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The influence of the quality of institutional environment on the economic performance
Stanner, Martin ; Ježek, Tomáš (advisor) ; Sunega, Petr (referee)
The diploma thesis focuses on a broad issue of the institutional quality and its impacts on a real economy. It summarizes important theoretical approaches involving not only institutions and their influence on a behavior of economic subjects (New Institutional Economics, New Comparative Economics), but also a behavior of politicians (Public Choice Theory) as they contribute to the formation of the institutional environment notably. The thesis pays to a historical outline, consequences and the evolution of institutional environment in the countries of Central Europe (The Czech Republic, Slovakia, Poland, Hungary). The analytical part of the thesis focuses on the qualitative analysis of the most significant elements of the institutional environment in the countries mentioned above: the security of the private ownership and its observance, the law enforcement, the corruption rate, the quality of entrepreneurial environment, the effectiveness and the quality of a regulation and not least the governance effectiveness on government and private level.
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