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The Analysis of Chosen Economic Sectors in the Sharing Economy and its Consequences on the Traditional Sectors in the Economy of Czech Republic in the Years 2008 - 2014.
Dvořáčková, Karolína ; Štípek, Vladimír (advisor) ; Klepek, Cyril (referee)
The main aim of this bachelor thesis is to analyse the consequences of the existence of the sharing economy in three specific economic sectors: individual transportation, tourism and the sector of finance. The secondary aim is to assess the emergence of new trends on the labour market and the overall impact of the sharing economy on GDP and tax revenues In the theoretical section I propose a definition and introduce the global social- economic context, which helped the growth of this new economic model. I also describe key principles that facilitated the rise of the sharing economy in most economic sectors. The practical section is devoted to the existence of the sharing economy in the Czech Republic. It is composed of various analyses of existing sharing platforms on Czech markets that leads to an overall conclusion on the outcomes on GDP, labour trends and tax revenues. The results indicate that the sharing economy in the Czech Republic causes so far very little disruption to existing models and its overall impact on the countrys economy is fairly insignificant. However results also show that the potential of this new economic model to be the fuel for future economic growth is substantial if the country succeeds to create a suitable economic, legislative and social environment.
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Effect of migration on economy of selected countries of OECD from 1950 to 2014
Kellerová, Michaela ; Procházka, Pavel (advisor) ; Klepek, Cyril (referee)
This bachelors thesis focuses on the analysis of effect of migration on economy of selected countries of OECD from 1950 to 2014, specifically on the economical impact of immigration to the United States and Belgium. In the theoretical part I explain basic types of immigration, causes of migration and economic theories of impacts on the labor market, summary of history of immigration to the OECD countries and effect of migration on economic indicators. The second part is the correlation analysis itself, performed by comparison of selected economic indicators. After that detected results of U.S. and Belgium are compared. Based on the obtained data, it was found that the impact of immigrants on economy of United States is rather positive and impact on economy of Belgium rather negative. It is caused mainly due to the different characteristics of immigrants and diverse migration policies.
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Analysis of the church restitutions in the Czech Republic and their effects on government budgets, church financing and and overall relations between state and churches.
Klepek, Cyril ; Zeman, Karel (advisor) ; Krebs, Vojtěch (referee)
The goal of this thesis is to analyse church property restitutions and overall relations between state and churches in Czech. This issue is up to date not only from economic policy perspective. Church restitutions and its appropriateness is also the core topic in currently public discussion. For analytical part purposes are in theoretical part discussed several theories: theory of interest groups, rent-seeking, theoretical concept of church financing and basic theories from economics of religion. In analytical part is the core analysis of church restitutions and their consequences for government budgets itself. In this part is also analysis of property relations between state and churches from historical development to present-day situation. Than is discuss the Act No. 428/2012 Sb. It has been demonstrated many problematic aspects of this act like high non- transparency, inequality before the law and strong influence of interest groups. Financial analysis concluded that positive impact of the act will be not sooner than in 50- 60 years.
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Bitcoin as an alternative investment in comparison with gold after financial crisis in the year of 2008
Langmajerová, Lucie ; Ševčíková, Michaela (advisor) ; Klepek, Cyril (referee)
The aim of bachelor thesis is to answer the question of suitability of bitcoin as an investment possibility in comparison with gold. The theoretical part explains consequences of the crisis in the year of 2008 and advantages of investing. Moreover the work describes the situation of financial market and explains concepts which are necessary for the following part. The practical part describes investment alternatives with the focus on bitcoin and gold. The formulation of the econometric model is included. The model analyses the degree of influence of three factors on bitcoin price which are supply and demand for bitcoin, macroeconomic impact and attractiveness of bitcoin for investors. The quantitative and qualitative characters of bitcoin are compared with gold. The thesis concludes that the price is mainly determined by attractiveness for investors therefore bitcoin is not suitable as a long-term investment against gold.
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Employability of the elderly between 2007- 2014 in the Czech Republic with an emphasis on the analysis of the efectivenes of ESF projects in the Zlín region
Lišoková, Nikol ; Klepek, Cyril (advisor) ; Prudká, Šárka (referee)
The paper focuses on the labour market of older people in the Czech Republic between 2007 and 2014. Population aging is becoming a trend in almost all European countries, while there is a gradual increase in the age for retirement, therefore it is important to improve the employment of older people. The theoretical part of the thesis presents information about the labour market of older people followed by the tools suitable for reducing unemployment. In the empirical part, the emphasis was to determine the effectiveness of ESF projects aiming to reduce unemployment of older people. Based on the analysis of primary data and on the questionnaire survey, 77% of people employed in subsidized jobs lost their job after the subsidy period. For this reason, projects are evaluated as inefficient.
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The analysis of the economy of the city Pelhřimov in the years 2008-2014 with a focus on the expansion of the wastewater treatment plant
Hanzálek, Michal ; Klepek, Cyril (advisor) ; Kolman, Ondřej (referee)
The bachelor thesis deals with a financial analysis of the economy of the city Pelhřimov on a concrete example of wastewater treatment plant expansion. This work aims to analyze the future benefits for Pelhřimov community and to evaluate the effectiveness of the investment. The thesis is separated into a theoretical and a practical part. The theoretical part contents a definition of the city`s community and a description of the municipal budget and the budgetary process, moreover this part provides the division of revenues and expenditures within the budget of the municipality. The last chapter is dedicated to the theoretical definition of subventions in the Czech Republic and to the ways of evaluating municipalities' management. The practical part is focused on the financial analysis of the city management efficiency and on the analysis of the expansion of the wastewater treatment plant which is a current topic for the city. The analysis of the city's external potentiality is evaluated using SWOT analysis. From the results of overall synthesis, which are provided in the thesis, it is implied that city Pelhřimov uses its financial instruments very well to cover public expenses, wherein the expansion of wastewater treatment plant is part of this expenses.
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Company in national economy and realisation of investments: alternatives for its development through emission of bonds and bank loan
Strýček, David ; Klepek, Cyril (advisor) ; Doležal, Ondřej (referee)
This thesis focuses on the issue of companies investments realization and the sources of their funding, especially on bank loan and emission of company bonds. Thesis is divided into two parts. In theoretical part we conclude that bank loan is in Czech Republic more usual form of funding than emisson of bonds. Emission of bonds presents only a small percentage on total financial funds. In thesis we conclude that for companies, which realize their investments and won't refinance it with next emission of funds are bank loans clearly preferable option. The thesis brings evaluation of real investment plans and choice of foreign funding sources. It can help as a simplified template for decision making about these funding sources.
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Banking industry analysis of V4 countries and it's role in national economies from 1990 to today
Šobotník, Dan ; Klepek, Cyril (advisor) ; Pavelek, Petr (referee)
Banking. Industry which affects most of us and which has a significant impact on financial sector and economy in general. The aim of this thesis is to assess trends and development of banking sector within the countries of the Visegrad Group with main focus on falls, profits, credit policies and regulation. These will be analyzed on the background of recent financial crisis which has affected most of the world economies. By analysis of the financial reports, we can see differences in various fields of banking, for example credit policy or market concentration.
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Corruption and Economic Growth
Klepek, Cyril ; Běláčková, Vendula (advisor) ; Chalupníček, Pavel (referee)
The paper focuses on the issue of corruption and its affect on economic growth. In examining these effects, the study directs its attention at the European Union and is divided into two parts. In the empirical section, the results of a regressive analysis confirm the initial hypothesis of the negative effect of corruption on economic performance. The study then describes the effects of corruption on economic growth using direct and transmission mechanisms. The theoretical part of this study presents information on the problems of this phenomenon in terms of its identification and measurement. The study also considers the differing situations in European Union Member States and disproves the assumption that the EU is divided into the corrupt east and non-corrupt west. In view of the confirmation of the negative effect of corruption on GDP growth, the study presents possible solutions, which in particular call for the need for an effective and enforceable legal system.
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