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Overview of Foreign Aid in the Balkan Countries: Selected problems
Mullaj, Genta ; Baxa, Jaromír (advisor) ; Chytilová, Julie (referee)
This study attempts to ascertain the role of the World Bank and its problematical issues in Balkan countries. The foreign aid holds a key impact in these economies, but on the other hand it embraces a controversial aspect. The contradictory role of the World Bank lies in aid ineffectiveness at reducing poverty and sustaining economic growth. The foreign aid inflows did not manage to fulfill its objectives efficiently, since they created income inequalities in the region favoring distinctive economies. Corruption and bad-governmental management would expand the controversially further. Additionally, the study analyzes the impact of aid on economic growth empirically using a panel data set comprising of five Balkan economies during 2000-2010 period. We find negative and significant evidence of aid impact on growth. Moreover, the relation between governance and growth resulted positive. Results display a clear framework of aid ineffectively across the region. The Balkan countries should therefore focus on a better effective management of the World Bank aid to reduce poverty, income inequality and to achieve the economic growth.
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Growing power of developing countries and its influence on decision-making in the World Bank
Halamka, Radek ; Parízek, Michal (advisor) ; Kučerová, Irah (referee)
World Bank had worked under nearly the same structure and the same distribution of voting weights since its establishment. The settings reflecting the post-war situation has been criticized more and more lately as not corresponding with the present circumstances. Ineffectiveness, irrelevance and illegitimacy were enumerated as main deficiencies. Voice Reform, which was conducted in 2008 and 2010, should have brought a solution to the problems by more involvement of developing countries in decision-making in the World Bank. This thesis studies the approved changes in voting weights using power indices and analysis of financial flows. The results of both the approaches show that the revolutionary ethos remained in the Reform text and no large changes would likely happen. The only exception may be an increase of China, however, the United States would maintain its dominant position. Keywords World Bank, voting power, voting weights, Voice Reform, power index, Banzhaf, Coleman, financial flows Number of Characters: 72 329
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The influence of Dayton Peace Agreement on the ethnicity of Bosnia and Herzegovina after the civil war in 1990s
Kurtovič, Vedad ; Dubský, Zbyněk (advisor) ; Veselý, Zdeněk (referee)
The main topic of this Bachelor thesis is political and economical development in Bosnia and Herzegovina (BiH) after the Dayton Peace Agreement (DPA) was implemented. The primary aim of the thesis is to find an answer to the research question, whether DPA helped tighted the cooperation between ethnical groups (or nations), which initially drove the country into a bloody civil war. The analysis of BiH political parties programmes and fullfillment of strategies and plans of international organizations on a state level as well as macroeconomical indicators (unemployment, GDP), private foreign investments are the way to achieve so. It is apparent from the conclusion that it is not possible to implement a political system from western Europe into a western Balkan country without the latter democratically voting for it, did not go through historical or constitutional development with its political elites pursuing only regional interests.
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World Bank priorities during the slowdown in economic growth
Hrabar, Vasyl-Mykola ; Jiránková, Martina (advisor) ; Hasík, Gabriel (referee)
The paper examines the impact of slowed economic growth on the World Bank's priorities in the energy sector. As sub-Saharan Africa is a critical area for the sector, the work will explore the development of the World Bank's approaches and policies for energy in this part of the world. The first chapter deals with the World Bank Group and the economic conditions in which the World Bank must carry out its mission. The second chapter identifies the World Bank's priorities in the electricity sector in Africa in the transformation of economic conditions.
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COMPARISON OF MORTALITY STRUCTURE BY AGE IN THE REGIONS OF THE WORLD HEALTH ORGANIZATION
Sabó, Martin ; Pavlík, Zdeněk (advisor) ; Pachlová, Tereza (referee)
The presented diploma thesis deals with the comparison of mortality structure by age and includes 194 member countries of the World Health Organization. The aim of the thesis is to confront mortality development in these countries with the help of individual mortality characteristics. At the beginning of this thesis are defined demographic terms and indicators, data sources and calculation methodology. The databases of the World Health Organization and the World Bank were used as the main source of data and all countries were divided into six world regions. The second chapter is devoted to selected types of mortality, namely neonatal and infant, under-five mortality, maternal mortality and adult mortality. After that, the work focuses on life expectancy of 0 and 60 years of age divided per sex. The last chapter is devoted to the optimum retirement age in selected countries. Conclusion connects of the all above well, and we can find there comprehensive information about difference of mortality practically all over the world.
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Overview of Foreign Aid in the Balkan Countries: Selected problems
Mullaj, Genta ; Baxa, Jaromír (advisor) ; Chytilová, Julie (referee)
This study attempts to ascertain the role of the World Bank and its problematical issues in Balkan countries. The foreign aid holds a key impact in these economies, but on the other hand it embraces a controversial aspect. The contradictory role of the World Bank lies in aid ineffectiveness at reducing poverty and sustaining economic growth. The foreign aid inflows did not manage to fulfill its objectives efficiently, since they created income inequalities in the region favoring distinctive economies. Corruption and bad-governmental management would expand the controversially further. Additionally, the study analyzes the impact of aid on economic growth empirically using a panel data set comprising of five Balkan economies during 2000-2010 period. We find negative and significant evidence of aid impact on growth. Moreover, the relation between governance and growth resulted positive. Results display a clear framework of aid ineffectively across the region. The Balkan countries should therefore focus on a better effective management of the World Bank aid to reduce poverty, income inequality and to achieve the economic growth.
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Growing power of developing countries and its influence on decision-making in the World Bank
Halamka, Radek ; Parízek, Michal (advisor) ; Kučerová, Irah (referee)
World Bank had worked under nearly the same structure and the same distribution of voting weights since its establishment. The settings reflecting the post-war situation has been criticized more and more lately as not corresponding with the present circumstances. Ineffectiveness, irrelevance and illegitimacy were enumerated as main deficiencies. Voice Reform, which was conducted in 2008 and 2010, should have brought a solution to the problems by more involvement of developing countries in decision-making in the World Bank. This thesis studies the approved changes in voting weights using power indices and analysis of financial flows. The results of both the approaches show that the revolutionary ethos remained in the Reform text and no large changes would likely happen. The only exception may be an increase of China, however, the United States would maintain its dominant position. Keywords World Bank, voting power, voting weights, Voice Reform, power index, Banzhaf, Coleman, financial flows Number of Characters: 72 329
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Democratic Legitimacy of Global Economic Institutions (World Bank, IMF, WTO)
Krajník, Jan ; Parízek, Michal (advisor) ; Romancov, Michael (referee)
This paper addresses democratic legitimacy of the global economic institutions - The International Monetary Fund, The World Bank and The World Trade Organization. Considering formal aspects one of the main differences among them is the way of decision making. The WTO voting is based on country one, one vote principle whereas the IMF and the Bank represents weighted voting derived from the economic power. It is generally considered, that the egalitarian principle of the WTO is more democratic and brings better legitimacy. There are used three models of democracy to conceptualize what is meant by democracy a how is legitimacy gained. These are classical Athens democracy, Schumpeter's model competition of elites and modern concept of cosmopolitan democracy. With growing importance of these international organizations dealing with issues of monetary stability, economic development and international trade it is necessary to focus on them from the perspective of an individual citizen. For this reason, the Banzhaf index of power for each country related to its population is used to measure influence of individual citizen in these organizations. And from this perspective the WTO voting yields bigger disparities among citizens of different countries. Nevertheless different types of voting are not the key...
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Podnikání na světových trzích: porovnávací studie
Ghazanfar, Anmol ; Bolotov, Ilya (advisor) ; Cook, Gina (referee)
The main aim of this bachelor thesis is to make the reader aware of the history, culture, and economy of the three countries: Russia, China, and Saudi Arabia. The thesis is divided into three parts, dedicated to the topics mentioned above. There is a conclusion presented at the end of each chapter that explains and compares the three countries. Before entering a foreign market, one must learn and become aware of these three main areas, as it (the knowledge) can be used as a helpful and informative aid when doing business in these countries that have a very high potential, interesting history, complex culture, and economy.
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