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Discourse Analysis of Representation of the Greek Crisis in Wall Street Journal
Ešnerová, Eva ; Šafařík, Petr (advisor) ; Kozák, Kryštof (referee)
This thesis analyzes media representation of Greek crisis in the Wall Street Journal at the time of parliamentary elections in Greece in June 2012. Using the method of critical discourse analysis the thesis characterizes the specific representation, while focusing on the representation of key actors, their relationships and the economic program called austerity. This thesis argues that the representation reflects the discourse of neoliberalism, it demonstrates that it legitimizes the austerity plan and it identifies the means of argumentation, on which the discourse draws.
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Discourse Analysis of Representation of the Greek Crisis in Wall Street Journal
Ešnerová, Eva ; Šafařík, Petr (advisor) ; Kozák, Kryštof (referee)
This thesis analyzes media representation of Greek crisis in the Wall Street Journal at the time of parliamentary elections in Greece in June 2012. Using the method of critical discourse analysis the thesis characterizes the specific representation, while focusing on the representation of key actors, their relationships and the economic program called austerity. This thesis argues that the representation reflects the discourse of neoliberalism, it demonstrates that it legitimizes the austerity plan and it identifies the means of argumentation, on which the discourse draws.
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When Austerity Didn’t Work: A Case Study of Greece
Stamatiadis, Andreas ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
The aim of this thesis is to evaluate the austerity measures implemented by Greece during the Eurozone sovereign debt crisis. After providing information on the structural deficiencies of the Greek economy and how they created the crisis and affect economic growth, this thesis provides academic literature and empirical research on the austerity effects on the Greek economy and the Greek people. Furthermore, it criticizes austerity and the fallacies of the IMF, while also debating the Keynesian and supply-side approaches. The results show that albeit remarkable achievements in fiscal consolidation, austerity caused an ongoing recession, while failing to tackle existing structural problems of the Greek economy and increasing regional inequalities and deterioration of the Greek peoples physical and mental health.
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Eurozone debt crisis
Kricner, Jakub ; Vostrovská, Zdenka (advisor) ; Ježek, Tomáš (referee)
European integration is a unique project, based on which, after centuries of war, Europe commenced economic and political cooperation. However, as it is shown particularly in recent years, European diversity, either in terms of language, cultural background or economic development, is so present, that what is beneficial for some Member States of the European Union, may not necessarily be beneficial for all Member States of the European Union. After less than 20 years since the establishment of the European Union, we are witnessing the convergence process, which is far from finished, nevertheless it already encountered problems that will be faced many more years. While the most developed and the richest Member States continuously contribute to the EU budget, the other Member States, especially in southern Europe, they are still in the position of recipients of financial help. The recent development shows that the process of catching up is not as fast as expected, but it is very expensive. The introduction of economic and monetary union, on such a large and diverse territory proves to be short-sighted, mainly due to the absence of sufficient coordination of the fiscal policies executed by each of the Member States.
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Greece and the Eurozone
Kuchta, Michal ; Potužák, Pavel (advisor) ; Chytilová, Helena (referee)
This thesis is a complex overview into the nature and causes of the Greek crisis. It inquires lost competitiveness in Greece and the role of the Eurozone in this process. It is a deep analysis covering wide range of issues regarding Greek crisis: creation of the Eurozone as an optimal currency area, Greek structural problems, Eurocage problem, and cheap credit boom resulting in overconsumption and welfare state creation. Moreover, it offers unorthodox explanation of the Greek crisis through the Austrian monetary business cycle theory. Final part discuss outcomes of this crisis and possible solutions. Its purpose is to offer complex information and knowledge about Greek crisis to both, professionals and noon-professionals. Its findings are that bad institutional set up of the Eurozone since its establishment is the main cause behind current crisis.
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THE INFLUENCE OF THE FRG ON CHANGES OF THE EUROPEAN INTEGRATION AFTER 2008 VIEWED BY CZECH PRESS
MÁTL, Jan
Federal Republic of Germany, as one of the key members of the European Union and the Eurozone, attracts the attention of media and politicians from around the world in the last years - especially in the context of the current economic crisis since 2008 - primarily in terms of the further development of EU, but also in terms of finding ways of solving to the crisis. In this bachelor work will be processed media image of policy of FRG (as one of the key players of European integration process) in major print media in Czech republic (Lidové noviny, Mladá fronta Dnes, Právo, Hospodářské noviny). This work is going to take into account the newspaper reporting and the journalism commentaries of these periodicals from the years 2008 ? 2012, mainly from a comparative perspective.
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Chování vybraných členských států EU v rámci dluhové krize (aplikace teorie her)
Novotný, Martin ; Dubský, Zbyněk (advisor) ; Sršeň, Radim (referee)
Thesis uses game theory to explain behavior of certain states in the European sovereign-debt crisis. The goal is to find out, if those states use strategies leading to equilibrium i.e. if they maximize their expected utility. Theoretical part is based mainly on repeated games and Bayesian game. Thesis summarizes development of European sovereign-debt crisis and key economic indicators. It constructs a game model of the crisis and further analyses situation of Germany, France, Italy, Spain and Greece as players in the game. The game model is then tested on key conflict situations such as relations of France and Germany, first Greek bailout negotiations or Spanish bank bailout negotiations. The results show that chosen states do maximize their expected utility in one election period. However maximization of utility in two or more election periods is limited by the parameters of democratic election system - length of election periods and information asymmetry between voters and politicians. The costs of elimination of information asymmetry would be higher than the costs of debt crisis. So even considering the costs of debt crisis the states are in long term equilibrium.
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