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The Impact of Foreign Investment on the Economic Development of Selected Countries in the CEE Region
Polívka, Martin ; Černá, Iveta (advisor) ; Kalínská, Emílie (referee)
The thesis examines the impact of incoming foreign direct investment on the economy of the Czech Republic, Slovakia, Hungary and Poland between 1993 and 2007 through the prism of three macroeconomic indicators: the gross domestic product, the rate of unemployment and exports. The thesis is structured into four chapters. In the first chapter, the term FDI is defined and categorized. The second chapter describes thoroughly direct and indirect impacts of FDI on the GDP, the rate of unemployment and exports of the host economy. The third chapter offers an analysis of FDI flowing into the Central Eastern European region and the four countries in question after 1989. A special emphasis is put on economic policy towards FDI, the sectors and regions which attracted it the most. The fourth chapter examines the impact of FDI on the above-mentioned three macroeconomic indicators in the Czech Republic, Slovakia, Hungary and Poland using a simple linear regression. The chapter closes with a few thoughts on the impacts of FDI in the long-run, especially taking into account the sectors foreign investors preferred the most in CEE.
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Business cycle in Slovakia 1993-2009
Lipka, Vladimír ; Czesaný, Slavoj (advisor) ; Halás, Vladimír (referee)
The thesis deals with monitoring and analysis of the economic cycle in Slovakia between 1993 - 2009. Its aim was to assess the impact of fiscal and monetary policies on the economic cycle. Both policies should cooperate with each other and create a favorable environment for economic development. The goal of the monetary policy should be securing currency stability. The fiscal policy should aim for stable development in public finance. The thesis consists of five parts, which intersect each other. The first part explains the theoretical foundations of the economic cycles. It is followed by a chapter, in which different Slovak economy phases of the economic cycle are analyzed, with the help of indicators of internal and external balance, demand and supply side of GDP and indicators of monetary conditions. Work also includes an assessment of Slovakia's entry into the EMU in terms of revenues and expenses. This part is also focused on the process of nominal and real convergence of the Slovak economy before adopting Euro. The penultimate part of this thesis deals with a comparison of business cycles of V4 countries. The conclusion is focused on forecasting the economic development of the Slovak economy in 2011.
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Analysis of gross domestic product of the Czech Republic
Matela, Michal ; Pavelka, Tomáš (advisor) ; Sirůček, Pavel (referee)
The aim of this thesis is to analyze the evolution of the total gross domestic product of the Czech Republic from 2004 to 2009. This is the planting of GDP in the broader macroeconomic context. The work is divided into two parts, theoretical and practical. The theoretical part aims to acquaint the reader closer to the macroeconomic analysis, gross domestic product with its definition, the basic concepts necessary to understand the whole issue and the practical part of the real factors influencing its evolution.
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The Impact of Terrorism on the U.S. Economy
Kupsová, Petra ; Neumann, Pavel (advisor) ; Antal, Jarolím (referee)
This bachelor paper evaluates the impact of terrorism on the U.S. economy. In the theoretical part the term terrorism is explained as well as its possible implications. In the next part different types of counter-terrorist measures are characterized together with their costs. In the practical part immediate damage caused by the terrorist attacks of September 11th 2001 is evaluated as well as the general macroeconomic consequences of terrorist attacks. Specific costs are demonstrated on the example of U.S.A.
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What is better than GDP for measuring business cycles?
Hnilica, Petr ; Svoboda, Miroslav (advisor) ; Jaklín, Jiří (referee)
This paper has the objective to examine the aggregates which would describe the economic activity during business cycles better than does GDP. GDP counts only final goods. GDP doesn't express the structure of production. GDP also does not cover changes in the prices of property which is during business cycle very affected. But paper doesn't give a clear answer. It rather explains problems and offers several options, because the right choice depends on the ability to obtain quality data. It presents Gross National Output by Mark Skousen and Gross National Produduct by George Reisman. They are focusing on the intermediates. In paper are presented new aggregates. Change in Wealth and Consumption which takes into account the wealth of the national accounts and The Aggregate of Divine Eye which is the sum of all transactions.
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Expenditure Approach to GDP of Czech republic
Hroch, Jan ; Pavelka, Tomáš (advisor) ; Bican, Vítězslav (referee)
The main subject of bachelor's thesis called "Expenditure Approach to GDP of Czech republic" is analysis of gross domestic product in the Czech republic in years 2001-2010 using the expenditure approach. In the theorethical part is defition of gross domestic product, followed by description of the expenditure approach method and its components and other fundamental terms which are necessary to understand the topic including national accounts. The aim of the analytical part is to analyse GDP of Czech republic in years using the expenditure approach in years 2001-2010 and to examine pre-determined hypotheses.
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The comparison of the development of gross domestic product in the European Union.
Vápeník, Jan ; Pavelka, Tomáš (advisor) ; Sirůček, Pavel (referee)
The essential theme of the bachelor thesis is the issue of gross domestic product. The first objective of the thesis is to compare the development of gross domestic product in the European Union in the years from 2005 to 2010. It also pays attention to the development of gross domestic product in the Member States that are most different from the average development in the European Union. The second objective of the thesis is to analyze the gross domestic product in accordance with the manufacturing method, thus in gross value added by particular sectors. Emphasis is put both on comparing each economic sector among Member States of European Union and also on comparison of the development of each economic sector in the period before and during the economic and financial crisis from 2007 to 2010. The result of the bachelor thesis is the designation of the years with the highest or lowest gross domestic product and also the assessment of Member States on witch the economic crisis had the biggest effect.
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Expenditures Approach to Measurig GDP in the Czech Republic
Kalousek, Michal ; Pavelka, Tomáš (advisor) ; Čadík, Jindřich (referee)
The aim of the Bachelor's thesis is to analyse Gross Domestic Product (GDP) by the expenditure approach since accession to the European Union in 2004 up to the present day. The analysis focuses on real GDP growth and contribution of final demand components to that growth as well as sectoral contributions to gross value added. The thesis also contains estimation of GDP growth in 2011 based on predictions made by the Czech National Bank, the Ministry of Finance and the Ministry of Labour and Social Affairs. The analysis uses data provided by the Czech Statistical Office, which are in constant prices of 2000, seasonally adjusted and after the correction of a different number of working days in individual periods.
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