Popis: |
The aim of this work is to appraise advantages and disadvantages of accepting EURO, in Czech Republic, which has already taken steps in order to join the EMU. The first part focus on the establishment and development of the EMU and about requirements, which have to be fulfilled by the countries, which are supposed to become members of the EMU. Afterwards, I would like to speak about pros and cons associated with this membership and consequently, I will analyse consequences caused by acceptance of a single currency. With regard to previous theory and experience of the EMU members, the second part is adressed to the Czech Republic. Except from analysis of current economic factors, which are important when talking about accepting the EURO, I will mention opinions and positions of the leaders of the main political parties and alternative institutions. Then, I will compare the Czech Republic with other countries, that are adepts for accepting common currency. Finally, I will put together the benefits and costs associated with single currency and I will make adequate conclusions on the basis of previous analysis. |