Název: European imbalances and the debt crisis in Europe
Překlad názvu: European imbalances and the debt crisis in Europe
Autoři: Razumnova, Alexandra ; Hnát, Pavel (vedoucí práce) ; Bič, Josef (oponent)
Typ dokumentu: Diplomové práce
Rok: 2013
Jazyk: eng
Nakladatel: Vysoká škola ekonomická v Praze
Abstrakt: [eng] [cze]
The imbalances within the Euro-zone were the main reasons of the crisis that had led to the growing budget deficits in the Southern Europe resulting in the accumulation of unsustainable debt. The imbalances were caused by the declining competitiveness of the South vis-s-vis the North. The main causes of the declining competitiveness are the differences in unit labor costs invoked by different regulations concerning the labor markets in the Euro-zone countries and the diverging levels of productivity, which is liked with the different levels of technological advancement. The contributing factor is the institutional imperfections of the EMU, that did not allow the countries in Southern Europe to restore their competitiveness by traditional means without providing them with alternatives. The imbalances within the Euro-zone were the main reasons of the crisis that had led to the growing budget deficits in the Southern Europe resulting in the accumulation of unsustainable debt. The imbalances were caused by the declining competitiveness of the South vis-s-vis the North. The main causes of the declining competitiveness are the differences in unit labor costs invoked by different regulations concerning markets in the Euro-zone countries and the diverging levels of productivity, which is liked with the different levels of technological advancement. The contributing factor is the institutional imperfections of the EMU, that did not allow the countries in Southern Europe to restore their competitiveness by traditional means without providing them with alternativesthe labor .
Klíčová slova: competitiveness; government bonds; imbalances; monetary union; sovereign debt; unemloyment; unit labor costs; competitiveness; government bonds; imbalances; monetary union; sovereign debt; unemployment; unit labor costs

Instituce: Vysoká škola ekonomická v Praze (web)
Informace o dostupnosti dokumentu: Dostupné v digitálním repozitáři VŠE.
Původní záznam: http://www.vse.cz/vskp/eid/41233

Trvalý odkaz NUŠL: http://www.nusl.cz/ntk/nusl-197811


Záznam je zařazen do těchto sbírek:
Školství > Veřejné vysoké školy > Vysoká škola ekonomická v Praze
Vysokoškolské kvalifikační práce > Diplomové práce