Dědek, Oldřich - Institut ekonomických studií, Univerzita Karlova v Praze - 2005
currency. The assessment of the inflation criterion concentrates on the potential clash with so called real convergence showing … applying for the ERM-II membership. Finally, the pros and cons of inflation targeting are discussed from the perspective of … promoting the fulfilment of Maastricht requirements. Attention is paid to the issue of optimal exit form inflation targeting …