UNILATERAL EUROISATION AS WAY TO ACHIEVE STABLE CURRENCY, BASED ON EXAMPLES OF KOSOVO AND MONTENEGRO (Jednostronna euroizacja - sposób na uzyskanie stabilnej waluty, na przykladzie Kosowa i Czarnogóry)
Introducing common currency has got as many opponents as advocates. However, introducing common currency with unilateral euroisation is not discussed so much, because this procedure can be successful only in the specific environment - the economy must be relatively small but open, it should have experienced hyperinflation and obtain relatively low seniorage income and has high foreign reserves. The article is aimed at presenting positive effects of unilateral euroisation and their influence on the economies in countries which are not members of European Union - Kosovo and Montenegro.
Financed by the National Centre for Research and Development under grant No. SP/I/1/77065/10 by the strategic scientific research and experimental development program:
SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.