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Integrace elektroenergetických trhů ve střední Evropě v právním rámci Energetické unie
Farkač, Pavel ; van Koten, Silvester (advisor) ; Pekárek, Štěpán (referee)
This paper examines the possibilities for further integration of day-ahead electricity market in Central Europe. The contemporary situation is locked due to the existence of the German-Austria bidding zone. However, compliance of this bidding zone with European legislative is questionable. Therefore, the author makes a thorough legal analysis to assess the compatibility of both analysed projects for market coupling with the recent legal development in the European Union. Further, the examined projects are technically deconstructed in order to evaluate their conformity or differences between each other as well as in relation towards the EU Target Model. It is assessed, that both projects are relatively well technically compatible, however, their merger is not possible until the definite and binding decision on the issue of German-Austrian bidding zone will be found.
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Influence ot the Income from Oil Industry on the Economies of United Arab Emirates and Algeria in the years 2000 - 2015
Weiss, Tomáš ; Pikhart, Zdeněk (advisor) ; Pekárek, Štěpán (referee)
The thesis is concerned with the influence of the income from oil industry on the economies of Algeria and the United Arab Emirates in the years 2000-2015. The topic is analysed from the point of view of the resource curse theory. This theory is defined as a negative relationship between excess of a non-renewable resource and economic performance. Alongside with the negative economic growth, the experts defined other factors linked to the resource curse. The method used in the thesis is an analysis of these indicators on the example of Algeria and the UAE, and subsequently the dangers of resource curse are identified. The thesis evaluates, based on the comparison of the performance of selected factors, the economical and institutional development of the chosen countries. In the conclusion the diversification efforts of the UAE in the economic field and relatively safe economic development of Algeria are commented. More or less positive tendencies may be observed also in the development of most of the institutional indicators of both countries.
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The impact on the european automotive industry by the free trade agreement between the European Union and Japan
Knittelová, Tereza ; Pikhart, Zdeněk (advisor) ; Pekárek, Štěpán (referee)
The European Union is negotiating a free trade agreement with Japan since 2013. The subject of this diploma theses is to analyze how this agreement can influence either automotive industry. In order to understand the agreements possible influence, classical, neoclassical, contemporary and alternative theories of international trade and international trade policies are being examined. It is then analyzed what the agreement aims to accomplish in context of the Japanese macroeconomic, the history of trade relations and development, the current trade situation, production and demand on both markets. Finally, the agreement is compared to an existing agreement with Republic of Korea which is in a similar scenario. The result is that an increase of luxury cars being imported by each side is the most likely outcome.
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Economy of Chile in 1960s and 1970s with Accent on Market Reforms after 1973
Strejčková, Klára ; Pekárek, Štěpán (advisor) ; Ševčík, Miroslav (referee)
This bachelor thesis puts the stress on the analysis of economic reforms approved in Chile in the 60's and 70's years of the 20th century. The focus of this work is profoundly dedicated to the analysis of two important macroeconomic indicators: developments of inflation and trade exports, bearing in mind the context of the coup in 1973 which is seen as a direct consequence of the communist rule of the Salvador Allende's Cabinet (1970-1973). The Allende's Cabinet strove to transform the Chilean economic society into a socialist one. The bachelor thesis has validated a hypothesis stating that the pro-market reforms approved after 1973 led to diversification of the Chilean export as well as a gradual and progressive stabilization of the country's inflation that had reached as 350 % during the socialist Allende's government. This work brings a comparison of two very different economic doctrines that formed Chile in the 70's of the last century. There is being compared a socialist government approach, having focused on nationalizing of the private sector, to the liberal government's approach aimed at decreasing the public sector, privatization as well as tearing down international trade barriers.
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PPP PROJEKTY – OMYL NEBO RACIONÁLNÍ ŘEŠENÍ PROBLÉMŮ FINANCOVÁNÍ PROJEKTŮ VEŘEJNÉHO SEKTORU V PRVNÍCH DVOU DEKÁDÁCH 21. STOLETÍ?
Kliková, Petra ; Ševčík, Miroslav (advisor) ; Pekárek, Štěpán (referee)
The diploma thesis deals with the topic of the Private-Public-Partnership (PPP) projects, as a tool for mutual financing of the public projects by private sector. Its main goal is to confirm or disprove the hypothesis, that the PPP projects are more effective form of the financing of the public projects and solve the problem of the debt trap into which countries entered in last decades. The thesis also defines the problem of the PPP project, their advantages and disadvantages and possible risks, analyses their usage in the Czech Republic and compares the experiences from the Great Britain in first two decades of the 21st century. The theoretical part of the thesis copes with the topic of financing of the projects of public sector and PPP projects. The descriptive and comparative methods will be used. In the practical part of the thesis will be performed the comparison of the chosen projects by synthetic analysis and the recommendation for the Czech Republic will be formulated based on the findings.
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Use of Funds In Agriculture of Czech republic With Emphasis On Rural Development Program In 2007-2015
Pustinová, Kristýna ; Pekárek, Štěpán (advisor) ; Vebrová, Ludmila (referee)
Agricultural policy is the oldes policy of the European Union. Its development is being observed in each member country. After joining the European Union, Czech republic had to meet the criteria of agrarian sector due to the EU requirements and after that Czech republic became part of Common Agricultural Policy. This thesis concentrates on one part of CAP - Rural Development Program. Primarily, it is focused on , how this program helped to agricultural grow and how it helped to improve living conditions in the countryside. The teoretical part describes programming documet, the practical part analyzes impact on national economy through time series.
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ANALYSIS OF DEVELOPMENT OF EXCISE DUTY ON TOBACCO PRODUCTS AND ITS INFLUENCE IN THE CZECH REPUBLIC FROM 1993 TO THE PRESENT
Valešová, Věra ; Ševčík, Miroslav (advisor) ; Pekárek, Štěpán (referee)
The purpose of this thesis is to analyse the excise duty on tobacco products in the Czech Republic since 1993 up to the present time, especially the development of rates and revenues. Excise duty is imposed on tobacco products in the Czech Republic and also in the other European Union countries. Harmonisation efforts in the European Union and also fiscal need of Czech Republic cause frequent changes in tobacco excise duty rates, which conduces not only to change of tax collection, but can also bring some other related effects. In the theoretical part I first characterize the tax theory with a detailed focus on excise duty on tobacco products. Subsequently I define the meaning of excise duty on tobacco products, the principles and the mechanisms of the tax collection. In the practical part of the thesis I aim at analyse the evolution of the legal framework that affects excise duty on tobacco products and significantly affects the thesis in other sections. Further, I analyse the relationship between the rate of excise duty on tobacco products and tax collection and find out that the higher rate of excise duty not always led to higher tax yields. Finally I assess the effectiveness of the increase of excise duty on tobacco products and its impact on the consumption of tobacco products, illegal market and the public budgets.
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Current state and prospect of securitization to the nearest period in countries of European union
Ovsík, Martin ; Jílek, Josef (advisor) ; Pekárek, Štěpán (referee)
The aim of this thesis is securitization in European union and its perspectives. Initially it presents basic aspects of securitization, historical course and present condition. Analysis of present condition pays attention to regulations of financial market, whose part are rules, which relates to securitization and its transparency. Following econometric model reject the zero hypothesis and confirmed positive direct proportion influence of securitization on credit and thus on gross domestic product of EU in period 2000-2007. Eventually was performed synthesis of present condition of european economy, regulation of securitization and consequences of the econometric model. In spite of positive influnce of securitization to GDP through credit, the perspectives are not too favourable. The main reasons are low attractiveness of asset backed securities and low numbers of private investors.
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Efficiency and scope of PPP projects in selected EU countries as an alternative to classical public procurement
Nováček, Daniel ; Ševčík, Miroslav (advisor) ; Pekárek, Štěpán (referee)
This paper is dealing with Public Private Partnership (PPP) as the alternative to the classical public procurement. It describes and compares advantages and disadvantages of this approach and explore legislative and institutional setting in chosen countries of EU to comparison. The main focus of the work concerns the comparison of the development of this concept and its current state of use in those countries. The emphasis was on finding a correlation between the number and volume of PPP projects and the state of national economies in the years 2006-2015, especially in the immediate period of the recent financial crisis, when could be expected increased attractiveness of the concept for political representation. On the specific case is explored its economic efficiency and legitimacy.
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