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Impacts of financial crisis on the public finance of the Czech Republic
Korčomacha, Světlana ; Ochrana, František (advisor) ; Pavlisová, Miroslava (referee)
The aim of this thesis is the specification of the term "financial crisis" and the analysis of its impacts on the national budget and the public finance of the Czech Republic in 2010. The first chapter deals with the definition of the finance crisis and of other basic terms necessary for the subsequent analysis. Further, the outbreak of the finance crisis and its causes are described in detail. The end of the first chapter lists several experts' recommendations regarding what they find necessary in order to avoid similar global crises occurring in the future. These are especially aimed at changes in regulation. The second, practical part of the thesis deals with the impact of the worldwide financial crisis on the national budget of the Czech Republic in 2010, on the national debt, and the government debt. This is an analysis of changes in individual incomes and expenses within the national budget, and a determination whether these changes were caused by the financial crisis or by legislation and other measures carried out by the government. At the conclusion, an evaluation of the analysis and recommendations implied by the same are stated.
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The fiscal policy analysis in phase of "budget responsibility" and their impacts on social security area
Mácha, Pavel ; Durdisová, Jaroslava (advisor) ; Kubelková, Karina (referee)
The goal of this thesis is focusing on analysis of fiscal arrangements that has been passed by the government in accordance with the public budget stabilization act, which should be proper reaction to improve bad development in public finance of the Czech Republic and in general government debt, which has been mainly caused by increasing of the mandatory social expenditures. After defining the main essence of the public finance theory, the work is focusing on quantify and evaluate the main effects of reform arrangements divided into three main parts, such as effects of taxation, effects of social sphere and effects of the health finance. The period of the concern of this analysis is the year of 2008, first year of reform arrangements validity. After evaluation, the next part of the interest is public deficit and the analysis of general government debt. The main aim is to define what are the basic factors, which affects the ratio of government debt on GDP nominal called as "relative ratio of government debt" The thesis also includes a few calculations of how the relative ratio could be if we change some of factors of determination of the model.
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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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Public debt of the Czech Republic
Krajíček, Vojtěch ; Izák, Vratislav (advisor) ; Blažek, Petr (referee)
This bachelor thesis deals with the public debt of the Czech republic. In the introductory (theoretical) part, the public debt is set into a sphere of Czech public's finances, followed by its complete analysis which can be also understood as a basic summary of the existing theoretical knowledge. After the coverage of basic theoretical aspects, there follows the second (practical) part which includes i.a. the main object of this thesis, formulated by a hypothesis whether the rising of our public debt may lead to national bankruptcy. This examination is based on an analysis of the main causes of problems in countries which have recently been directly threatened by national bankruptcy. The identified causes are then confronted with the current economic reality in Czech republic. For achieving the main aim of this thesis, there should also help the partial aims focusing on the formation and development of our public debt, then on the quantification of the costs of its operation and the following comparison in terms of the EU. The method used for this achievement is going to be a combination of theoretical study of professional literature and empirical analysis in the application of scientific procedures of description and comparison.
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Fiscal bankruptcy of Hungary - the way that also the Czech Republic follows?
Pařízek, Ondřej ; Ježek, Tomáš (advisor) ; Dočkal, Dalibor (referee)
The first goal of this thesis is to reveal main causes of increasing public debts of the Czech Republic and Hungary. The results of that analysis should show us whether the both countries differ in such causes or not and if there is a chance that the Czech Republic's public finance system could be in danger, as it happened in Hungary in 2008. At the beginning, we suppose that there are no important differences in those causes and that the main reason for the increasing public debts are long-term budget deficits which are of structural character. That means that those structural deficits are formed on purpose, by irresponsible fiscal policy. The other goal of this thesis is to analyse the most important factors which cause the long-term structural deficits in the Czech Republic, and to suggest some steps which would help to stop the further creation of those deficits.
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Fiscalisation of expenses of financial crises
Buryánek, Pavel ; Dvořák, Pavel (advisor) ; Fantová Šumpíková, Markéta (referee)
The main goal of this thesis is to describe and analyse methods, which were used by countries affected by the Asian financial crisis to resolve related problems and also analyse how these solutions affected public debt. For this purpose I chose three Asian countries, Thailand, Indonesia and South Korea. These countries have one in common, their governments decided to establish Asset Management company to resolve problems of bank sector. This thesis describes how they were successful in their aspirations and fallout of financial crises on choosen countries.
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The Solution of the Austrian Public Debt in the 21. Century
Marečková, Hana ; Karpová, Eva (advisor) ; Abrhám, Josef (referee)
The theses deals with the austrian public debt. The theoretical part gives a view into basic terms and problematic of public finance. The theoretical terms are applicated on the probletic of public finace of Austria. There is a comparison of accomplishment of nominal convergence criteria within the members of the European Union. The history of austrian economic policy since the 20. century is described. The theses then deals with the prediction of the economic development and growth. It is described, which economic impacts on austrian public finace this could have in the following period.
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Public Finance Reform in the Czech Republic
Pešek, Radim ; Dvořák, Pavel (advisor) ; Lešetický, Ondřej (referee)
This work describes the development of volume and structure of czech agencies of government sector expenditure side, the development of budget balance and a public debt. It judges the fulfilment of Maastricht's criteria necessary for the acceptance of common europian currency. The work also describes and scans two reforms in public finance in the Czech Republic. The proposals for solving the problems in czech public finance are introduced at the close of the work.
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