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The OCA Theory and its application to tranzition economies
Stehlík, Petr ; Chytilová, Helena (advisor) ; Chytil, Zdeněk (referee)
The goal of this bachelor paper is to answer a question, which transition economy best fulfills the optimum currency area criteria in relation to the European Monetary Union. The first part deals with history of the OCA theory. I focus on important papers (Mundell, Kenen, McKinnon etc.), which gives proper insight to summarize the optimum currency area criteria. These criteria are the background for analytical part of the thesis. I analyse these criteria separately. According to analysis I assign coefficients for each kriteria and for each economy. In the conclusion I compare transition economies and we try to find out, which economy best fulfills the optimum currency area criteria in relation to the EMU.

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