THE APPLICATION OF OCA CRITERIA ON THE EUROPEAN MONETARY UNION
THE APPLICATION OF OCA CRITERIA ON THE EUROPEAN MONETARY UNION

Author(s): Michal Fabuš
Subject(s): Economic policy, EU-Accession / EU-DEvelopment
Published by: Masarykova univerzita nakladatelství
Keywords: Theory of optimum currency areas; European Monetary Union; OCA criteria; future of EMU;
Summary/Abstract: The paper deals with the application of selected OCA criteria on the European Monetary Union, which monitors whether EMU is or is not an optimal currency area. Concludes that EMU is not according to OCA theory an optimum currency area and outlines what may follow in the future.

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