Publication details

Index optimální měnové oblasti pro Českou republiku

Title in English Optimal Currency Area Index for the Czech Republic
Authors

BACHANOVÁ Veronika

Year of publication 2008
Type Article in Periodical
Magazine / Source Ekonomická revue
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords OCA;monetary union;euro;EMU
Description No each country is the best candidate for the monetary union membership. It results from the cost-benefit approach to OCA theory that the country is a good candidate for monetary union membership if the benefits from membership are greater than the costs. The OCA index makes considering the costs and benefits possible. In this article, the OCA index for the Czech Republic is counted. Then the author tries to answer the question if the Czech Republic is now a good candidate for the European Monetary Union membership.

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