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International Competitiveness and Complementarity of Trade in Services among China, Japan and South Korea
Gao, Aili ; Benáček, Vladimír (advisor) ; Semerák, Vilém (referee)
With the increasing importance of service trade in the economy, the development of service trade among China, Japan and South Korea, as the three largest economies in East Asia, cannot be ignored. This paper mainly analyzes the competitiveness and complementary relationship of service trade between China, Japan and South Korea through RCA and TC index. The degrees of competition between China, Japan and South Korea is not intense since their complementarity is high and stable. With the signing of RCEP, the future liberalization of service market in China, Japan and South Korea will be improved, and China should make full use of the complementarity of service trade with Japan and South Korea to strengthen the exchange and cooperation with Japanese and Korean service enterprises in several industries to promote the development of service trade between China, Japan and South Korea. Keywords ： Services Trade, Complementarity, Competitiveness, China, Japan, South Korea, Regional Economic Cooperation
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COVID-19 and the aviation industry: Economic impacts and policy responses
Hrubý, Martin ; Balcar, Petr (advisor) ; Benáček, Vladimír (referee)
Bibliographic note HRUBÝ, Martin. COVID-19 and the Aviation Industry: Economic Impacts and Policy Responses 59p. Master thesis. Charles University, Faculty of Social Sciences. Institute of Political Studies. Supervisor Ing. Petr Balcar, M.Sc. Abstract This thesis uses a combination of trend analysis and MACBETH/MABAC multiple criteria decision-making methods to assess the financial impact of the COVID-19 pandemic on the financial health of the aviation industry in 2020. It also examines the efficiency of government measures adopted to mitigate such impact by comparing the results with a hypothetical scenario where no government aid was provided in 2020. The findings show that the novel coronavirus pandemic significantly increased the probability of default across the studied airline sample and had a strong negative impact on profitability. Furthermore, the data indicates that government support improved the overall financial fitness of the studied sample and significantly reduced the probability of bankruptcy while having only a minimal effect on airline profitability. We analyze the mechanisms behind the identified trends and provide explanations that indicate room for improvement in future research. Keywords Aviation, Airlines, COVID-19, Government Support, MABAC, MACBETH, Financial Impacts Range of...
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Economic Integration in North America: Theory and Reality of Rules of Origin
Dotřelová, Anna ; Benáček, Vladimír (advisor)
Rules of origin are somehow overlooked but crucial feature of the free trade areas. They prevent trade deflection but they may also cause changes of producers' behavior. In the first part of this work the impact of restrictive rules of origin formulation will be described. In the later part the attention is focused on the rules of origin in the North American Free Trade Area (NAFTA), their specification as well as their impact on trade. The main aim is to measure the height of NAFTA's transaction costs connected with the preferential treatment. We use a new approach to estimate these costs, based on detailed elaboration of the Harmonized Schedule of the United States, detailed import data on HS6 level and comparison of gravity models' results in different preference margin groups. Our result suggests that NAFTA's compliance costs are somewhere between 4.6% and 4.9% percent of the import value
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Economic and Political Motivations for French Direct Investment in the Czechoslovak Republic During the Interwar Period: Schneider-Creusot's Activities in the Czechoslovak Republic.
Fairchild, David ; Doležalová, Antonie (advisor) ; Benáček, Vladimír (referee)
This study investigates the significant rates of French direct investment in the Czechoslovak Republic during the interwar years, specifically from the end of the First World War until the beginning of the Great Depression. It explores the intersection between external factors that occurred on the European continent and internal factors within the Czechoslovak Republic that drove French direct investment in the new republic during this period. This descriptive thesis uses two case studies of the French economic giant Schneider-Creusot's activities in the Czechoslovak Republic to better understand those motivations. The results from the case studies reveal that the Czechoslovak Republic offered a unique combination of economic stability, natural strategic location, and notable levels of historic productivity. These factors, coupled with the outcome of the Russian Revolution and the Treaty of Versailles, attracted high levels of French direct investment from 1918 to 1929. French foreign policy in the region was driven more heavily by economic fears and opportunities than by political ones. Key Words Czechoslovak Republic, France, Schneider-Creusot, foreign direct investment, interwar period Title Economic and Political Motivations for French Direct Investment in the Czechoslovak Republic During...
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