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Review of Economic Perspectives

Národohospodárský obzor; The Journal of Masaryk University

4 Issues per year


CiteScore 2016: 0.50

SCImago Journal Rank (SJR) 2016: 0.262
Source Normalized Impact per Paper (SNIP) 2016: 0.516

Open Access
Online
ISSN
1804-1663
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Volume 12, Issue 2

Issues

Maastricht Criteria of…Divergence?

Tomáš Paleta
Published Online: 2012-07-05 | DOI: https://doi.org/10.2478/v10135-012-0005-7

Maastricht Criteria of…Divergence?

This article focuses on problematic issues of the Maastricht criteria. The possible effect of attempt to meets the criteria is confronted with its intended purpose. Each criterion is analysed generally by pointing out problematic issues, subsequently, fulfilment by Eurozone members and risks for the Czech Republic, too, are shortly analysed. It is shown that in many cases fulfilling criteria can lead to a different development than was initially intended. The analysis reveals that attempts to meet the criteria can lead to divergence from Eurozone, can cause several economic problems and can bring pain with no gain.

Keywords: Maastricht criteria; euro; Eurozone; monetary policy

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Published Online: 2012-07-05

Published in Print: 2012-01-01


Citation Information: Review of Economic Perspectives, Volume 12, Issue 2, Pages 92–119, ISSN (Online) 1804-1663, ISSN (Print) 1213-2446, DOI: https://doi.org/10.2478/v10135-012-0005-7.

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