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Hyperinflace v Jugoslávii na začátku 90. let
Radovanovic, Irena
This bachelor thesis is focused on a thorough analysis of the hyperinflation that affected Yugoslavia in the early 1990s. The main aim is to identify the causes and consequences of the hyperinflation. The introductory chapter describes the events in the Socialist Federal Republic of Yugoslavia, as well as the specifics of the economic policy at that time. The second part is devoted to the very course of the hyperinflation, including the war in Croatia, and the sanctions that the United Nations imposed on Yugoslavia. The following part of the thesis is focused on the comparison of the current hyperinflation in Venezuela with the hyperinflation in the former Yugoslavia using the macroeconomic aggregates. The final part is devoted to the current situation in Serbia. Recommendations for the government and the central bank regarding the economic policy have also been established and their main aim is to mitigate the risk of hyperinflation in the future.
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Analysis of the impact of Chavismo policies on economic and social development in Venezuela from 1999 to 2016
Korejs, Marek ; Tóth, Andrej (advisor) ; Tajovský, Ladislav (referee)
The aim of this thesis is to analyze the role of the chavista economic and social policies within economic and social development of Venezuela between 1999 and 2016. This thesis offers a comprehensive view of the economic performance during the tested period with major external and internal factors in mind. It uses the methods of analysis, description and comparison. The initial objective is to describe and analyze the circumstances which inevitably led to the election of Hugo Chavez and the Chavismo being accepted by the majority of people. Following with analysis of particular monetary and fiscal policies with special focus on the Exchange rate policy, redistribution policy and expropriations of parts of the private sector. The analysis has proved the economic policies of Chavismo to be ineffective, eventually leading to hyperinflation and causing Venezuela to undergo the worst economic and social crisis in its history.
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Socio and Economic impacts of Hyperinflation on the Economy of the Weimar Republic
Labuda, Filip ; Fabianková, Klára (advisor) ; Johnson, Zdenka (referee)
In my bachelor thesis I am focusing on the socio and economic impacts of hyperinflation on the economy of the Weimar Republic. In first chapters I am dealing with the analysis of long-term and short-term causes which led to hyperinflation. I am also taking into account German economic theory, manner of financing of the war in Germany and furthermore I am concentrating on the question of war indemnities and crisis in the Ruhr area. In the followingchapters I am dealing with the progress of hyperinflation and her economic, social and also political impacts. My aim is to confirm the hypothesis, in which I argue that hyperinflation had negative impact on economic and social situation inside the Weimar Republic. Thesis contributes to provide view of impacts of hyperinflation on German society in the year.
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The Hyperinflation in the Weimar Republic in the Selected Memoir Literature
Beranová, Marie ; Horčička, Václav (advisor) ; Valkoun, Jaroslav (referee)
The subject of this thesis is the period of hyperinflation in Germany, as is presented by selected German memoir literature. Attention is paid to essential moments in the development of the German state, on those that have proven key in the devaluation of the German currency. The thesis can be divided into four parts. In the first part, I present selected German memoir literature. The second chapter deals with the Versailles Peace Conference. In the third chapter, I analyze the occupation of the Ruhr region by Franco-Belgian forces and Germany's reaction, taking on the form of politics of passive resistance. The last chapter focuses on the introduction of Rentenmark notes, which made the stabilization of the German currency.
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Development of the Bolivian economy in the context of government policy and foreign trade
Dudzich, Viktar ; Šíma, Ondřej (advisor) ; Gevorgyan, Kristine (referee)
This thesis analyzes the development of the Bolivian economy during the presidency of Evo Morales and especially the effects of state legislative measures on different sectors of the economy in Bolivia. The influence of historical, political and social factors on the economic development of Bolivia is examined in this thesis. There are descriptions of the industrial and financial sectors, foreign trade, state social policy, key risks and forecasts about the development of the Bolivian economy. Emphasis is also placed on the interconnections between politics, economy and social sphere.
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Causes, Impacts and Solutions of Hyperinflation in World
Röschelová, Karolína ; Stará, Dana (advisor) ; Burian, Stanislav (referee)
The aim of this Bachelor thesis is to compare causes, impacts and solutions of hyperinflation in the world. Hyperinflation is the one of three types of inflation which is characterized by a three or more-digit number. This situation affected many countries all over the world, but the thesis focuses on 4 worst cases in history. First, it explains theoretical background of mechanisms of hyperinflation and lists all countries hit by hyperinflation. Then, it analyses the 4 worst cases in history, including at the first place Hungary, then Zimbabwe, Yugoslavia and Germany. In the practical part of the thesis,
I clearly illustrated the division of causes of hyperinflations to political and war, and summarized the most important and interesting facts concerning world hyperinflations. To conclude, I made the final evaluation.
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Macroeconomic View of Development and Current Condition of Economy of Zimbabwe
Hornofová, Petra ; Stará, Dana (advisor)
Zimbabwe's independence was declared in 1980. At that time local government took over a very prosperous economy which had almost no competition on the African continent. Zimbabwean President Robert Mugabe who is in office since the establishment of the state until now and is known for his controversial decisions brought the local economy into a recession. This economic decline has had a great impact on the population and it has escalated in a humanitarian crisis. Hyperinflationary episode in Zimbabwe has brought with itself a very high rate of unemployment and the large depreciation of the local currency, which is not already in use. Zimbabwean Dollar was replaced by other currencies like US dollar or the South African rand. To understand this issue it is necessary to analyze the possible causes of the hyperinflation that were originated mainly in the local government system. Currently in Zimbabwe is continuing several various government programs to stabilize and refresh its economy. In case of keeping current relative political stability has Zimbabwe's economy chance to to return itself slowly into original state of prosperity.
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Financing of german economy in first world war and its influence on post-war economy
Skálová, Ivona ; Fabianková, Klára (advisor) ; Johnson, Zdenka (referee)
In my thesis I am dealing with German monetary policy from 1871 to the 1923. The two main chapters analyze German monetary and fiscal policies and their impact on post-war situation in the country. The third chapter refers to events in the Weimar Republic to the outbreak of hyperinflation. In this thesis I evaluate the regulations and their impact on the state and its economy. My aim is to confirm the hypothesis, in which I argue that in Germany were made decisions that have an impact on its economic collapse and radicalization of society between the world wars already during the pre-war and wartime. I found that during the years 1871-1918 were introduced measures that in the long run lead to a weakening of the financial stability of the country. Thesis contributes to provide a comprehensive view of monetary policy, which led to one of the biggest hyperinflation in the history.
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Německá hyperinflace po první světové válce
Bujáček, Jakub
This work research the German hyperinflation, which culminated in the second half of year 1922 and in 1923. In the opening chapter describes some of the specifics of the German pre-war monetary and fiscal policy. But the main point that this work deal with, is the war economy and post-war situation. Identifies changes in the economy, which was in this period typical, and that could be a cause of hyperinflation. The aim of this work is to research the causes that were important and those, that were could be negligible for the further development. Period until the currency reform in 1923, could also serve as a warning to the current types of fiscal and monetary policies and to guarantee, that the situation of Germany hyperinflation will be not repeated.
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Gold standard and its potential for the next monetary system
Ďurša, Miroslav ; Žamberský, Pavel (advisor) ; Vondrušková, Barbora (referee)
The current monetary system with its exponentially growing debt and then deepening social problems especially in the Western world such as USA or Europe needs a change. The evidences of unsustainability and its coming end are actions of central banks particularly during recent years since the fall of Lehman Brothers. These banks, along with national governments pour at the expense of inflation into the economy a huge amount of new money through commercial banks in the economy further multiplied. Money supply created during recent months in its volume corresponds to the volume of money supply created in a few decades before today's economic crisis. As a long time before Christ in Athens or in Rome, today the government trying to cheat the gold by using FIAT money, but history shows that FIAT money always degenerate into hyperinflation and the only monetary system that works is the classical gold standard. Classical gold standard has enormous potential to become the next monetary system as millions of people will lose everything during the hyperinflation.
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