Abstract
What explains the euro adoption strategies in the Czech Republic and Slovakia? How have each of these two countries performed under the regime they joined (Czech Republic: flexible exchange rates; Slovakia: in the euro area)? How has that experience affected Czech and Slovak policies towards euro adoption and their performance during the euro crisis? This paper asks these questions and seeks to give an answer to the question why Slovakia adopted the euro while the Czech Republic did not. We address these questions by taking an eclectic approach that draws on constructivism and symbolism, historical institutionalism and domestic politics. The paper examines five explanations based on these theoretical approaches: the inferiority-superiority factor; European identity and the ‘return’ to Europe; symbolic factor of the currency; euroskepticism; and economic structure and trade relations.
 Full text available at: https://doi.org/10.22215/rera.v9i2.232
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