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Implementation of the euro in the Slovak Republic and its impact on entrepreneurial sector
Chlebcová, Simona ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
This Bachelor thesis provides us with information about the implementation of the euro in the Slovak Republic with stress on entrepreneurial non-financial sector. The first goal of the thesis is to gather up and consequently evaluate the theoretical findings connected with the stated topic. The second goal is to verify the theoretical findings based on information gathered from a group of respondents to an online questionnaire. The thesis is divided into four chapters. The first chapter is focused on the legislature preparation and the fulfillment of the Maastricht convergence criteria. The rest of the thesis deals with the entrepreneurial sector. The purpose of the second chapter is to classify the entrepreneurial sector and analyse the entrepreneurial environment via international institutions and indexes. Responsibilities of entrepreneurial subjects connected with implementation of the euro are also included in the second chapter. The third chapter examines the impacts of the euro on the entrepreneurial sector by comparing estimations from the period in which Slovak crown was used as the national currency with figures after 2009. The last and practical oriented chapter is based on my own research.
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Analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency.
Klumparová, Adéla ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
This Bachelor's thesis " Analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency " examines with the accession of the Czech Republic to the euro area. In the first chapter the reader is familiar with the historical development of European monetary integration. This part is followed by The integration of the Czech Republic to this monetary Union and its commitment to adopt the euro as enshrined in the Maastricht Treaty in the second charter. The third chapter is focused on the nominal convergence criteria and on the achieved degree of their fulfilment by the Czech Republic. The next part of the thesis contains comprehensive analysis of the State of preparedness of the Czech republic for the adoption of the unified European currency. This state is evaluated in terms of the structural similarities and economic synchronisation of the Czech economy with the economy of the eurozone, and also in terms of the ability of the economy to a the effects of asymmetric shocks arising after the Czech Republic's entry into the Monetary Union. This chapter is focused on the evaluation of the cyclical and structural harmonisation of the Czech Republic with the countries of the euro area and on the existence and function of the adjustment mechanisms. Attention is focused also on the positives and negatives arising from the accession of the Czech republic to the euro area, which are demonstrated on the example of the Slovak Republic.
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Analysis of ready state of the Czech Republic to adopt single European currency
Baštová, Lucie ; Čajka, Radek (advisor) ; Bolotov, Ilya (referee)
The Bachelor's theses "Analysis of ready state of the Czech Republic to adopt single European currency" is dedicated to the Czech Republic's accession to the euro area. In its first chapter, the reader will become familiar with the commitment of the Czech Republic to adopt single European currency which is legally embedded in the Maastricht Treaty. The next part is focused on the fulfilment of the nominal convergence criteria by the Czech Republic. The third chapter analyzes the readiness of the Czech Republic for euro area accession through an evaluation of the cyclic and structural alignment with the euro area. This chapter also describes mechanisms whereupon the Czech Republic would be able to adapt to the euro area countries in the event of the occurrence of asymmetric shocks. The last chapter refers to a strategy that has been created for the purpose of euro adoption in the Czech Republic, to the benefits and risks which can result from this step and to the institutional provision for the single European currency changeover. In conclusion, the attitude of experts on the readiness of the Czech Republic for the euro adoption is summarized and on the possible prospects for accession to euro area.
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Advantages and disadvantages of adopting the Euro currency in the Czech Republic from the perspective of various actors
Čermák, Jiří ; Taušer, Josef (advisor) ; Černá, Iveta (referee)
This bachelor thesis deals with problems of the introduction of the euro in the Czech Republic. It gives the reader an overview of positive and negative aspects on acceptance of the common European currency. Advantages and disadvantages are divided into several groups according to specific economic entities. The thesis also points to the opinion of some important institutions. Another chapter discusses the suitable duration of adoption of the euro. The practical part of the bachelor thesis presents the results from the adoption of the euro in Slovakia and at the same time compares the period before and after the adoption. The conclusion assesses the overall effectiveness of adopting the euro.
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The Analysis of an Admission of the Czech Republic in to the European Monetary Union
Krebsová, Michaela ; Skopeček, Jan (advisor) ; Hudík, Marek (referee)
The aim of this bachelor thesis is to analyse readiness of the Czech Republic for euro adoption. First part presents historical overview of OCA theory, especially Mundell's labour market flexibility and the OCA index. Furthermore, assumptions are provided for an analysis of labour market flexibility on the basis of different empirical studies. Additionally theory of real convergence is introduced. This theoretical framework, introduced in the preliminary part of this work, presents fundamentals for further analysis. The latter analysis focus on labour market flexibility, structural resemblance of economies, real convergence and the OCA index. On the basis of results obtained, evaluation about benefits and cost of euro adoption is provided and consequently conclusions about euro adoption are deduced.
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