The discrepancy between perceived infl ation and its actual level in the new euro area member states may also result from the experience of countries in which – as a result of the price rounding effects – there was an increase in the prices of some consumer goods. The occurring level of infl ation, which is contained in the inflation target of the central bank is acceptable, because its impact on the economy is positive. As a result of the review of the literature, as well as the analysis of statistical data, it was found that in some of the surveyed countries (Estonia and Slovenia), in the first years after the adoption of the single currency, the price rose above the ECB infl ation target, however, this result cannot be attributed solely to the introduction of the single currency (euro). If, after the introduction of a single currency, the rate of inflation is close to the inflation target, then the common monetary policy brings positive effects, and the excessive price increase is only an illusion. The hypothesis was adopted that the average price level increase - within the framework of the inflation targeting – is a fixed element of the monetary policy of all central banks, including the European Central Bank. Slovenia, Slovakia, Estonia, Latvia and Lithuania. more The aim of the article is to assess the impact of the euro adoption on the inflation level in the countries of Central and Eastern Europe, i.e. The aim of the article is to assess the impact of the euro adoption on the inflation level in the. Dalsze badania nad ewentualną nieadekwatnością cykliczną wspolnej polityki pienieznej. Relatywnie niski poziom synchronizacji cyklu koniunkturalnego Slowacji ze strefą euro wskazuje, ze nie jest to kryterium decydujące o przystąpieniu do unii walutowej. Oznacza to, ze Polska bylaby lepszym kandydatem do przyjecia wspolnej waluty niz Slowacja. Wyniki badan wskazują, ze cykl koniunkturalny Polski jest w mniejszym stopniu zsynchronizowany z cyklem strefy euro niz cykle Estonii i Slowenii, ale w wiekszym niz Slowacji. W artykule prezentowane są wyniki badan porownawczych synchronizacji cykli koniunkturalnych 4 krajow: Polski, Estonii, Slowacji i Slowenii z cyklem koniunkturalnym strefy euro (12). Tym samym zmniejsza sie koszt związany z utratą autonomii krajowej polityki pienieznej. more Synchronizacja cykli koniunkturalnych jest jednym z najwazniejszych kryteriow optymalizacji wewnątrz obszaru jednowalutowego, poniewaz eliminuje ryzyko nieadekwatności cyklicznej wspolnej polityki monetarnej. Synchronizacja cykli koniunkturalnych jest jednym z najwazniejszych kryteriow optymalizacji wewną. Despite this, effects of membership in the European Union for employment and. Very small progress in the ranking means that the pace of catching up is too slow. Although some indicators (employment and GDP per capita) have improved, sigma convergence does not occur and the positions of those sub-regions do not show any significant changes, only Olsztyński sub-region noted small improvement in the ranking. Changes of economy structure are studied using the changes of the shares of sectors - NACE Rev. The basis of assessment that was adopted was the change of position relative to all EU-sub-regions. The aim of the study is to assess the effectiveness of cohesion policy in the sub-regions (NUTS 3 ) of the Warmińsko-Mazurskie Voivodship: Ełcki, Elbląski, and Olsztyński. The region is internally diverse at the sub-regional level. more Warmińsko-Mazurskie Voivodship is one of the poorest EU regions. Warmińsko-Mazurskie Voivodship is one of the poorest EU regions.
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