A MYOPIC VISION: RISKS BEYOND THE MAASTRICHT INFLATION CRITERIA

被引:0
|
作者
Pranulis, Vytautas P. [1 ]
Grundey, Dainora [2 ]
Giedraitis, Vincentas R. [3 ]
Vogelius, Rasa [4 ]
机构
[1] Vilnius State Univ, Fac Econ, Dept Mkt, LT-10222 Vilnius, Lithuania
[2] Vilnius State Univ, Kaunas Fac Humanities, LT-44280 Kaunas, Lithuania
[3] Vilnius State Univ, Fac Econ, Dept Theoret Econ, LT-10222 Vilnius, Lithuania
[4] UAB Hexacon Baltija, CEO, LT-03216 Vilnius, Lithuania
来源
关键词
inflation; competitiveness; Euro; price stability; eurozone; Lithuania;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of the paper is to present insights gained from the analysis of Lithuania's exertion and intentions to join the Eurozone. We specify the economic and business competitiveness situation of the accession seeking country facing the Maastricht inflation criterion. Using a juxtaposition methodology, we find out that not in all cases the country must satisfy inflation criterion and not rush to accession of the Eurozone. If the country puts enough weight on the future, there is a strong case that the accession into the Eurozone will occur and demonstrate more tolerance towards inflation in the pre-accession time. If the country puts less weight on the future, then the accession can be fast. However in this case the new member state country will face difficulties to harmonize price stability and low inflation with economic growth, raising of the standard of living, and quality of life.
引用
收藏
页码:75 / 85
页数:11
相关论文
共 50 条