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The business environment of Belgium
Pivoňková, Adéla ; Müllerová, Františka (advisor) ; Střecha, Michal (referee)
The main aim of this thesis is to evaluate the business environment of Belgium from the point of view of Czech entities. The partial objectives are identifying the advantages and disadvantages of the environment, identifying any obstacles and complications that might occur when entering the Belgian market. To top of that the thesis contains the identification of perspective sectors that could be used by Czech entrepreneurs. The thesis is divided into four chapters. The first chapter is general, it is about the business environment, charts of competitiveness and PEST analysis. The second chapter applies the findings from the first chapter to Belgium. The third chapter is about the business environment of Belgium from the point of view of Czech entrepreneurs. The fourth chapter is practical, including interviews about the topic.
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Business environment of Austria
Lněničková, Lada ; Müllerová, Františka (advisor) ; Střecha, Michal (referee)
The aim of this master thesis is to evaluate the business environment of Austria. Another goal of the thesis is to determine the advantages and disadvantages of the Austrian market and to specify the opportunities that the Austrian market offers to Czech companies. To achieve these goals PEST analysis and several indexes and rankings are used. The thesis is divided into four chapters. In the first chapter, several definitions of business environment are introduced as well as theoretical information about PEST analysis and indexes of chosen world organisation. The information gathered in the first chapter is subsequently applied to Austria in the second chapter. The third chapter focuses more on the relations between the Czech republic and Austria, considering the balance of trade, possibilities how to enter the Austrian market and cultural specifics of Austria. Whether the information acquired in the first three chapters corresponds with the current situation on the market will be verified by means of several interviews with professionals from this field.
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The development and the sustainability of the external public debt of the European Union member states
Střecha, Michal ; Karpová, Eva (advisor) ; Izák, Vratislav (referee) ; Šaroch, Stanislav (referee) ; Křelinová, Jana (referee)
The public debt is considered as an important indicator of the macroeconomic and financial stability of the domestic economy. It reflects a quality of the fiscal policy and the sustainability of the public finances. The public debt has been recently paid more attention in the context of the last financial and debt crisis initiated in 2008. A considerable amount of literature has been published on the topic of interconnections between budget balances and macroeconomic environment. However, the budget deficit is only a consequence of higher public expenditures than public revenues. Therefore, the debt is only an alternative source of financing the budget deficit. One of the main ideas of the doctoral thesis is that the macroeconomic effects of the fiscal policy represented by the budget deficits and effects of the public debt should differ. While activities of the fiscal policy effect the real economic indicators such as the GDP, an increase in the public debt effects the monetary indicators such as the exchange rate, the market interest rate and the money supply. The main object of the doctoral thesis is the analysis of the public debt development including the changes in the public debt structure broken down by debt instruments, currency, maturity and the holder profile. Besides, other main object is to analyse the macroeconomic effects of various forms of a public debt; firstly the attention is paid to different monetary effects of the domestic and the external public debt. The doctoral thesis suggests a new point of view to the analysis of the macroeconomic effects and sustainability of a public debt. The findings can be used in the decision making process; If a public deficit is supposed to be domestic debt or external debt financed. Apart from the effects of the changes in the outstanding debt, the effects of the changes in the public debt structure are examined.
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Analysis of the balance of payments of the United Kingdom in 2005 - 2011
Jedličková, Lenka ; Jiránková, Martina (advisor) ; Střecha, Michal (referee)
This thesis deals with the characteristic external economic balance of the United Kingdom in the period 2005-2011. The thesis is divided into three parts, the first one is theoretical and the other two parts are practical. The aim of this work is to define the external economic balance of the United Kingdom from 2005 to 2011. The introductory chapter is devoted to the characterization of the term of balance of payments, defining its structure and describe the shape of the external economic balance. The second chapter explains the balance of payments accounts of the United Kingdom in specified years. In the last chapter, there are applied theoretical knowledge of the characteristics of the shape of the external economic balance of the findings of the different balances, investment position and external debt.
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Reaction of EU countries to the debt crisis
Cerman, Ivo ; Němcová, Ingeborg (advisor) ; Střecha, Michal (referee)
Bachelor thesis deals with the debt crisis in European Union. Its content is an analysis of mainly public debt in selected countries of the Union which are comparable considering performance of their economic systems. Chosen are states with different causes of their debt crisis development, namely Ireland, Greece and Portugal. Conclusions of this thesis show that Ireland on the basis of its economy adjustment is able to generate economic growth again. On the other hand, factors of crisis in Greece and Portugal were not removed and are causing additional problems to their contemporary progress.
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Crisis of the Cypriot banking sector
Bezek, Pavol ; Jeníček, Vladimír (advisor) ; Střecha, Michal (referee)
The crisis of the Cypriot banking sector is consequence to the unsustainable financial system that exceeded several times the country's GDP. Compared to the GDP seven times larger financial sector, supported by lax supervision and low levels of regulation contributed to the fact that the country got into trouble and needed help. It was the first of the affected countries which needed to use its own resources to save itself. This work provides a comprehensive view to the financial crisis, its development and impact on the EU economy. It examines and analyzes the steps that EU leaders have done to mitigate the effects of the crisis . Through the analysis examines the causes of the banking crisis outbreak in Cyprus and discovers that the crisis was caused by moral hazard because banks have decided to buy risky Greek bonds . These toxic assets had to be later written off and banks lost substantial part of their liquidity. The reader is getting familiar with the development and outcome of negotiations with international creditors and also the steps taken by the Cypriot government to ensure funds for the country. In conclusion, there are given the alternative solutions to the crisis and the steps taken by the Cypriot government to prevent similar scenarios also the reader is provided by forecasts of the economic development of the country.
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The problem of hikikomori in Japan in the 21st century: causes and effects
Wang, Jieqiong ; Stuchlíková, Zuzana (advisor) ; Střecha, Michal (referee)
This thesis focuses on the problem of hikikomori in Japan. The aim of this paper is to evaluate the impact of hikikomori on Japanese society. I mainly focus on the effects and impacts on the economic aspects. In the first of this paper I introduce the definition of the problem, then I compare "hikikomori" and "otaku". I also mention the other specific population groups, such as freeters, parasite single or Neets. The second chapter deals with the causes of the problem and describe the situation hikikomori in the world. The last chapter describes the impact of this issue on the Japanese economy and I mention solutions and measures taken to deal with the problem.
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Balance of payments of Germany
Hudcová, Adéla ; Jiránková, Martina (advisor) ; Střecha, Michal (referee)
The aim of this bachelor thesis is to analyze the development of the balance of payments of the Federal Republic of Germany in the years 1999-2012. The thesis is divided into the theoretical and the practical part and contains three chapters. In the first chapter, the balance of payments and external economic balance are characterized in general. The second chapter deals with the development of Germany's balance of payments, which is analyzed on the basis of the development of its accounts during the reporting period. The last chapter focuses on the appraisal of the external economic balance of the Federal Republic through different balances, the international investment position and the external debt.
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The business relations between the Czech Republic and the United Kingdom with consideration of the cultural differences
Lněničková, Lada ; Müllerová, Františka (advisor) ; Střecha, Michal (referee)
The aim of this bachelor thesis is to describe the business relations between the Czech Republic and the United Kingdom and to analyse the cultural specifics of the UK. Another goal of the thesis is the analysis of the economical environment of the UK. The thesis is divided into five chapters. The first chapter is focused on the basic information about the country. In the second chapter I pay attention to the British economy, including the analysis of the basic macroeconomic facts and the international trade of the country. The next chapter deals with the Czech-British business relations. When entering a foreign market it is highly important to study the cultural differences of a country and its customs during business negotiations. The knowledge of these differences brings a big advantage for those interested in a market, therefore the fourth chapter is focused on this topic. The last chapter includes the opinions of the businessmen on the Czech and British market.
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The Czech-French business relations with consideration of the cultural differences
Pivoňková, Adéla ; Müllerová, Františka (advisor) ; Střecha, Michal (referee)
The aim of this bachelor thesis is to analyze mutual business relations between the Czech Republic and France and to analyze business meetings with the French. The bachelor thesis is divided into four chapters. The first chapter is a general characteristic of France. The second chapter deals with the foreign trade of the Czech Republic and France and then it analyzes mutual business relations between these two countries. The third chapter is devoted to the French culture and business meetings with the French. The last chapter is based on interviews with Czech businessmen who have experience with negotiations in France.
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