Polityka fiskalna i monetarna na etapie dochodzenia do strefy euro

In the paper, constraints in the field of fiscal and monetary policy in the context of European Union's nominal convergence criteria has been analysed and confronted with theoretical view concerning the stimulating of economic growth in Mundell-Fleming model. The main thesis of the paper is to show that the meeting of the nominal convergence criteria requires restrictive monetary and fiscal policy and that is contradiction on the thesis of Mundell-Fleming model concerning the economic growth stimulating and economic balance in small open economy maintaining.