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The Economic Importance of Splitting the European Monetary Union
Peľak, Branislav ; Žamberský, Pavel (advisor) ; Neumann, Pavel (referee)
From recent research on optimum currency areas it is clear that the European Monetary Union does not represent an optimum currency area. Since 2008 the countries of southern part of the eurozone have found themselves in a financial, economic and debt crisis. Therefore a question about the economic importance of splitting the European Monetary Union arises. The aim of this thesis is to give answer to the question of how to divide the eurozone so that the newly formed monetary unions could be considered optimum currency unions, alternatively, so that the newly formed monetary unions are more optimal than currently the eurozone is. Using the method of analysis and synthesis we have reached a decision to divide the eurozone into two parts. One part comprising the southern countries -- Portugal, Spain, Italy, Greece, Malta and Cyprus and the other part comprising the rest of the eurozone.
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Process of Euro adoption in the Czech Republic
Syblíková, Martina ; Votava, Libor (advisor) ; Syrovátka, Oldřich (referee)
The main aim of this bachelor thesis is describe the process of Euro adoption in the Czech Republic. This work will focus on the European Economic and Monetary Union, on the Eurozone, on preparation of the Czech Republic for Euro adoption and on the fulfilment of the Maastricht criteria. I will make the comparison of the Czech Republic and Slovakia on the basis on the Maastricht criteria. At the conclusion there will make an analysis whether the Czech Republic is able to adopt the Euro.
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The economic situation of PIIGS countries before and after accepting the Euro
Schneiderová, Jana ; Štěrbová, Ludmila (advisor) ; Čajka, Radek (referee)
The thesis deals with the economic situation of PIIGS countries - Portugal, Ireland, Italy, Greece and Spain, from 1996 up to the present. The first chapter defines the process of economic monetary integration up to the current economic crisis. On the basis of macroenomic analysis the thesis endeavours to find basic causes of current problems in PIIGS countries and to define an occurence of imbalances and varience among these states and other members of the Eurozone. In the conclusion we can find a comparison of PIIGS countries, an evaluation of their development before and after adopting the Euro and an influence of inflation, exchange rate and other economic factors on inception of divergences within the EMU.
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