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National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
The Dutch disease theory and its application to countries with independent monetary policy and members of monetary union
 Fiala, Vojtěch ; Šíma, Ondřej (advisor) ; Dvořák, Michal (referee)
This diploma thesis aims to give a comprehensive picture of a phenomenon called The Dutch Disease whose symptoms had been increasing in many countries during the second half of the 20th century, especially in connection with mining. The first part deals with the detailed description of traditional economic theory and its later upgrades. In the second part, the Dutch Disease theory is applied to the member countries of the European Monetary Union and highlights the problems of asymmetric shocks, which may include among others the discovery of mineral resources. The third part then attempts to look at the recent European balance of payments crisis through the eyes of the Dutch Disease theory and to highlight a number of common symptoms.
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Australia from the view of monetary policy in the context of singnificant changes in world economy
 Fiala, Vojtěch ; Šíma, Ondřej (advisor) ; Pour, Jiří (referee)
The Bachelor's Thesis aims to characterize the development of Australian economy since the turn of the past century when as a consequence of quick economic growth of the Asian region, the resource commodity prices , which had substantial impact on the Australian Terms of Trade, rapidly increased. The theoretical part is dedicated mainly to the Dutch Disease theory, which is often associated with that problem. Further, the development of the resource boom and its impact on the Australian dollar exchange rate, selected macroeconomic indicators and the ensuing structural changes in the economy, are analyzed. In the conclusion of the Thesis those changes are summarized and evaluated in relation to the theoretical part.
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