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Iceland and the European Integration Processes
Plavec, Martin ; Jiránková, Martina (advisor) ; Tunkrová, Věra (referee)
The aim of this thesis is to describe the relationship between Iceland and the European integration, define Iceland's attitude towards it and explain the factors that shape this attitude. The thesis consists of three chapters. In the first chapter, basic characteristics of Iceland are laid out and an analysis of the factors that influence the country's attitude towards the European integration is conducted. The second chapter is dedicated to the development of mutual relations between Iceland and the European integration. This chapter covers period from the beginnings of the integration to the establishment of the EEA in the 1990s. The third chapter deals exclusively with the relationship between the EU and Iceland; some special attention is paid to the circumstances under which the Icelandic application to the EU was submitted as well as to the successive developments.
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External Economic Relations of the EFTA Member States
Novák, Tomáš ; Zamykalová, Miroslava (advisor) ; Štěrbová, Ludmila (referee)
The aim of this thesis is to analyze the external economic relations of the EFTA member states and the economic relations of EFTA association. The thesis focuses on the trade relations with the European Union, with the Czech Republic and with the third countries. There is a description of the process of concluding agreements, the structure of external trade with goods and services and foreign direct investment.
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Development of Icelandic accounting system
Cejpková, Barbora ; Zelenka, Vladimír (advisor)
This paper concentrates on development of Icelandic accounting system. In the first part there is described the legal background and all the institutions which have an impact on financial reporting in Iceland. The second part is about the influence of inflation on financial reporting. There are mentioned national principles of Icelandic accounting and in the end there is forcasted the future development.
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Small states and international organizations – Example of Iceland
Špruček, Dan ; Rolenc, Jan Martin (advisor) ; Sršeň, Radim (referee)
The aim of this bachelor thesis is to analyse relations of small states with international organizations. The first part of the thesis focuses on advantages and disadvantages of smallness of states in international relations and general reasons of joining international organizations. The second part focuses on Iceland as an example of a small state. The third and largest part analyses relations of small states with specific international organizations.
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Iceland and the European Union in the context of economic crisis
Sýkora, Martin ; Hnát, Pavel (advisor) ; Popovová, Marie (referee)
In this bachelor thesis is discused current relationship between Iceland and the European Union, which is at the moment affected by the economic crisis. The main objective of my thesis is to outline causes, process and impact of economic crisis to the economic and political situation of Iceland and analyze how the current crisis has affected the attitudes and the possibilities of Iceland to join the European Union and the eurozone. Emphasis is also placed on the assessment of feasibility, preparedness, convenience and the potential consequences of such action from the perspective of the pros and cons
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Financial Crisis in Iceland
Rosínová, Ivana ; Dvořák, Pavel (advisor) ; Votava, Libor (referee)
The diploma work deals with the problems of financial crises, concretely with the Icelandic financial crisis in 2008. The main target of the work is to describe the course, the causes and the consequences of the financial crisis. The fundamental informations about the financial crises are summarized in the theoretical part. The descriptive part deals with the development of the icelandic economy before crisis and with the course of the financial crisis. The final part is devoted to the analysis of the icelandic financial crisis, for that is used the general model of systemic financial crises.
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Impact of the american mortgage crisis on the economy of Iceland
Radilová, Eva ; Antoš, Ondřej (advisor) ; Jílek, Josef (referee)
This paper concentrates on the beginning of the mortgage crisis on the United States mortgage market. It deals with its global and local impacts and explains its origin against the economic background. After that it fluently continues with describing the origins of the Icelandic crisis. It is mentioned in this part that despite the economic boom the origins of the crisis had arisen at that time. After the burst the progression of the crisis including its impacts on macroeconomic indicators is described in this document. In conclusion the Icelandic crisis is being explained on the economic theory basis, compared to the American crisis and the question if Iceland was really a victim of the subprime mortgage crisis is answered there.
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EFTA in the changing international environment with focus on EU relations development
Růžičková, Lucie ; Vošta, Milan (advisor) ; Kašpar, Václav (referee)
The bachelor thesis analyzes historical development of EFTA and the EU relations, describes and evaluates current situation and outlines possible future development of these relations. The text is divided into three parts. The first chapter introduces the EFTA integration groupings, briefly characterizes its members and describes its relations with third countries. In addition, it focuses on the historical development of the EU and EFTA relations and defines the legal background of their cooperation (conventions). The second and the third chapter present the perspective of individual states on the EU integration, analyze the problems of interrelationship and think about the possible future development. First is the problem introduced from the view of the Scandinavian countries (Norway and Iceland), second from the view of the Alpine countries (Switzerland and Liechtenstein). The work reflects the current international situation in which in the context of the current global financial crisis that has affected also the European continent slowly changes perspective of some countries on European integration in favor of the EU as well as the benefits of a common European currency are highlighted.
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The Icelandic economy in the time of the financial crisis
Fliegerová, Petra ; Stuchlíková, Zuzana (advisor) ; Jelínek, Tomáš (referee)
The thesis is focused on the Icelandic financial crisis in 2008. The analysis of the occurrence and the course of crisis are based on the model of a systemic financial crisis. After the long period of economic boom the Icelandic economy was hit by the severe financial turmoil. Iceland was prosperous and strong economy by that time. However, as a result of the oversized bank expansion and external conditions the economy had to face the collapse of the banking sector and the consequential crisis. The theoretical part describes the development of the approach to the financial crisis modeling and defines the factors eventuating in a crisis. The analytical part is firstly dealing with the pre-crisis period and the beginning of the crisis. Subsequently, the causes of the crisis and the government stabilization measures are analyzed. Furthermore, the co-operation with International Monetary Fund is mentioned. And in the last section the work illustrates the impacts of the crisis together with the status of current economic indicators.
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