Law and economical aspects of the process of introducing Euro in the Czech Republic

Title of the work: Law and economical aspects of the process of introducing euro in the Czech Republic Name: Pavel Řádek Department: National Economy department Subject of study: Law Head of the work: Doc. PhDr. JUDr. Ilona Bažantová, CSc. Number of pages: 93 Number of enclosures: 1 The year of the oral defence: 2011 Key words: Currency integration, Euro adoption, Theory of Optimum Currency Area, Czech Republic Summary: The thesis is focused on mapping and assessment of relevant legal and economic aspects and processes of adoption of the euro in the Czech Republic. The thesis presents crucial steps that must fulfill Czech Republic to adopt the single currency. The aim is to evaluate the effect of the introduction of the euro in the Czech economy, with the assessment of the optimal timing of entry into the eurozone. This thesis presents the history of monetary integration in Europe, describes the content of the theory of optimum currency areas. Furthermore, based on the economic data the thesis evaluates the real convergence of the Maastricht criteria. Also further describes the steps necessary to prepare the legal environment on the introduction of the euro. At the end examines the potential costs and benefits of the single currency. An important question is to determine the date of entry into..