Komunitárna sociálna intervencia má výrazne menšiu oblasť kompetencií a nástrojov ako intervencia na národnej úrovni. Je subsidiárna voči intervencii členských štátov a vymedzená princípmi subsidiarity a proporcionality. Konvergencia ako komunitárna intervencia umožňuje...

Paper deals with the European Monetary Union from perspective of Post Keynesian school of economic thought. It discusses separately arguments often proposed by mainstream economists. After the brief introduction, which highlights main differences between mainstream and Post Keynesian economic...

Slovak Republic entered the ERM II in the end of 2005 whereby it came nearer to its strategic objective - joining the euro area. In this paper we try to answer two questions. Section 1 examines the features and risks of the EMU. Is EMU an optimum currency area and what is the OCA scorecard of...

V čase, keď sa globálna ekonomika ocitá v problémoch s klesajúcim ekonomickým rastom a rastúcou infláciou, pokračuje ďalšie rozširovanie členskej základne eurozóny. Globálna nerovnováha sa prejavuje aj na európskom finančnom trhu. Euro sa zhodnocuje oproti americkému...

The paper analyses the factors leading to the fall of long-term interest rates in the Czech Republic – respectively, the long-term interest rate differential in the Czech Republic and the Eurozone – between 1998 and 2003. The selection of factors is determined by the Fisher equation, UIP,...