NORMATIVE AND MACROECONOMIC CONDITIONS OF THE POSSIBILITY OF ENTERING EURO CURRENCY IN POLAND

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NORMATIVE AND MACROECONOMIC CONDITIONS OF THE POSSIBILITY OF ENTERING EURO CURRENCY IN POLAND

Journal Title: International Journal of Legal Studies ( IJOLS ) - Year 2018, Vol 4, Issue 2

Abstract

The discussion on various aspects of Poland's adoption of the single European currency has been going on for a long time. Economists present various, fundamentally different views on the subject. Hence the need for in-depth analysis and development of the best solutions for Poland. Most economists agree that adopting the Euro currency in Poland will be another particularly important development stimulus for the Polish economy. On the other hand, wages paid in Euro and prices of products and services expressed in Euro may generate a rise in prices and inflation in the initial period of introducing the Euro currency in Poland. There is a widespread opinion that Poland will be fully prepared to adopt the euro currency when the level of these incomes in Poland reaches the average level in the European Union. In addition to the incomes of citizens, the productivity, innovation, productive, capital and financial potential of the Polish economy are also important in this respect.<br/><br/>

Authors and Affiliations

Sylwia Gwoździewicz, Dariusz Prokopowicz

Keywords

Euro financial market economy currency market financial system central banking common currency Poland European Union state intervention monetary policy economic situation

EP ID EP517771
DOI 10.5604/01.3001.0013.0031
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