Stabilising and Destabilising Effects of Polish Economic Integration with the European Union—the Macroeconomic Perspective

Abstract

Poland is one of the countries aspiring to the European Union. In order to join with EU it is required to meet the “convergence criteria” in accordance with the Maastricht treaty. Additionally the European Union is changing, too. It introduced new monetary policy, new money—euro, etc. This means that the economic situation for new applying countries is different, than it was when Ireland, Portugal, Spain and other countries were joining the EU. Taking into account these facts, authors of this paper examine stabilising and destabilising effects of Polish economic integration with European Union from a macroeconomic perspective.