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Economic crisis 2008-2010 in Baltics
Nedvěd, Petr ; Hlaváček, Michal (advisor) ; Kracík, Jiří (referee)
The main objective of the Bachelor's thesis is the description of causes, course and consequences of the economic crisis 2008-2010 in the Baltic countries. The biggest emphasis is placed on developments in the financial and real estate sector and the labour market. Attention is also focused on the vigorous solution of the crisis that is often given for exemplary action in the crisis period. The thesis also contains a brief description of the region's economic history and the development of the economic crisis 2008-2010 in the world. The main chapter focuses on the crisis development in the Baltics, including the basic causes of the economic downturn. The final chapters describe the current economic situation in the Baltics, bring a comparison with selected European countries and outline a short-term outlook for further development of Estonia, Latvia and Lithuania. The contribution of this thesis is mainly that it shows a possible effective solution of economic problems. Especially the PIIGS countries, which are still in crisis and urgently need to restore their competitiveness and confidence of the financial markets, should pay attention to the example of the Baltic countries that managed to start high growth of their economies relatively soon after the deep slump.
Estonia as a Nordic Country?
Vejmělek, Tomáš ; Švec, Luboš (advisor) ; Skálová, Barbora (referee)
The following thesis deals with two primary matters. The first being the effort of Estonian politicians to change how Estonia's regional belonging is viewed by other countries before the admission into the European Union. These efforts can be illustrated by political actions whose aim was to create the image of Estonia as a Nordic country. These efforts slightly diminished after the admission into the European Union although on some levels they can be still observed. Despite close cooperation Estonia isn't adequate member of Nordic countries to this day. This thesis aspires to explain reasons for these action of Estonian politicians and why they were left off after the admission into EU. The second matter being the region of Nordic countries. Collective Nordic identity helped establish transnational cooperation among involved nations which represents one of the essential characteristics of a Nordic country. The emphasis is on historical context of Nordic identity and the development of Nordic cooperation from its initiation until current state. First the thesis introduces a theoretical insight into the region matters. Consequently it deals with the first matter, the efforts to redefine Estonia as a Nordic country, which is followed by analysis of the concept of a Nordic country and Nordic...
The Relation Between the Euro Cash Changeover and the Perceived Inflation in the Baltic Countries
Orosz, Előd ; Dědek, Oldřich (advisor) ; Turnovec, František (referee)
The relation between the euro cash changeover and the perceived inflation in the Baltic countries Abstract This thesis focuses on the effect of euro cash changeover on inflation perception, and its relation to the inflation measured by central banks or by national statistical offices. We present an analyses of inflation gap in Estonia, Latvia and Lithuania at the euro introduction and detect its determinants by econometric methods. We use Ordinary Least Squares, Random Effects Generalized Least Squares and Fixed Effects estimator. The thesis is divided into two main parts. The first part examines the theoretical background of perceived inflation and focuses at the phenomenon of increased inflation gap at the euro introduction. Second part contains an empirical study on inflation gap. We find out that perceived inflation in Baltic countries does not show such a divergence, as it was presented at the establishment of the Eurozone. Moreover, we find out that education and available income in general has a small, but evincible effect on inflation gap observed at euro introduction.
Transferability of Scandinavian model of welfare state based on macroeconomic analysis
Baštářová, Tereza ; Němcová, Ingeborg (advisor) ; Hnát, Pavel (referee)
This thesis deals with question of Scandinavian social model's transferability on Baltic countries and Iceland. The aim of the thesis is to establish whether and to what extent Estonia, Latvia, Lithuania and Iceland are ready to adopt the system. Three main methods are used in the thesis, namely: analysis of macroeconomic indicators and competitiveness indices, synthesis using the magic pentagon and comparison via coefficient of variation. The thesis comprises three main parts. The first one deals with theory and methodology. The second part applies information gained from databases of world organisations and follows their development. The last part then compares these figures.

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