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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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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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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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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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Comparison of economic and political development of Botswana and Zimbabwe since the mid-20th century
Svoboda, Milan ; Pavlík, Petr (advisor) ; Sudliankou, Aliaksandr (referee)
The aim of this diploma thesis is to analyze the economic and political development of Botswana and Zimbabwe in the last 50 years. Emphasis is placed mainly on the contradictory development in both countries, as the previously flourishing economy of Zimbabwe almost collapsed in the last decade, while the once poor Botswana gradually became Africa's miracle and role model for the optimal development policy. This thesis also seeks to propose measures that would help the distressed Zimbabwean economy to overcome this crisis and return on the growth path once again.
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Postwar German inflation and its emergence to hyperinflation in 1923
Šmídová, Barbora ; Soběhart, Radek (advisor) ; Fabianková, Klára (referee)
The bachelor thesis focuses on postwar inflation in Germany and on how the inflation moved up to hyperinflation. In the first part I would like to analyze the period to the year of 1914. How the central bank of German Empire functioned and in what condition had public finance occured before the war. The other parts deal with the course of war and postwar period in Weimar republic to the year of 1923. I tried to clarify, which sources were used by german government to finance the war and what role played here the central bank. I also consider, what influence had the total sum of reparation payments on deepening the inflation in Germany, which were set by Treaty of Versailles. In conclusion, I will summarize the stabilizing effect of german currency.
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German hyperinflation after World War I., its development and causes
Růžička, Tomáš ; Kovář, Martin (advisor) ; Soukup, Jaromír (referee)
This thesis deals with German hyperinflation, which culminated in 1923. Some aspects of prior-war monetary and fiscal policy are mentioned in the introduction. The main subject of this thesis is focused on war economy and after-war period, identification of structural changes in the economy, which happened during this period, and it measures factors, which might directly or indirectly, caused inflations' origins. The goal of this thesis is analysis of impacts of governmental financial politics, analysis of influence of external factors and historical facts. German economy faced these historical facts and they subsequently influenced governmental politics during the whole period from the beginning of war till the end of hyperinflation and monetary reform in 1923. From the general view over the contemporary historical consequences and decisions of German government I am trying to identify direct and indirect causes of inflation and hyperinflation.
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After-war economic crisis in the Weimar republic and the Dawes plan
Sodomka, Jaroslav ; Stellner, František (advisor) ; Soběhart, Radek (referee)
The subject of this thesis is purposed to characterize both economic and political progress in Weimar republic since the end of World War I till the middle twenties. In this respect, it is a period when Germany, after several years of war struggle ending up as a defeated country, was raving in economic and internal political crisis and also had to face up a diplomatic isolation connected with tough peace conditions from Versailles. The main focus of this study is to analyze German economic depression contextualized with crucial historic events against background of then international diplomacy. Economic analysis is connected especially with explanation of huge hyperinflation, synchronous theoretic hypothesis that formed economic policy of German governments and their comparison with modern monetary economics. Being analyzed are not only causes of depression based in long-term debt funding of war, uncovered money emission and necessity of high reparation payments, but also the process and the way of its termination and overall consequences both political and socioeconomic. After abandonment of inflation episode follows solution of reparation payments adjustment which was necessary for future stabilization of Weimar Republic and final termination of German crisis. The way to stability was provided by London Conference and Dawes plan which are both analyzed in the last part of this thesis.
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