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Human Capital Development in BRICS: education in China, India and South Africa.
Šupolíková, Lenka ; Kučerová, Irah (advisor) ; Vlček, Václav (referee)
This diploma thesis deals with the development of human capital in China, India, and South Africa. It focuses on the historical development and the main milestones in the development of education systems in individual countries and subsequently their current state. The aim is to compare individual countries in terms of human capital development and to figure out why South Africa is ranked worse than the other two countries in the World Bank's Human Capital Index, even though it is one of the upper middle-income countries along with China and India is a country with a lower middle income and yet it is ranked higher in this ranking. The work examines the history of the development of education systems in individual countries and describes their significant milestones that have influenced education to such an extent that the country is still struggling with the consequences. Firstly, this thesis describes the current state of education systems and gathers important characteristics and major problems. These problems stem mainly from historical developments, which have caused China to reform its education in order to get rid of the consequences of Soviet influence. India has been particularly influenced by British influence, which has changed its traditional education and is currently struggling with...
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Problematika míry otevřenosti zemí BRICS
Vávrová, Gabriela
The aim of diploma thesis is to determinate factors which have significant in-fluence on trade openness in the BRICS countries. It is based on quarterly figures for the years 2010 and 2018. For the analysis, econometric statistical methods are applied to basic data together with analysis of commodity and territorial structure of BRICS´s exports. The conclusion summaries results of multivariable regression model which are also used for assessment investment opportunities of Czech companies in these countries.
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Russia-China relations within the framework of BRICS and their international significance in terms of neo-marxist theory and neoliberal institutionalism
Rybachenko, Diana ; Kučerová, Irah (advisor) ; Parízek, Michal (referee)
Neo-Marxism and neoliberal institutionalism are applied to investigate which factors determine the cooperation of emerging powers and what consequences it may have globally within the case of Russia-China relations in BRICS. To this end, congruence analysis is applied. Based on available data, comparison of predictions with observations reveals that the majority of evidences accord with neo-Marxism. Russia and China affirm their position against the predominance of one center in the international arena and emphasize common commitment to a more equitable multipolar world order that is permanently reflected in the statements of Russian and Chinese leadership. The trade war between the US and China since 2018 is one of the evidence of the growing disintegration of the existing world order. Building a new order is based on the creation of regional coalitions of the countries that share common views on specific issues. Within the framework of BRICS, Russia and China have already taken measures towards own financial institutions as an alternative source of funding. The leaderships of both countries believe that emerging economies should have a greater voice and representation in international financial institutions. Their primary interest is the reform of the International Monetary Fund so that it...
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The countries of BRICS a new factor of economic development in the world economy at the beginning of the 21st century.
LUTEROVÁ, Tereza
The countries of BRICS are the subject of my bachelor´s work. The work deals with the history, origin and members of BRICS: Brazil, Russia, India, China and South Africa. Futhermore the work is concerned with the origin and working of the New Development Bank and Satellite System GLONASS, which shall serve the members of BRICS only. The first part is about the history and origin of countries of BRICS. The basic characteristics of the individual countries, comes next, including main indicators demographical and economic. As another important part in work is chapter about the monetary policy and the New Development Bank BRICS. The Satellite System GLONASS is mentioned in the semi-final chapter of bachelor´s work. The end of the work belongs to the potential of the countries of BRICS. The part of the work, are the charts, which with help of basic economic and other indicators provide the summary about individual countries.
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The investment climate of India as a member of BRICS
Čípová, Tereza ; Zamykalová, Miroslava (advisor) ; Gullová, Soňa (referee)
This bachelor thesis deals with the investment climate of India and the association of BRICS, to which India is a member. Its main goal is to evaluate the investment climate of India and identify its most attractive areas. Within this goal, the first chapter outlines the creation and macroeconomic development of BRICS as well as the cooperation between its members. The second and most important chapter deals with India itself. It contains the characteristics of the country including its economy, it focuses on the development and main reforms of the investment climate, on the inflow of foreign direct investment and also on the issues of entering the market which implies to the barriers of entry and investment incentives. The third chapter consists of SWOT analysis of indian investment climate comprising its strengths, weaknesses, opportunities and threats.
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The attitude of Russia towards the new BRICS financial institutions: analysis of public debate in Russian media
Mikalyuk, Diana ; Parízek, Michal (advisor) ; Kučerová, Irah (referee)
New financial institutions of BRICS are a new phenomenon in the context of international global finances. Since the beginning of the debate about creation of the BRICS financial institutions, a wide debate has emerged around the phenomenon, both in the academic and political spheres. The key element of the debate was the question, what role can BRICS play in the system of global governance. This thesis analyzes the phenomenon of the New Financial Institutions BRICS through the theoretical concept of the contested multilateralism and emphasizes that the new practices and rules of the given institutions lead to the creation of a regime complex in the field of international finance. Subsequently, the work through the method of content analysis of selected media explores the motivation of one of the BRICS member states, specifically Russia, to create these institutions. During the process of institution-building, motivations and objectives of Russia were not clear. This work aims to identify this motivation, which should contribute to a deeper understanding of possibilities for future development of the New Development Bank and The BRICS Contingent Reserve Arrangement.
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Inherent instability of financial markets
Hladík, Jan ; Buben, Radek (advisor) ; Znoj, Milan (referee)
The main aim of this presented diploma thesis is to help build a systematic understanding of the political and social foundations of global financial markets, their operations and impacts on the global power affairs. The thesis highlights the dynamic complexity of the post financial crisis state of the World with its itra- and inter-social features. It instrumentaly uses critique of a free market agenda and neo-classical economy which contrasts the Efficient Markets Hypothesis with Hyman Minsky's Financial Instability Hypothesis (FIH), taking into account the dynamic complexity of financial markets. This approach offers analytical tools that can account for crisis through processes endogenous to contemporary financial capitalism. I shall argue that a financially complex system is, according to the FIH, inherently flawed and unstable. After a theoretical and historical review, the thesis discusses various aspects of the process of austerity regime and its social consequences. This provides an opportunity for analyses of the ongoing existence of interstate competition, of militarised foreign policy, and of other international, at times violent conflicts. In an effort to make sense of some of these phenomena, I instrumentaly use the study of geoeconomics that builds on some fundamental assumptions...
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BRICS Organization: Comparison of the Countries' Economies and Geopolitical Influence. Potential Development
Voronkova, Anna ; Riegl, Martin (advisor) ; Benáček, Vladimír (referee)
Master thesis "BRICS Organization: Comparison of the Countries' Economies and Geopolitical Influence. Potential Development" describes the cooperation of Brazil, Russia, India, Russia and South Africa within BRICS international group. The countries show remarkable economic growth rates over the past years. This group of countries is believed to undergo the process of structural transformations and reach the level of world leading economies in a short time. This Master thesis evaluates BRICS countries from the perspective of political cooperation within the framework of the organization, assesses current economic and social performance of the member countries. The aim of this research is to indicate the main reasons for BRICS countries to unify into this international organization and to suggest the potential development of BRICS group. Powered by TCPDF (www.tcpdf.org)
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China tries within the current internationl framework dominated by the US to gain more power in the IMF
Liehmann, Viktoria ; Lepš, Jakub (advisor) ; Sehnálková, Jana (referee)
This thesis analyses whether China tries to gain more power in the IMF staying within the current international U.S.-dominated system. The analysis focuses on China's behavior in the IMF during the reform process of the last decade. The thesis examines the ways in which China can gain more power staying in the IMF. However, current power structures make it difficult to implement changes and China might therefore use political groups such as the BRICS and their New Development Bank to exert pressure. But the intention of the BRICS is not to overthrow the system but to reform it. Using official statements and speeches delivered by Chinese, U.S. or IMF staff in the IMF as well as articles published in newspapers Chinese claims and US reactions were analyzed. The results suggest that China stays within the international system and does not try to overthrow it. Nevertheless, pressure is created through the establishment of the New Development Bank (NDB) and the Asian Infrastructure and Investment Bank (AIIB). The intention of this thesis is to give a current account of Chinese behavior in the international community, supporting the understanding of underlying dynamics. Keywords IMF, China, Reforms, BRICS, New Development Bank, Asian Infrastructure and Investment Bank, international system, challenge
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