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Economic diplomacy in the new millenium and implications for the Czech Republic
Krčál, Adam ; Zamykalová, Miroslava (advisor) ; Veselý, Zdeněk (referee) ; Štouračová, Judita (referee)
The dissertation thesis focused on a topical issue of the economic diplomacy, its role in the current economic discourse and its implication for the Czech Republic. The main contribution of the thesis can be seen in linking traditional economic issues, such as external economic relations balance with political issues, for example the governance of economic diplomacy on the national level. Being placed between economics and politics is a typical feature for the economic diplomacy. The thesis analysed various aspects of economic diplomacy, predominantly the export promotion and foreign direct investments. The Czech economic diplomacy has a big potential for further development. The Czech entrepreneurs are quite successful on foreign markets, both in the developed countries and in the third World. If the identified weaknesses were eliminated and some improvement measures were adopted, the positive impact on the economy and the business environment will arrive soon. The economic diplomacy plays an important role in the open economy, which is also the case of the Czech Republic. It also hugely affects the external economic balance of the country. The thesis also showed that the governance of the Czech economic diplomacy suffers from major deficiencies, particularly in terms of the distribution of powers and responsibilities. This hinders an efficient functioning of the state system of export promotion. In addition, the state support is not targeted enough at the sector of SMEs that needs the most support. The level of awareness about the public services provided is low. On the other hand, the findings showed that another important element of the economic diplomacy, the state support of foreign direct investments is very instrumental in the competitiveness of the economy and thus substantively contributes to the economic growth. The comparative analysis of the governance systems in Germany, Austria, Finland and France revealed that although the Czech system of economic diplomacy governance is similar to a certain extent to the analysed countries, there are still some issues to deal with that negatively affects the efficiency. There are a number of suggestions for further improvement provided in the thesis that can be used by the policy makers.
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Current state of the investment climate in Vietnam
Vu, Ngan ; Gullová, Soňa (advisor) ; Štemberk, Jan (referee)
The aim of this bachelor thesis is to analyse the current state of the investment climate in Vietnam and the main investment advantages of Vietnam as a country that received considerable inflows of foreign capital in the 1990s as part of its increased integration with the global economy. The theoretical part defines terms of the investment environment such as investment, the investment climate and further definition of the legislative investment conditions for potential investors. The next section is focused on specific impacts of foreign investment on the Vietnamese economy, both in the economic but also the social sphere. In the final section, there are described the examples of foreign investments in Vietnam and also their contribution to the host country.
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The Expansion of Multinational Company to the Foreign Markets
Kholodnaia, Antonina ; Dvořák, Jiří (advisor) ; Svoboda, Petr (referee)
The aim of this work is practical recommendations for effective integration of multinational companies to the Russian market, coming out of the theoretical basis studies. To meet the goals of this work the methods of data clustering, classification and identification of priority processes and events, method of comparable analysis and implementation of abroad expansion experience of the companies were used. As the main method of the country specifics analysis was chosen PESTLE-analysis. Conclusions and recommendations can be used to select the appropriate entrance form of the multinational company to the foreign market or expanding its international activities and gaining a foothold on the Russian market.
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Sektorální a regionální alokace přímých zahraničních investic v Mexiku
Chaparro, Jorge Armando ; Daza Aramayo, Lourdes Gabriela (advisor) ; Chvalkovská, Jana (referee)
This thesis analyze the economic development and FDI prospects in the context of the Free Trade Agreements that Mexico has signed in the context of NAFTA with the United States and Canada, as well as EU-MEXICO FTA with the European Union. The analysis will be focused around the regional allocation of FDI, the analysis of the main industrial sectors where FDI lands and on the most active foreign investors in the country. However, a new series of reforms and measures to advance liberalization have triggered the interest of other countries to invest in Mexico; Most notably, from Europe. These new FDI inflows are being allocated in different regions and shifting away from manufacturing industries into the service sectors and on to new investment opportunities in strategic industries.
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Which foreigners are worth wooing?: a meta-analysis of vertical spillovers from FDI
Havránek, Tomáš ; Iršová, Zuzana
The principal argument for subsidizing foreign investment is the assumed spillover of technology to local firms. Yet researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, writers collected 3,626 estimates from 57 empirical studies on between-sector spillovers and reviewed the literature quantitatively. The results indicate that model misspecifications reduce the reported estimates, but that journals select relatively large estimates for publication.
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The origins of global imbalances
Brůha, Jan ; Podpiera, Jiří
In this paper writers study the endogenous response of unequally developed regions to a drop in investment and trade costs in a general equilibrium model. The response is characterized by a rise in foreign direct investment in the underdeveloped region and increased consumption in the developed one, leading to trade imbalances between the regions. Writers hereby propose that declining investment and trade costs could have caused this century’s global imbalances.
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