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Global Economic Outlook - August 2017
Česká národní banka
The August issue of Global Economic Outlook presents the regular monthly overview of recent and expected developments in selected territories, focusing on key economic variables: inflation, GDP growth, leading indicators, interest rates, exchange rates and commodity prices. In this issue, we continue our summer mini-series on the economic impacts of Brexit on the United Kingdom. In the July issue, we focused on the short-term effects, whereas this issue summarises the conclusions of the most important studies analysing Brexit from the longer-term perspective. These studies concur that the UK economy will lose out by leaving the EU, a prediction that is gradually being confirmed by actual economic developments. However, it is still difficult to estimate the real extent of the economic impacts of Brexit, as it will depend primarily on the terms negotiated between the UK and the EU. In our analysis, we therefore present the main possible scenarios quantifying how much the UK will pay for Brexit in terms of loss of GDP.
Fulltext:  PDF; PDF
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Economic and political development of Great Britain during Harold Macmillan's government (1957-1963)
Myšák, Lukáš ; Soukup, Jaromír (advisor) ; Kovář, Martin (referee)
My master's thesis focuses on analysis of political and economic development of Great Britain in 1957 -- 1964 period, when the Conservative Party was in charge, led firstly by H. Macmillan and then A. Home. After Macmillan gained the post of Prime minister, due to the Suez crisis, I present an analysis of British domestic economy, whose good condition led to conservative election victory of 1959. Then I analyze the shift of British government towards decolonization of Africa and also the British decision to join ECC (predeceased with EFTA agreement). Furthermore, there is an analysis of reasons behind H. Macmillan's resignation, which were mainly of medical character. Third part of my work is considering the Home government, his position as the Prime minister and development of British economy during early 1960's. Thesis is concluded by analysis of 1964's election, where the Labour Party achieved slim victory over the Conservative Party, and therefore was able to form a government.
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