| Abstract: |
The bachelor thesis Euro adoption: assessing impacts on inflation in the Czech Republic focuses on possible effects of adoption of Euro on inflation. The first section provides a brief overview of the historical and theoretical background of the European Monetary Union. The second section analyses the inflationary effects of the common currency on the EMU as a whole, then describes the development of inflation in selected member states and tries to identify the possible reasons for such development. The third section focuses on the position of the Czech Republic as the future member of the European Monetary Union. It briefly overviews the strategy of adoption of Euro in the Czech Republic and evaluates the fulfilment of the convergence criteria. The main goal of this thesis is to identify and analyse the possible factors which may affect the inflation development in the Czech Republic after Euro adoption, also by drawing conclusions from experiences of the current EMU member states. |
