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Integration of Turkey into the European Union
Švec, Ondřej ; Glazar, Ondřej (advisor) ; Dingová, Vilma (referee)
Integration into the European Union is a chance for candidate countries to catch up with the average income level in the current member states. This study shows economic impact of Turkey's membership on foreign trade between EU countries and Turkey and also shows impact on EU budget. To gauge the effect of Turkey's accession the gravity model of trade was used. It has been estimated that the trade effect of membership implies 60% increase in trade volume. The dynamic model find out that shared EU membership could lead to 5% increase in trade every year for next ten years and it could represent 1% annual growth rate of Turkey's GDP. Economic impact of growth in EU exports to Turkey will be rather small, more important for current EU members are consequences of Turkey's integration on EU budget. The estimated cost of subsidies for Turkey lies between 0.09% and 0.23% of EU's GDP assuming current financial framework. The total subsidies will amount up to 5.5% of Turkish GDP. These results suggest that EU membership, particularly its effect on trade and EU budget, could lead to large economic gains for the new member states with some costs for current EU members.
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Implementation of common economic policy in the EU and its development during the crises
Kolář, Tomáš ; Čajka, Radek (advisor) ; Melcher, Ota (referee)
Objective of this bachelor thesis is to eveluate existing process of implementation of common economic policy in the EU and based on this analysis outline a future progress. This thesis draws especially out of current progress in the time of crisis. The biggest part is dedicated to the elements of fiscal coordination. There is a historical context and ties between individual states taken into account as well. The greatest benefit of this thesis is the last part. Based on stated data a current situation is analyzed and possible future progress is outlined. Thesis offers several possible scenarios where historical and existing progress is taken into account.
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Should a common economic policy be implemented in the European Union?
Žiaková, Silvia ; Čajka, Radek (advisor) ; Černá, Iveta (referee)
This bachelor thesis deals with the theme of the implementation of a common economic policy within the EU. The aim of the thesis is to analyze the current situation and subsequently appraise whether it is a good option for the EU to move towards a common economic policy. The work is divided into three chapters, the first chapter covers the most important historical events during the modern integration in Europe. The second chapter discusses the issue of the Economic and Monetary Union and also explains the fact that there is no common economic policy within the EU. The last chapter is devoted to the characteristics of the current proposals and reforms which have been created in order to suppress the unfavorable economic conditions and to deepen integration of the economic policies of the EU member states.
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Should common economic policy be implemented in Eurozone?
Chlivényiová, Eva ; Čajka, Radek (advisor) ; Kalínská, Emílie (referee)
The aim of this thesis is to define issues related to the implementation of common economic policy in Eurozone and put it into context of wider economic and political coherency. The thesis is divided into six chapters, whereas first two chapters were dedicated to the beginning of integration process and to the later relationship of integration and globalization. Following chapter describes the principles of economic policy. Important part of this thesis is focused on financing of common European budget, taxes and minimum tax rate. Finally, there is description of actual point of view on Eurozone.
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