Publication details
Členství České republiky v EMU - výzva pro české veřejné finance
| Title in English | The Czech Republic Membership in EMU - the Czech Public Finance Challenge |
|---|---|
| Authors | |
| Year of publication | 2006 |
| Type | Article in Periodical |
| Magazine / Source | Národohospodárský obzor |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | European Monetary Union; public finance; nominal convergence; real convergence |
| Description | The aricle is focused on the Czech Republic public finance and fiscal policy analysis. The Czech Republic accesion to the EMU brings a challenge to the Czech fiscal policy. Acceptance euro as the national currency and common monetary policy instead of national monetary policy means, that the national fiscal policy becomes the instrument for fighting with asymmetric shocks. This function supposes the sound public finance, structurally-balanced and flexible state budget. |