (OCA), which assesses the suitability of using common currency within EMU by means of its criteria.
In conclusion of the thesis benefits and expenses of the common currency are compared, and the future development of EMU is mentioned.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:260138 |
| Date | January 2016 |
| Creators | Fleischmannová, Hana |
| Contributors | Boháčková, Ivana, Radek, Radek |
| Publisher | Česká zemědělská univerzita v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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