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The Effects of euro Adoption on the Slovak Economy

Author

Listed:
  • Martin Suster
  • Marek Arendas
  • Michal Bencik
  • Pavel Gertler
  • Frantisek Hajnovic
  • Zora Kominkova
  • Tibor Lalinsky
  • Marian Nemec
  • Dusan Preisinger
  • Vladimir Solanic
  • Anna Strachotova
  • Marcel Tirpak
  • Tomas Tozser
  • Juraj Zeman

Abstract

In this study we assess the effects of euro adoption from an economic perspective. The benefits and disadvantages of Slovak entry to the euro area were discussed already when the euro adoption strategy was adopted. This analysis utilizes the latest information, using the set euro adoption date and the chosen euro adoption scenario. We attempt to quantify the most important effects, so that the costs and benefits can be compared. The costs and risks related to the euro area entry will depend on economic conditions and policies. Therefore we analyze the economic policies, which should support euro adoption, the issues of optimal timing of euro area entry and the impacts of euro adoption on citizens, businesses and the state administration.

Suggested Citation

  • Martin Suster & Marek Arendas & Michal Bencik & Pavel Gertler & Frantisek Hajnovic & Zora Kominkova & Tibor Lalinsky & Marian Nemec & Dusan Preisinger & Vladimir Solanic & Anna Strachotova & Marcel Ti, 2006. "The Effects of euro Adoption on the Slovak Economy," Working and Discussion Papers 1/2006, Research Department, National Bank of Slovakia.
    • Handle: RePEc:svk:wpaper:1000
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    Cited by:

    1. Tibor Lalinsky & Jaanika Meriküll, 2021. "The Effect of the Single Currency on Exports: Comparative Firm-Level Evidence," International Journal of Central Banking, International Journal of Central Banking, vol. 17(3), pages 203-239, September.
    2. repec:cnb:ocpubv:as14 is not listed on IDEAS
    3. Jan Zilinsky, 2009. "What Determines Borrowing Costs of EU Countries," Working and Discussion Papers WP 4/2009, Research Department, National Bank of Slovakia.
    4. Jií Schwarz & Josef Sima, 2011. "The Euro as a Hindrance to Recovery? A Comparative Analysis of the Czech Republic and Slovakia," Chapters, in: David Howden (ed.), Institutions in Crisis, chapter 10, Edward Elgar Publishing.

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