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The development of the selected economic indicators of the former Eastern Block countries after accession to the European Union
 Chorvátová, Martina ; Zeman, Jan (advisor) ; Musil, Petr (referee)
This bachelor thesis analyses the level of the change of the economic situation and performance in the countries which were part of the Eastern block in the past after joining the European Union. The selected countries are Slovakia, Estonia, Slovenia, Bulgaria and Romania. The main objective of this thesis is to analyze, on the basis of selected economic indicators, the positive and negative consequences of the countries entry into the EU on the economic performance of the country, but also to analyze the development of the economy over the whole period under review. Another objective is to analyze the dependence between the selected economic indicators. The calculation itself is based on the calculations of the average growth rate, the average absolute increment and the correlation coefficient. Another method used in the analysis is the decomposition of the times series of the economic indicators to the trend and cyclic component using Hodrick Prescott filter and the evaluation of the coherence among chosen indicators. The benefit of this work is to compare the economic performance of the selected countries before and after joining EU and then to answer the question whether the entry into the EU would be beneficial for the other countries that have not been yet classified as EU member states. The analysis is based on the data available in the Eurostat database using the EViews and MS Excel software.
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