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France and the reform of the eurozone - from Sarkozy to Hollande
Juhás, Tomáš ; Šlosarčík, Ivo (advisor) ; Bauer, Paul (referee)
Bibliografický záznam JUHÁS, Tomáš. France and the reform of the eurozone - from Sarkozy to Hollande. Praha, 2015. 68 s. Diplomová práce (Mgr.) Univerzita Karlova, Fakulta sociálních věd, Institut mezinárodních studií. Katedra západoevropských studií. Vedoucí diplomové práce Doc. JUDr. PhDr. Ivo Šlosarčík, LL.M., Ph.D. Abstract The thesis seeks to map and explain the change of mind of President François Hollande with regard to the overall austerity in the eurozone. In early 2012, the President-to-be Hollande campaigned on a wave of desire for change and his campaign promises and election program promised a radically new approach towards economic and fiscal policies in the eurozone once he became president. The most explicit manifestation of this change should have been the renegotiation of the fiscal compact, formally the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. However, once in office, the new socialist president made very little to change the overall course of austerity at home and in the euro area. To explain this unexpected outcome, the thesis employs the sociological-political concept of the field of Eurocracy, derived from the sociology of Pierre Bourdieu and developed in the French academia by Didier Georgakakis and Jay Rowell. In such context, President...
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Examining Governmentality of the Fiscal Compact
Fukatsch, Pavol ; Ditrych, Ondřej (advisor) ; Karlas, Jan (referee)
Sovereign debt crisis is a major event in the history of European monetary and fiscal integration. On the one hand, the crisis has shown weak points of monetary and fiscal governance, but on the other it has proven to lead to more integration in this sector. One of the solutions which led to more integration and was meant to prevent another crisis is the Fiscal Compact. The goal of the Fiscal Compact was to update the "rules of the game" to better fit the reality of post-crisis Eurozone. Crises can unfold and uncover governmentality patterns; the goal of the diploma thesis is to reconstruct these patterns using Foucaldian governmentality conceptual toolbox. The thesis will use the concept of political technologies and techniques to interrogate speech by Mario Draghi that he delivered at the Ludwig Erhard lecture in 2011. Following the identification of political techniques and technologies reflecting ordoliberalism, the thesis will continue with an analysis of microsites of fiscal councils. The goal of the analysis of microsites is to trace the operation of governmentality in the fiscal domain. The overreaching goal of the analysis is to problematize a view, postulating that the solution to the sovereign debt crisis reflects sovereign power.
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France and the reform of the eurozone - from Sarkozy to Hollande
Juhás, Tomáš ; Šlosarčík, Ivo (advisor) ; Bauer, Paul (referee)
Bibliografický záznam JUHÁS, Tomáš. France and the reform of the eurozone - from Sarkozy to Hollande. Praha, 2015. 68 s. Diplomová práce (Mgr.) Univerzita Karlova, Fakulta sociálních věd, Institut mezinárodních studií. Katedra západoevropských studií. Vedoucí diplomové práce Doc. JUDr. PhDr. Ivo Šlosarčík, LL.M., Ph.D. Abstract The thesis seeks to map and explain the change of mind of President François Hollande with regard to the overall austerity in the eurozone. In early 2012, the President-to-be Hollande campaigned on a wave of desire for change and his campaign promises and election program promised a radically new approach towards economic and fiscal policies in the eurozone once he became president. The most explicit manifestation of this change should have been the renegotiation of the fiscal compact, formally the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. However, once in office, the new socialist president made very little to change the overall course of austerity at home and in the euro area. To explain this unexpected outcome, the thesis employs the sociological-political concept of the field of Eurocracy, derived from the sociology of Pierre Bourdieu and developed in the French academia by Didier Georgakakis and Jay Rowell. In such context, President...
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Comparation analisys of the Visegrad groups states development of the public sector debt from 2004 to 2014
Vyčítal, David ; Ševčíková, Michaela (advisor) ; Klement, Josef (referee)
This work focuses on the analysis and comparison of the Visegrad groups states development of the public sector debt from 2004 to 2014. The subject of the theoretical part is the public debt which includes the public budget, deficit and public revenue and expenditure. The theoretical part further explains stability evaluation connected with credit rating, the Maastricht criteria and the Fiscal compact. The work concludes that the largest problem with economies of the Visegrad group has Hungary. The data is based on the significant impact on public debt have public deficits that arise due to mismanagement. The essential problem, namely Hungary, is the low stability of the economy, which significantly responds to global economic problems.
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The analysis of the cyclically adjusted budget balance
Mareš, Michal ; Bisová, Sára (advisor) ; Kadeřábková, Božena (referee)
The thesis analyzes the cyclically adjusted budget balance on the data of the Czech Republic between 2004 and 2014. There is a big demand to consolidate public finances and the aim of this study is to assess whether this appropriate indicator is convenient to achieve the fiscal responsibility of individual countries. At first, the CAB is estimated by using the method of the European Commission, it is called a production approach on the basis of Article Denis, Morrow, Roger (2002). The work is also based on the article written by Bezděk, Dyczak , Krejdl (2003), which compares the OECD method with the ESCB method. Afterwards the calculation is performed by a modified procedure, using the Hodrick-Prescott filter instead of the production function to estimate potential output. The analysis shows the complexity of the estimation of the parameter which is given by great demands on the input data and arbitrariness. The CAB is discussed not only methodologically but also in its practical use in the context of the economic situation in Europe.
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