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Review of Economic Perspectives

Národohospodárský obzor; The Journal of Masaryk University

4 Issues per year


SCImago Journal Rank (SJR) 2015: 0.143
Source Normalized Impact per Paper (SNIP) 2015: 0.273
Impact per Publication (IPP) 2015: 0.121

Open Access
Online
ISSN
1804-1663
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Volume 12, Issue 2 (Jan 2012)

Issues

Maastricht Criteria of…Divergence?

Tomáš Paleta
  • Faculty of Economics and Administration, Masaryk university, Lipová 41a, Brno
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

About the article


Published Online: 2012-07-05

Published in Print: 2012-01-01


Citation Information: Review of Economic Perspectives, ISSN (Online) 1804-1663, ISSN (Print) 1213-2446, DOI: https://doi.org/10.2478/v10135-012-0005-7. Export Citation

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