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Economic Policy in the US in the Era of Ronald Reagan and its Impact
Horníková, Anna ; Pondělíček, Jiří (advisor) ; Sehnálková, Jana (referee)
The thesis, as suggested by its name Economic Policy in the U.S. in the era of Ronald Reagan and Its Impact, has as its primary goal the assessment of economic policy under president Ronald Reagan in the 1980s. During his two presidential terms, Reagan managed to completely alter the contemporary Keynesian approach to the economy, when he shifted the trend back to individual responsibility and free market. The thesis's mission is to prove that the so-called Reaganomics resulted in partial economic success in spheres such as lowering inflation and GDP growth, while, on the other hand, having negative impact in the sphere of the federal budget. The first chapter includes the introduction to Reagan's revolutionary economic ideology, particularly to the supply-side theory. The following chapter then examines the character and execution of individual reforms, so that the last chapter can successfully analyze its impact based on macroeconomic indicators.
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Impacts of President Reagan´s Economic and Political Conception on the US Economy Development
Pavlov, Adam ; Šlajs, Jan (advisor) ; Bednář, Milan (referee)
The purpose of my bachelor thesis is to prove, that supply-side theory and policy conducted by Ronald Reagan during 1980´s provided good economic results, while creating conditions for healthy economic growth and helped to secure the positon of the United State of America on international political area. In the theoretical section I deal with putting the situation of United State of America in to the post-war context, which is essential for understanding the economic and political situation. Further I present the theoretical basis, which created foundation of Ronald Reagan policy. In the practical section I utilize the induction and deduction methods for analyzing empirical data, further I utilize contextual analysis in order to interpret policies conducted by Ronald Reagan.
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