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Political geography of monetary unions
Čechová, Barbora ; Riegl, Martin (advisor) ; Kofroň, Jan (referee)
The aim of this work is to introduce a coherent summary of monetary unions in the world and subsequently to present research of their current economic and political situations. In addition, the question of viability of present and potential monetary unions is also examined. The work also focuses on the geographical aspects of these problems. The comparative method and the method of conformity and difference were used for the research. In the research were found different magnitudes of proportions of various criteria between single members of the monetary unions. Selection of them was inspired by Mundell's A Theory of Optimum Currency Areas and by the methodology of Fragile States Index. Three economic and three political indicators were analysed and afterwards the monetary unions were evaluated as member states and whole monetary unions from a geographical perspective. We discovered from our research that between all of the selected African monetary unions, there exist relatively big differences in political criteria for single member states. Smaller differences were found between the member states of the fourth selected monetary union, that is, East Caribbean Currency Union. The differences were smaller in the economic domain. It was discovered on the basis of evaluation of the countries with the...
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Political geography of monetary unions
Čechová, Barbora ; Riegl, Martin (advisor) ; Kofroň, Jan (referee)
In today's present world we can find five currency unions worldwide with many of the currency unions ending in the past, we can talk about few of them as about de facto currency unions, but primarily there are plans for the future with projects for establishment of new currency unions. These tendencies have recently displayed especially in Africa, where states strive to improve the situation of both the whole country and its inhabitants. It concerns not only political and economical questions, but also the social and geographical ones. And precisely these criteria can tell us more about the facts, whether there are real chances for the new currency unions to be functional in the future. The problem of viability of the currency unions is not just a problem of the future ones, but it equally concerns the present currency unions. Political, economical, social and also geographical criteria can provide a rough concept about the actual situation of individual member states in the thing of how big are the differences in the whole union and also about the possible situation in the future. Especially in Africa where we can see many social problems, a high percentage of the population live below the poverty line, their life conditions are dismal and for the situation is deteriorating that the threat of new...
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