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Analýza výhod a nevýhod přijetí eura v České republice
Vohlmuthova, Veronika ; Bartošová, Jitka (advisor) ; Bína, Vladislav (referee)
This bachelor thesis analyses the advantages and disadvantages of adopting the euro in the Czech Republic. I approach this question in a comprehensive manner by dividing the thesis into three parts; theoretical part, methodology and practical part. The first part is the theoretical background, which covers the topic of the creation of the European Economic and Monetary Union (EMU), associated costs and benefits, accession criteria, Optimum Currency Area theory, theories of economic convergence and compliance of the Czech Republic with the euro area. The second part examines the methodology, description of the data base, economic indicators, statistical software and statistical methods. The third part is the practical part, where I use descriptive statistics, growth coefficients, convergence theories, such as beta convergence, sigma convergence, and finally a qualitative comparison of Czech Re-public and Slovakia.
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Multi-speed European Union and its impacts on Slovakia
Stanová, Zuzana ; Sršeň, Radim (advisor) ; Dubský, Zbyněk (referee)
Multi-speed European Union is a very up-to-date topic especially in terms of the finance and debt crisis, which deepened the differences between member states' economies. Multi-speed integration is one of the ways how to satisfy the claims of all member states, respect their different socioeconomic conditions and interests and at the same time not to disturb the integration process. The objective of this thesis is to introduce the concept of multi-speed integration from different theoretical points of view, to outline its historical development and assess its positive and negative impacts on the EU as a whole and on Slovakia. The analysis of impacts of the Economic and Monetary Union's multi-speed character on Slovakia is the key part of this thesis. These impacts on Slovakia are both positive and negative, but some of them cannot be categorized in general. In the aggregate the positive impacts prevail.
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Legal Framework of Monetary Stability in the Euro Area
Svobodová, Lenka ; Moravec, Tomáš (advisor) ; Patočka, Radim (referee)
"Legal Framework of Monetary Stability in the Euro Area" describes the effort of Economic and Monetary Union to maintain the monetary stability economically and legally. The first chapter is dedicated to the European union legal order and to developement of European Monetary Union. The second chapter apply of maintaining of monetary union, that means economic convergence, coordination of tax systems and monetary policy of European Central Bank. The last chapter analyses statistics of member states of European Union.
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Analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency.
Klumparová, Adéla ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
This Bachelor's thesis " Analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency " examines with the accession of the Czech Republic to the euro area. In the first chapter the reader is familiar with the historical development of European monetary integration. This part is followed by The integration of the Czech Republic to this monetary Union and its commitment to adopt the euro as enshrined in the Maastricht Treaty in the second charter. The third chapter is focused on the nominal convergence criteria and on the achieved degree of their fulfilment by the Czech Republic. The next part of the thesis contains comprehensive analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency. This state is evaluated in terms of the structural similarities and economic synchronisation of the Czech economy with the economy of the eurozone, and also in terms of the ability of the economy to a the effects of asymmetric shocks arising after the Czech Republic's entry into the Monetary Union. This chapter is focused on the evaluation of the cyclical and structural harmonisation of the Czech Republic with the countries of the euro area and on the existence and function of the adjustment mechanisms. Attention is focused also on the positives and negatives arising from the accession of the Czech republic to the euro area, which are demonstrated on the example of the Slovak Republic.
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The Impact of the Ongoing European Debt Crises on the Economic Integration of European Union
Klusáková, Petra ; Čajka, Radek (advisor) ; Melcher, Ota (referee)
Based on the set criteria the aim of this bachelor thesis is to verify the statement that european debt crisis means weakening of european endeavor of economic integration. Using convergence of inflation rate, exchange rate volatility, convergence of public finances, trade and integration openess, integration of financial markets, convergence of long-term interest rates, convergence of income and measuring integration with indices, this work compares the level of economic integration before the outbreak of the debt crisis and in its course. Next aim is to assess the measures implemented by EU as a reaction to the crisis in terms of deepening/weakening integration effort. The emphasis is put on its long-term sustainability and efficiency.
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The convergence process of the Czech Republic to European monetary union
Kutinová, Hana ; Mandel, Martin (advisor) ; Skoupil, Lubomír (referee)
The aim of this thesis is to evaluate the convergence process of the Czech Republic. The thesis describes the historical background of the Treaty on European Union and the criteria for adopting the euro are described in detail. The convergence process of the Czech Republic is viewed from the perspective of a nominal convergence (inflation rates, government finance, exchange rates, long-term interest rates) as well as a real convergence (measured by GDP per capita in purchasing power parity). Further, the attention is paid to the institutional framework of fiscal policy of the Czech Republic. Indicators of economic harmonization are also analyzed, such as the business cycle, interest rates, exchange rates and stock indices. The comparative method is used to evaluate -- development indicators are compared over time and with countries in a similar position with the Czech Republic.
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Differentiation of European Integration Process
Svobodová, Tereza ; Dubský, Zbyněk (advisor) ; Druláková, Radka (referee)
The main task of the thesis entitled Differentiation of European Integration Process is historical excursus into the development of the policy of differentiation and flexibility within the European integration member countries. The thesis points out the comparison of the speeches delivered by leading representatives that helped forming theoretical basis of this european policy. The thesis then also characterises the main models of differentiated collaboration and evaluates their present contribution and future utilisation. With help of theoretical foundings the thesis then analyses three particular examples of differentiation in existing European integration process.
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