Naslov
Reboosting European Convergence after COVID-19: The Case of Croatia’s Monetary Integration

Autori
Cvečić, Igor ; Tomljanović, Marko

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
European Integration Process – Crisis and Resilience in the aftermath of the COVID – 19 pandemic

Urednik/ci
Portugal Duarte, Antonio ; Redžepagić, Srdjan ; Sol Murta, Fatima

Izdavač
Coimbra University Press

Grad
Coimbra

Godina
2022

Raspon stranica
215-232

ISBN
978-989-26-2363-4

Ključne riječi
Croatia, nominal convergence, euro, real convergence

Sažetak
Croatia, a high-income emerging economy, is still facing important economic, social and political transition challenges. As the newest EU Member State, Croatia’s most significant challenge now is to balance the recovery from the COVID-19 crises and undertake the last steps toward the full integration into the Economic and Monetary Union. Therefore, we discuss the context of Croatia’s path toward the EU and EMU, and we analyse the data which highlights how Croatia manages its nominal and real convergence. Although it looks like the introduction of the euro was most likely to occur before the outbreak of the COVID-19 pandemic, currently Croatia might either postpone the use of the euro or it may face additional economic and social pressure if it does switch to the single currency during the recovery period.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA