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Analysis of the Czech Republic fiscal policy after the European Union accession
Kodejšová, Martina ; Izák, Vratislav (advisor) ; Blažek, Petr (referee)
The aim of this thesis: The Analysis of the Czech Republic fiscal policy after the European Union accession are to describe and monitor development of Czech fiscal policy, remind context of economic and political cycle with fiscal policy in sequence of factual development and evaluate fiscal policy from the standpoint of the accession to EU and possible acceptance of the Euro, too. First part of paper is attended to basic terms delimitation of economic and fiscal policy. In subsequent parts is analyzed development of the most important fiscal policy indicators on the basis of acquired informations and evaluated fiscal policy from the perspective of its positioning. The last part is attended to consequence between Czech Republic and European Union, above all observance evaluation of Maastricht convergent criteria. Attention is aimed also at Stability and Growth Pact
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The Czech Republic and the Euro Area
Fiedlerová, Lucie ; Ježek, Tomáš (advisor) ; Kubelková, Karina (referee)
This graduation thesis is concerned with the Czech Republic's readiness for the entry to the euro area. Our Republic engaged to adopt shared euro currency already before the single admission to the European union, therefore it is not suitable to research, whether the Czech Republic should adopt euro or not, but when this step will be the most appropriate to render. The introductory part of the theses describes the history of the European monetary integration and the Stability and Growth Pact as an important instrument of the budget branch adherence. The theoretical part of the thesis focuses on the theory of optimal monetary areas, which is closely associated with monetary integration. Analytical section examines the rate of nominal and real approximation of Czech economy to the euro area's economies. I deal thoroughly with the fulfilment of convergence criteria and on the basis of GDP growth rate I analyse the real convergence. I solve the current influence of Greece's problems on the admission of euro in the Czech Republic and the Slovak macroeconomic experience with the entry to the euro area.
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Economic and Monetary Union
Vašíček, Petr ; Adámková, Vlasta (advisor) ; Hitzgerová, Vlasta (referee)
The object of this essay is focused on the Economic and Monetary Union. The EMU was realised on the basis of Jacques Delors report during the nineties. This report supposed three stages to achieve the specific goals which would lead to the EMU. One of the most important task was the fulfilment of the nominal convergence criteria which allowed the permission to join the euro area. This conditions were and are necessary to smooth monetary union functioning. Nowadays is this theme very actual by reason that the Czech Repulic joined the European Union on 1st May 2004. By this joining the Czech Republic is participating the third stage of the EMU and the euro will be accepted in this country later
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Actual problems eur introduction in CR
Kačírková, Michaela ; Kalínská, Emílie (advisor) ; Čajka, Radek (referee)
In the 1st part is the history of the idea of introduction single currency. In the 2nd part is the definition of the economic and currency unit. In the 3rd part are convergent criteria and in the 4th part is filling of the convergent criteria by CR. 5th part judge whole process of introduction single currrency including schedule and advantages and disadvantages or risk for receipt euro.
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Preparation of the Czech Republic to adopt the euro - strategy, convergence, expected impacts
Časarová, Lucie ; Steinmetzová, Dana (advisor) ; Řehořová, Veronika (referee)
This thesis deals with the accession of the Czech Republic into the eurozone. The first part briefly describes the history of European monetary integration and its relationship to the Czech Republic, the convergence criteria and their implementation of our country. It also focuses on technical and institutional aspects of the introduction of the euro, the choice of scenario and the strategy of accession into the eurozone. The last part tries to describe the projected impact of the introduction of the euro in the Czech Republic, the risks and benefits of adopting a common currency, and opinion of each group on this step.
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The road of Poland to the euro area
Štávorská, Zuzana ; Plchová, Božena (advisor) ; Nigrinová, Lenka (referee)
This thesis is dedicated to the evaluation of Poland's readiness to join the euro area. The evaluation is based on an analysis of real and nominal convergention. Next part of the thesis is the convergention strategy of Poland for the years 2008-2010 and the timetable for adoption of euro. In the theoretical part it describes the basic characteristics of economic and monetary union, evaluate the advantages and disadvantages of the adoption of common currency and the Maastricht criteria. Next, the thesis evaluates the current state of implementation of convergence criteria i Poland. Poland meets the nominal convergence criteria except for participation in ERM II., but forecasts for the future indicates a deterioration of others criteria.
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Road to Common Currency - Comparsion of the Czech Republic ans Slovenia
Kokaisl, Petr ; Taušer, Josef (advisor) ; Dupal, Jiří (referee)
This work summarizes readiness of the Czech Republic for addoption of common currency euro. It describes the history of common European currency in the first chapter and economic and monetary union in second chapter. The fourth chapter analyzes the fulfillment of Maastricht convergence criteria in the Czech Republic in comparison to Slovenia. The last chapter focuses on the fulfillment of the optimum currency area criteria in these countries
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The preparation of the new EU Member States for entering the Eurozone
Bušová, Tereza ; Adámková, Vlasta (advisor)
This diploma thesis deals with the preparation of the two EU Member States, namely Czech Republic and Slovakia, for joining the euro area. The first part briefly describes the formation of the Economic and Monetary Union. The core part lies in the assessment and in the comparison of both states regarding the fulfillment of the criteria for adoption of the single currency. The detailed analysis is focused mostly on the nominal and the real convergence.
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Analysis of nominal and real convergence of Czech republic and Slovakia
Andrejová, Margareta ; Plchová, Božena (advisor) ; Korandová, Jiřina (referee)
In the first chapter the thesis deals with the historical process of formation of the EU and EMU, in the other words euro area. Second chapter shows us the nominal and real analysis of convergence of Czech republic and Slovakia to the average of the EU 27 and former EU 15. Following chapters are about the process of ingression of Czech republic and Slovakia firstly to the EU and nowadays to the euro area. The aim of the thesis is to compare the process of the integration in these countries.
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Pro and con acceptance Euro - application on the Czech Republic
Jandová, Barbora ; Mach, Petr (advisor) ; Chytilová, Helena (referee)
The aim of this work is to appraise advantages and disadvantages of accepting EURO, in Czech Republic, which has already taken steps in order to join the EMU. The first part focus on the establishment and development of the EMU and about requirements, which have to be fulfilled by the countries, which are supposed to become members of the EMU. Afterwards, I would like to speak about pros and cons associated with this membership and consequently, I will analyse consequences caused by acceptance of a single currency. With regard to previous theory and experience of the EMU members, the second part is adressed to the Czech Republic. Except from analysis of current economic factors, which are important when talking about accepting the EURO, I will mention opinions and positions of the leaders of the main political parties and alternative institutions. Then, I will compare the Czech Republic with other countries, that are adepts for accepting common currency. Finally, I will put together the benefits and costs associated with single currency and I will make adequate conclusions on the basis of previous analysis.
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