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The Influence of the State Debt on defense spending in Selected NATO States
Hodžic, Faris ; Izák, Vratislav (advisor) ; Ochrana, František (referee) ; Holcner, Vladan (referee)
The defense spending plays a significant role in the decision-making process of setting up a defense policy. The economy of a state, its performance and development rank among the main factors that influence the size of this public expenditure. At a time of economic stagnation in the Western European countries, the ongoing public debt crisis affects to a ever growing extent all areas of public spending, including the defense. This work aims to contribute to the current knowledge in the field of defense economy and public finance by investigating the influence of the state debt on defense spending. The first part of the work is dedicated to defining the economy of defense and providing a brief summary of its historical development, followed by a discussion of defense as a pure public good. This chapter analyzes the issue of public debt and explains how the major schools of economic theory approach this problem. The second part outlines the previous research in the field of defense spending and debt, their development and the potential relationship with macroeconomic variables. The third chapter presents and discusses the results of empirical research that is based on the theoretical assumptions and models introduced in the first two chapters. The analysis was performed on time series from the period of 1978 to 2011 (34 years) for seven NATO member states: Belgium, Denmark, France, Italy, Netherlands, UK and USA. The empirical analysis was performed by the statistical methods of regression and panel regression. The primary hypothesis on the existence of a relationship between the public debt and defense spending was confirmed and the partial hypothesis that this relationship is negative was refuted.
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The main specifics and development trends of German preservation in the field of economization of tangible cultural heritage
Vořechovský, Jan ; Patočka, Jiří (advisor) ; Kouba, Vojtěch (referee)
The aim of this work is a comprehensive grasp of significant factors intervening into the operation and structure of heritage preservation in the Federal Republic of Germany in connection with the Swiss Confederation. The work focuses on the issue of financial support for cultural heritage according to the type of property sites, especially in public administration. Attention is also paid to the perspectives of continuity and long-term effectiveness of projects in terms of available social tools. After reading this thesis the reader will be able to orient themselves in the system of heritage preservation and to determine the effectiveness of funds spent on culture in European countries.
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Public expenditure in czech budget system and state social support system
Krejčí, Ondřej ; Urbánek, Václav (advisor) ; Maaytová, Alena (referee)
The Bachelor's Thesis examines public expenditure in the Czech Republic and related budget system. Besides description of public budgets and extra budgetary funds and descriptions of their revenues and expenditures the Bachelor's Thesis puts an emphasis on public expenditures on social policy, specifically on system of social security. This is followed by description of social benefits of state social support system, which is one of three parts social security. Finally, the Bachelor's Thesis focuses on parental allowance, which is important part of family policy in Czech Republic. The last part of the text focuses on possibilities of changes in providing this type of benefit.
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Impacts of the global financial crisis on public finances in the Czech Republic
Kolísková, Lucie ; Ochrana, František (advisor) ; Roženský, Vojtěch (referee)
This thesis deals with the analysis and evaluation of the impact of Global financial and economic crisis, including taking anti-crisis measures and other legislative modifications, on public finances of the Czech Republic in time period from 2009 to 2011. The first chapter consist of explanation of key term "financial crisis", description and analysis of the mechanism of origin of the Global financial and economic crisis including identification of its key reasons and impacts and extension to the real economy worldwide. The second chapter covers with the analysis of the impact of the economic crisis on the Czech Republic and its public finances with putting accent on development of individual expenditures and revenues of the central state budget including balance of the central state budget and evaluation of its effects on meeting of Maastricht Convergence Criteria in defined period of time. The conclusion of the thesis summarizes available knowledge and recommendations for public finances which emerged from the analysis.
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Analysis of current expenditure from the state budget in the years 2005 -2010 and the covering of public income
Zavadil, Jakub ; Ochrana, František (advisor) ; Urbánek, Václav (referee)
This work aims to analyze current expenditures from the state budget in the years 2005 -- 2010 and the covering of public income. The first chapter deals with the public as a source of revenue for public expenditure. Following chapter explains the theoretical foundations of public spending. The first two chapters each contain a basic definition, a member of this type and structure of public finances. The third and final chapter is devoted to the practical part of my work. Here is carried out detailed analysis of revenue and expenditure of the Czech Republic state budget. I focused mainly on the generic division and then to the more comprehensive examination of current expenditure. Analysis of public revenue and expenditure is made based on macroeconomic indicators Czech Republic, then in itself dependent on public revenues and public spending trend analysis and individual annual changes. The conclusion stated evaluation and analysis are also formulated proposals and recommendations arising from it.
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The analysis of the causes of the state of public finance in selected countries Economic and monetry union during the period 1996 to 2010
Husarová, Lucie ; Ševčík, Miroslav (advisor) ; Řežábek, Pavel (referee)
Major issue of this thesis is fiscal imbalance, which is expressed by budget deficit and public debt. The aim is to find the main cause of the current state indebtedness of public finance. The basic hypothesis of this work is that the current state is not strictly caused by the economic downturn raised by the global economic crisis. The analysis is performed at 8 states of the European Union. The theoretical section is focused on the description of theoretical connections in the system of public finances, fiscal imbalances, business cycle and shaping of Economic and monetary union. The analytical part discusses the specific challenges like unemployment, persistent budget deficits and increasing public and private debts. The selected data are presenting through series of graphs.
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The effect of education and health investments on economic growth of the Czech Republic from 1995 to 2009
Charvátová, Kristýna ; Hudík, Marek (advisor) ; Brožová, Dagmar (referee)
This thesis focuses on exploring the influence of private and public expenditures on health and education on economic growth. In the first part a theoretical model based on the aggregate production function is described; on its basis in the second part an empirical analysis based on the data from the Czech Republic from 1995 to 2009 is made. After estimating the model using the least squares method it has been shown that public health expenditures and private expenditures on education positively affect economic growth and on the contrary, private expenditures on health and public spending on education negatively affect economic growth.
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