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Impact of the introduction of the euro on tourism
Lichter, Michal ; Herget, Jan (advisor) ; Petrů, Zdenka (referee)
The thesis analyzes the positive and negative impacts of the introduction of the single currency euro on the tourism industry. The first part deals with the general specification of tourism and its position in the world economy. Second section introduces monetary integration and the positive and negative effects on the industry. The practical part analyzes individual tourism indicators before and after the introduction of the euro in the chosen country, Spain. The purpose of this example is to evaluate whether the changes of indicators were caused by the adoption of the single currency.
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Benefits and costs of common European currency adoption in small open economy (on the example of chosen country)
Bábek, Jiří ; Durčáková, Jaroslava (advisor) ; Doležal, Jiří (referee)
The aim of this thesis is to analyze and assess the benefits and cosi resulting from the implementation of common currency in a small open economy in specific cases in chosen countries. The theoretical part is devoted to the monetary integration itself, its historical development in Europe anf the theory of optimum currency area. Attention will be focused also on the entry criteria of monetary union and the specifics of small open economies within the frame of monetary union. The analytical part evaluates and compares the readiness of chosen economies. Subsequently, the thesis deals with benefits and costs of monetary integration and their significance in a particular situation on the example of chosen countries. Individual benefits and costs will also be put into context with the crisis of monetary union. The results are discussed in conclusion.
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The role of the Czech national bank after the accession of Czech republic to the monetary union
Dráská, Johana ; Ježek, Tomáš (advisor) ; Dočkal, Dalibor (referee)
The accession to the European Monetary Union is fundamentally changing the role of the Czech national bank. Aim of this work is to describe and evaluate this new role of the CNB in connection with the transfer of its former powers to the ECB. The theoretical part of the work deals with the role of central banking in general, the role of the CNB before the accession to the EMU and the role of ECB in monetary union. The work reviews compliance with the conditions required for the accession to the EMU. Further it focuses on the analysis of CNB monetary policy in recent years, particularly its interest rates policy. In view of the future situation in the field of monetary policy the work draws on the experience of Slovakia after its entry into the euro zone and respondes to the question of whether uniform monetary policy is equally applicable to all member states of the euro area by using the Theory of Optimum Currency Area. The work also analyzes the actions of the ECB and the CNB caused by the current economic crisis.
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Analysis of the readiness of acceptance and strategy of entry of the Czech Republic to the euro area
Urban, Oto ; Ševčíková, Michaela (advisor) ; Řežábek, Pavel (referee)
The aim of the bachelor thesis is to evaluate readiness of the Czech Republic to adopt the common European currency, the Euro. I will concentrate on the economic situation of the Czech Republic especially on the nominal values and the real convergence that are the main indicators of the accession to the euro zone. In the theoretical part of my bachelor thesis I will analyze particular attitudes and the phases of the economic and political integration with the concentration on the nominal and real convergence kriteria. Practical part is focused on the current strategy of the accession of the Czech Republic to the euro zone, analysis of the fulfilling of Maastricht convergence criteria by the Czech Republic and on the level of the harmonization between the Czech Republic and the euro zone by the comparison of the real parameters. In the end of the bachelor thesis, there is an analysis of the advantages and disadvantages of the access to the euro zone. I will tempt to propose the reference year which will be adequate for the adoption of the euro in the Czech Republic.
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Economic concequences of the European integration with respect to the Treaty of Lisbon
Tesarčíková, Aneta ; Mičúch, Marek (advisor) ; Skopeček, Jan (referee)
This thesis is concerned about the European integration and its consequences on particular economy branches. It deals with labour markets, analyzes the current situation, and finally issues and presents the ways of solving these issues. The thesis describes European Monetary Union and analyses the fielf of euro area with respect to optimal currency area. The second part of the thesis presents an introduction to the Treaty of Lisbon and its structure. There are progresses in some parts of economic situations and critics on The Treaty of Lisbon mentioned. Furthermore, the thesis analyzes the bureaucratic costs after ratification of The Treaty of Lisbon.
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Comparison of Fundamental Exchange Rate Regimes
Stejskal, Jan ; Taušer, Josef (advisor) ; Cibulková, Iveta (referee)
Práce se zabývá členěním kursových režimů a problémy s tím spojenými, historickým vývojem kursových režimů a současným stavem v této oblasti. V další části jsou představeny některé vlastnosti a teorie spojené s kursovými režimy a zmíněna problematika přechodů mezi kursovými režimy. Následně jsou představeny empirické studie zabývající se kursovými režimy s důrazem na studie zabývající se jejich vlivem na inflaci a hospodářský růst. Další studie hodnotí vliv dalších ekonomických a politických veličin na volbu kursového režimu a poslední studie se zabývá potvrzením nebo vyvrácením tzv. bipolární teorie. Závěrem jsou vyhodnoceny často velmi různorodé výsledky těchto studií.
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Road to Common Currency - Comparsion of the Czech Republic ans Slovenia
Kokaisl, Petr ; Taušer, Josef (advisor) ; Dupal, Jiří (referee)
This work summarizes readiness of the Czech Republic for addoption of common currency euro. It describes the history of common European currency in the first chapter and economic and monetary union in second chapter. The fourth chapter analyzes the fulfillment of Maastricht convergence criteria in the Czech Republic in comparison to Slovenia. The last chapter focuses on the fulfillment of the optimum currency area criteria in these countries
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The quick ingestion of commun european currency: risk or benefit, illustrated by the example of the Baltic states
Tenglerová, Lenka ; Dlouhý, Vladimír (advisor) ; Mach, Petr (referee)
The aim of this work is an analysis of the too fast ingestion of the common European currency which is illustrated on the example of Baltic states: Estonia, Lithuania and Latvia. These countries have problems with high inflation rate and current account deficit. As an introduction, there is described a historical development of European Monetary System and process of states' accession to the Exchange Rate Mechanism (ERM). Thereafter the work is focused on favourableness or unfavourableness of fixed and floating exchange rate regimes and their impact on the instruments of macroeconomic policy. Then follows an information about the actual economic situation of Baltic and the possible relation of the current account deficit and inflation rate to the fixed exchange rate. All the findings are given into the context to the Czech Republic at the end of this work.
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Přistupení České republiky k Hospodářské a měnové unii
Kundrátová, Lucie ; Ježek, Tomáš (advisor) ; Čermák, Petr (referee)
Diplomová práce se zabývá problematikou přistoupení České republiky k EMU. Na začátku práce je krátce popsán vznik EMU. Jádrem práce je připravenost ekonomiky na přijetí společné měny, stupeň dosažené hospodářské konvergence k Evropské unii a porovnání s ostatními státy střední a východní Evropy. Na konci práce je naznačen vývoj konvergence Slovinska a Slovenska.
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