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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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The European Monetary Integration and the Czech Republic
Rosenberg, Jan ; Burgerová, Jiřina (advisor) ; Ježek, Tomáš (referee)
By accessing the EU the Czech Republic committed to joining the euro area and adopting the single European currency, the euro, after meeting certain criteria as required by the EU legislation. The main aim of my bachelor thesis is to analyse the integration process and readiness of the Czech Republic regarding the adoption of the single currency and the entry into the euro area. Starting with a brief history of the process of monetary integration into the EU from its initiation to forming the Economic and Monetary Union. The pivotal part of my paper focuses on the assessment of achieving the 'convergence criteria' (or 'Maastricht criteria') and the real economic convergence of the Czech Republic to the euro area. The next part of my paper concentrates on the technical and institutional preparations mainly with the National Coordination Group for Euro Introduction and its activities. The approved single-step change to euro is also mentioned. The cost/benefit analysis of the entry into the monetary union is being discussed in the conclusion of my paper.
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Slovakia: macroeconomic development in the context of accession to the euroarea
Repaská, Lucia ; Abrhám, Josef (advisor) ; Bič, Josef (referee)
The aim of the work is to evaluate the process of nominal and real convergence in Slovakia. Furthermore, the introduction is addressed the macroeconomic development since the beginning of the separate state and evaluates it in the context of the accession to the euroarea. After posttransformating stabilization Slovakia was unable to start the successful economic development. Thanks to the adoption of restrictive measures and several reform steps since 1998 Slovakia managed to achieve a gradual healthy economic growth and improvement of macroeconomic indicators, which culminated in 2008. However in the end of the year hit Slovakia the first sign of cooling due to global economic crisis and because of this fact the work offers a short view of the fortcomming uncertain future. Nominal convergence represents within the European union the Maastricht criteria, Slovakia fullfilled them in March 2008 with caution. The real convergence is evaluated in the light of the indicator of GDP per capita in purchasing power parity, which development has seen in recent years a remarkable increase in Slovakia. Adoption of the common european currency does not mean to meat the formal Maastricht criteria but also requires the adoption of the various substantive aspects, such as Slovakia National Plan for euro.
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Bude pro ČR přijetí eura skutečně výhodou?
Bálintová, Silvia ; Lukáš, Zdeněk (advisor) ; Žamberský, Pavel (referee)
ČR je členskou zemí EU od 1. května 2004. Z tohoto členství vyplývá závazek, že dříve nebo později vstoupí ČR do eurozóny. Termín přijetí eura však v ČR zůstává v současné době neznámý. Na jedné straně vznikají začleněním do eurozóny přínosy, na druhé straně náklady podmíněné plněním maastrichtských konvergenčních kritérií, a zároveň členstvím v eurozóně.
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The economy of Spain and its position in the European Union
Hlávková, Eva ; Jeníček, Vladimír (advisor) ; Jelínek, Jiří (referee)
The aim of the thesis is to assess the economy of Spain and its position in the European Union. The European integration processes significantly influenced the development of democracy in Spain as a member state of EU. The period after Franco regime would last undoubtedly much longer and it would grow less dynamically without these processes. The influence of EU affected not only the Spanish economy, but also the current position of Spanish monarchy in Europe and in the whole world. The thesis is structured in three main parts. To be able to assess the Spanish economy during its membership in the EU, it is essential to study the procedures of negotiations between the candidate country and the Community. That is the reason why the first part is engaged in the pre-entry phase. The second part examines in detail the development of the economy after the reintroduction of democracy in the country. It deals mainly with the macroeconomic tendencies, their causes together with consequences. The progress concerns the economic situation in Spain before the entry to the Community, in the second half of eighties, as well as during the nineties. The thesis does not forget to be engaged in the current situation in the new millennium and it also outlines the possible development in the following years. The last part is devoted to the position and the influence of Spain on the main integration directions in the European Union. The coherence and the extent of evaluation can be considered one of the benefits of this work. The thesis introduces the complex view of the Spanish economy since the entry to the EU. It also deals with possible following tendencies. The understanding of the development is facilitated by a large number of graphs and tables, which help to outline the essence of the topic.
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The preparation of the new EU Member States for entering the Eurozone
Bušová, Tereza ; Adámková, Vlasta (advisor)
This diploma thesis deals with the preparation of the two EU Member States, namely Czech Republic and Slovakia, for joining the euro area. The first part briefly describes the formation of the Economic and Monetary Union. The core part lies in the assessment and in the comparison of both states regarding the fulfillment of the criteria for adoption of the single currency. The detailed analysis is focused mostly on the nominal and the real convergence.
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Přijetí eura v České republice
Kučerová, Michaela ; Kollár, Miroslav (advisor) ; Fiala, Martin (referee)
Tato bakalářská práce se zabývá tématikou vstupu České republiky do Evropské měnové unie. Obsahuje krátký přehled vývoje teorie optimálních měnových oblastí se zaměřením na nejvýznamnější příspěvky k této teorii. Pozornost je také věnována výnosům a nákladům spojeným se vstupem do EMU. Dále se práce zabývá plněním konvergenčních kritérií Českou republikou. Důraz je však kladen na proces reálné konvergence ČR vůči eurozóně. V závěru se pokouší zhodnotit připravenost ČR na vstup do měnové unie a kdy by k tomuto kroku mělo dojít.
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Přistupení České republiky k Hospodářské a měnové unii
Kundrátová, Lucie ; Ježek, Tomáš (advisor) ; Čermák, Petr (referee)
Diplomová práce se zabývá problematikou přistoupení České republiky k EMU. Na začátku práce je krátce popsán vznik EMU. Jádrem práce je připravenost ekonomiky na přijetí společné měny, stupeň dosažené hospodářské konvergence k Evropské unii a porovnání s ostatními státy střední a východní Evropy. Na konci práce je naznačen vývoj konvergence Slovinska a Slovenska.
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Vstup ČR do eurozóny a kurzové konvergenční kriterium
Tůmová, Martina ; Helísek, Mojmír (advisor) ; Hazucha, Dušan (referee)
Práce se zabývá problematikou vstupu České republiky do eurozóny a mírou plnění kurzového konvergenčního kriteria. Je zde zmíněn historický vývoj měnové integrace, přínosy a náklady spojené s přijetím eura a předpoklady přistoupení k eurozóně. Pozornost textu je věnována charakteristice kurzového konvergenčního kriteria, mechanismu směnných kurzů ERM/ERM II a dosavadním zkušenostem s plněním kurzového konvergenčního kriteria ve státech eurozóny. Hlavní důraz práce je kladen na problematiku plnění kurzového kriteria v České republice. Pozornost je věnována komparaci vývoje směnného kurzu české koruny vůči euru a vybraných měn členských zemí EU a též prognóze budoucího vývoje.
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