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ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION

Vinko Kandžija ; ECSA B&H, Mostar, Bosnia and Herzegovina
Marko Tomljanović   ORCID icon orcid.org/0000-0003-0394-7518 ; Faculty of Economics University of Rijeka, Rijeka, Croatia
Matea Zekić ; Zadar, Croatia

Puni tekst: engleski, pdf (804 KB) str. 168-197 preuzimanja: 54* citiraj
APA 6th Edition
Kandžija, V., Tomljanović, M. i Zekić, M. (2017). ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION. Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru, (Special Issue 2017.), 168-197. Preuzeto s https://hrcak.srce.hr/204327
MLA 8th Edition
Kandžija, Vinko, et al. "ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION." Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru, vol. , br. Special Issue 2017., 2017, str. 168-197. https://hrcak.srce.hr/204327. Citirano 25.05.2020.
Chicago 17th Edition
Kandžija, Vinko, Marko Tomljanović i Matea Zekić. "ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION." Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru , br. Special Issue 2017. (2017): 168-197. https://hrcak.srce.hr/204327
Harvard
Kandžija, V., Tomljanović, M., i Zekić, M. (2017). 'ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION', Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru, (Special Issue 2017.), str. 168-197. Preuzeto s: https://hrcak.srce.hr/204327 (Datum pristupa: 25.05.2020.)
Vancouver
Kandžija V, Tomljanović M, Zekić M. ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION. Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru [Internet]. 2017 [pristupljeno 25.05.2020.];(Special Issue 2017.):168-197. Dostupno na: https://hrcak.srce.hr/204327
IEEE
V. Kandžija, M. Tomljanović i M. Zekić, "ACCESSION OF THE REPUBLIC OF CROATIA TO THE EUROPEAN ECONOMIC AND MONETARY UNION", Zbornik radova Ekonomskog fakulteta Sveučilišta u Mostaru, vol., br. Special Issue 2017., str. 168-197, 2017. [Online]. Dostupno na: https://hrcak.srce.hr/204327. [Citirano: 25.05.2020.]

Sažetak
European monetary integration is a long-term process which ended with the establishment of the European Economic and Monetary union in 2002. Entering in the last stage of integration and adopting the euro is significant step for the economies of member states. To participate in the EMU, member states need to fulfil certain criteria, known as the convergence criteria or Maastricht criteria, which essentially comprise the fulfilment of the price stability, financial stability and stability of exchange rates and interest rates. Considering nominal criteria, member states must accomplish real convergence which means they need to reduce development lagging after other EU members. This paper examines effects of euro adoption on entire European Union including Republic of Croatia. The effects of adopting the euro on Croatian economy are explored from microeconomic and macroeconomic aspect. Regarding the variety of positive, but also negative effects on Croatian economy which are analysed in this paper, it can be concluded that adopting the euro has a positive effect on Croatian economy, assuming the convergence criteria achievement and initiation of the structural reforms that will reduce development disparities between Croatian economy and economies of the rest EU member states.

Ključne riječi
EMU; euro; eurozone; nominal convergence; real convergence; Republic of Croatia

Hrčak ID: 204327

URI
https://hrcak.srce.hr/204327

Posjeta: 134 *