|
|
Political factors and corruption and its impact on FDI: case study of the Slovak Republic
Zeman, Adam ; Vymětal, Petr (advisor) ; Žamberský, Pavel (referee)
Foreign direct investment has been one of the main means of transferring and spreading economic progress throughout the world for at least a few decades. Its importance has risen by the technological development and globalization, especially in the second half of the 20th century. Technology and physical factors have become more mobile than ever. Therefore, the influence of country-specific factors such as domestic characteristics of the economy, level of corruption, or political factors on the movement of FDI has risen higher than ever before. The aim of the thesis is to point out whether non-economic factors, such as political factors or corruption, influence the decision to undertake FDI, or not. The thesis is based on the case-study of the Slovak Republic, specifically its automotive industry. The first part of the thesis introduces the main concepts and theories concerning with FDI and portrays its possible influencing factors. The second empirical part of the thesis illustrates the case of the Slovak Republic and its investment environment, specifically in the case of major automotive FDIs of the last two decades.
|
|
|
Analysis of the attractiveness of the Ukrainian market for investors based on the comparison of macroeconomic variables
Kostenko, Bogdan ; Dvořák, Jiří (advisor) ; Votava, Libor (referee)
This thesis is devoted to the investment attractiveness of Ukraine in respect to macroeconomic indicators in comparison with the CIS countries which are the members of the Eurasian Economic Union and the countries which have signed the European Union Association Agreement. The beginning of the work includes a theory, a description grounds of the research, a description of the macroeconomic guidelines, types of investments, the relationship between investment and globalization. Furthermore, at the beginning of the work it is explained why exactly these economic changes took place in Ukraine. Then the countries are compared according to the selected macroeconomic indicators and foreign direct investment income. Summing up the results of the comparison as well as checking for the presence of correlation between the indices of GDP per capita and foreign direct investment income per capita using Spearman's correlation coefficients.
|
|
|
Impacts of China's development aid and investment in Africa, focusing on Ethiopia and the Democratic Republic of Congo in 2000-2015
Leová, Leona ; Procházka, Pavel (advisor) ; Zeman, Martin (referee)
The bachelor thesis deals with development aid in general, presents its definition and analyzes in particular the development of various attitudes that were previously discussed. This theoretical background is an essential part of finding more effective approaches, as it can generally be said that the Western assistance to date has failed to do so. The work is thus further dealt with by other development cooperation alternatives that could be capable of 'the poorest' billion out of poverty. The second part then deals exclusively with the role of China in Africa, first attempts to map out the activities it deals with, and acquaintances with forms of cooperation that are different from those with other countries in the past. It represents the type of cooperation on which the most valuable investments of this bilateral aid are built, which are projects for the construction of transport and energy infrastructures in exchange for access to African natural resources, especially oil. In addition, the work focuses on the characteristics of the current socio-economic situation of Ethiopia and the Democratic Republic of Congo and evaluates the development of the most important economic and social indicators such as GDP and HDI. It finds that these variables generally record growth and improvement, which is not so significant in the social sphere, indicators that are more tangible about the quality of life of the people in these countries. In general, the work comes to the conclusion that China's presence in Africa is largely positive, as China, as a country with experience of transformation from a backward country into the world's second largest economy, has chosen a different approach to cooperation with the Third World, Exploiting their comparative advantage, which is the presence of mineral wealth and cheap labor, in exchange for what they are acutely needed - the development of transport and energy infrastructure.
|
|
|
The investment climate of India as a member of BRICS
Čípová, Tereza ; Zamykalová, Miroslava (advisor) ; Gullová, Soňa (referee)
This bachelor thesis deals with the investment climate of India and the association of BRICS, to which India is a member. Its main goal is to evaluate the investment climate of India and identify its most attractive areas. Within this goal, the first chapter outlines the creation and macroeconomic development of BRICS as well as the cooperation between its members. The second and most important chapter deals with India itself. It contains the characteristics of the country including its economy, it focuses on the development and main reforms of the investment climate, on the inflow of foreign direct investment and also on the issues of entering the market which implies to the barriers of entry and investment incentives. The third chapter consists of SWOT analysis of indian investment climate comprising its strengths, weaknesses, opportunities and threats.
|
|
|
Impact of German direct Investment on Czech-German Cooperation
Cíchová, Magda ; Zamykalová, Miroslava (advisor) ; Hrbik, Peter (referee)
The bachelor thesis is devoted to a topic of German direct investment and their impact on Czech-German cooperation. The thesis classifies foreign direct investment, investment incentives, location factors and their effects on domestic enterprises and host country. The thesis further deals with the inward flow of German investment and examines the role of German direct investment in the Czech Republic. Finally, based on personal consultations and questionnaire, the thesis evaluates the impact of Ger-man direct investment on the Czech market.
|
|
| |
|
|
Investment Policy of the European Union - protection of foreign direct investment
Štamberk, David ; Tomášek, Michal (advisor) ; Balaš, Vladimír (referee) ; Křepelka, Filip (referee)
Investment Policy of the European Union - protection of foreign direct investment Abstract One of the changes brought about by the Lisbon Treaty is the explicit inclusion of foreign direct investment and its protection in the common commercial policy of the European Union. This is one of the areas of exclusive competence of the EU. The European Union has subsequently stated negotiating bilateral agreements governing, inter alia, investment issues. However, it has not been spared from controversy and negative publicity that has been accompanying especially the TTIP and the CETA. This work aims to analyse the investment policy of the EU and mutual interaction of its institutions with the Member States and third parties. After general introduction to the topic of international investment law and EU law (chapters II. and III.), it is devoted to the issue of protection of foreign investment in the internal market. Its regime is then compared with the BIT regime (chapter IV.). Attention is then focussed towards the EU's external relations in the field of investment protection. Its competence is subjected to further analysis (chapter V.) and current results of efforts of the Commission and the EU as such are also discussed (chapter VI.). It is so in the light of possible impacts of foreign investment in terms of...
|
|
|
Legal and economic aspects of foreign direct investment considering Egypt
Gerle, Lukáš ; Bažantová, Ilona (advisor) ; Pokorný, Jan (referee)
The purpose of this thesis is to look at economic and legal aspects of foreign direct investment (hereinafter also referred to as FDI) on the example of Egypt, which is one of the key economic and political players in the Middle East and North Africa. The paper is composed of two parts. First part is dealing with the theoretical aspects of FDI. Chapter one is introductory and explains the nature and role of FDI in global economy. Next two chapters address the important issue of definition of investment and investor. The legal definition of these two terms is usually the key issue in the international documents concerning foreign direct investment. Fourth chapter deals with the bilateral investment treaties, which are so far the most relevant instrument governing the international investment. Chapter five deals with the unsuccessful attempts to establish universal international treaty concerning investment, influence of the Lisbon treaty on given issue and international organizations in the field of international investment. Chapter six concentrates on the issue of investment treatment standards. Seventh chapter investigates the most common causes of investment disputes and eighth chapter suggests possible means of their resolution. Second practical part deals more closely with factual Egyptian...
|
|
|
International Investment Agreements and European Union Law
Fecák, Tomáš ; Šturma, Pavel (advisor) ; Balaš, Vladimír (referee) ; Švarc, Zbyněk (referee)
The relationship between international investment agreements and EU law has attracted increased attention in past few years. The aim of this thesis is to bring a detailed analysis of various aspects of this complicated relationship. In attainment of this aim it proceeds in the following steps. After a short introduction (Chapter I.), Chapter II. briefly overviews typical content of bilateral investment treaties, following with a more detailed analysis of relevant EU law rules concerning foreign investment and subsequent comparison of both sets of rules. Chapter III. deals with investment agreements to be concluded by the EU, in particular with questions of external competence for foreign investment, responsibility for breaches of investment agreements concluded by the EU and the future shape of EU investment policy. The status of existing bilateral investment treaties concluded between EU member states and third countries is analyzed in Chapter IV. Chapter V. tackles various issues related to investment treaties concluded between member states (so called intra-EU BITs).
|
|
|
Institutional Determinants of Investment Inflows into Transitional Economies
Donu, Victoria ; Mertlík, Pavel (advisor) ; Benáček, Vladimír (referee)
This thesis investigates the relationship between institutional quality and the level of investment inflows into post-communist countries. I attempt to empirically verify the argument that institutional determinants are essential in explaining the variation in investment inflows into transition economies after the demise of socialism in the early 1990s. The role of institutions is assessed using Economic Freedom indices provided by the Heritage Foundation. Consequently, to investigate the progress of institutional quality in transition economies, I further employ indicators developed by the European Bank for Reconstruction and Development. Using a panel data set for 11 transition countries from 1993 to 2013, I conclude that the impact of institutional quality on investment inflows is not negligible, yet much weaker than suggested by the existing theoretical literature. Using a fixed-effects model framework in both regression benchmarks with metrics from the Heritage Foundation and the European Bank for Reconstruction and Development, respectively, I observe that the impact of institutional variables on the level of investment was less significant than expected. Moreover, macroeconomic fundamentals appear to always play a more substantial role than institutional factors. KEYWORDS: foreign direct...
|
guest ::
