The aim of thesis is to describe development of the GDP, its components and other corresponding indicators. The experimental part describes development of the indicators during 1993 - 2010, analyses of performance on convergence criteria, analyses of the Czech Republic' competitiveness and evaluating the benefits of EU accession. In the conclusion data were analyzed using regression analysis of two periods, before and after joining EU.

In the first chapter the thesis deals with the historical process of formation of the EU and EMU, in the other words euro area. Second chapter shows us the nominal and real analysis of convergence of Czech republic and Slovakia to the average of the EU 27 and former EU 15. Following chapters are about the process of ingression of Czech republic and Slovakia firstly to the EU and nowadays to the euro area. The aim of the thesis is to compare the process of the integration in these countries.

The purpose of the dissertation is to establish a framework with which to assess the prospective gains from regional monetary integration among five neighboring countries in East Africa: Burundi, Kenya, Rwanda, Tanzania, and Uganda. The neo-classical theory assumes that economic and monetary union would stimulate additional growth in such a union as a whole, with the trickle-down effects of overall development, and would enhance factor mobility, solving the problem of regional disparity automatically. Past experiences of African regionalism have shown that countries that participated in a monetary union were able to pursue credible monetary policies. This economic performance has been credited to their monetary policy discipline. Since countries in East Africa are small both in terms of their individual populations and the respective sizes of their economies, the study concludes that regional integration is a useful way of increasing their economic clout and bargaining power on the global scene. / Economics / Thesis (M. Comm.)

Magistro baigiamojo darbo tema yra aktuali, nes Europos Sąjungos bendrosios pinigų politikos sukūrimas bei funkcionavimas yra ypatingai svarbus žingsnis Europos integracijoje, atveriantis kelią galutiniam politiniam valstybių narių suartėjimui. Todėl detali šios Europos Sąjungos politikos srities studija yra būtina siekiant pažinti ateities integracinių procesų galimybes bei iššūkius. Paskutinė euro zonos plėtra įvyko 2009 m. sausio 1 d., kuomet Slovakijoje įvesta euro valiuta. Europos Bendrijos valiutą naudojančių ES valstybių narių skaičius padidėjo ik šešiolikos. Nors Estija kol kas dar nėra pasiekusi visiškos integracijos EPS procese, tačiau 2010 m. gegužės mėn. Europos Komisija oficialiai pasiūlė Estijai nuo ateinančių metų sausio 1 d. prisijungti prie euro zonos. Tyrimo tikslas – įvertinti Slovakijos ir Estijos ekonominę ir teisinę konvergenciją. Atsižvelgiant į tyrimo tikslą ir iškeltus uždavinius, darbe teoriniu aspektu apžvelgiami Europos ekonominės ir pinigų sąjungos kūrimo etapai, išryškinami dalyvavimo ekonominėje ir pinigų sąjungoje privalumai ir trūkumai; išanalizuojama Europos centrinio banko bei kitų Europos Sąjungos institucijų politika euro zonos plėtros procese; įvertinamas Slovakijos ir Estijos makroekonominių rodiklių atitikimas Mastrichto konvergencijos kriterijams bei Europos Sąjungos ir šių šalių nacionalinės teisės harmonizavimas, bei pateikiamas Slovakijos naudos euro zonoje įvertinimas ir Estijos pasiruošimas prisijungti prie ekonominės ir pinigų... [toliau žr. visą tekstą] / Subject of the final master’s thesis is topical, because development and functioning of the common European Union monetary policy is especially important step in European integration, opening the way for final political approach of the member states. Thus a detailed study of this sphere of the European Union politics is necessary striving to cognize possibilities and challenges of the future integration processes. The last expansion in the Euro-area happened on 1 January 2009, when the euro was introduced in Slovakia. A number of the EU member states that use the currency of the European Union increased up to sixteen. Though Estonia still hasn’t reached complete integration in the EMU process, yet in May 2010 European Commission officially suggested Estonia to join the Euro-area from 1 January 2011. Objective of the research is to assess Slovakia’s and Estonia’s economic and legal convergence. Considering the objective of the research and set tasks, stages of development of the Economic and Monetary Union in Europe are covered in the work in theoretical aspect, advantages and disadvantages of participation in the Economic and Monetary Union are highlighted; policy of the European Central Bank and other institutions of the European Union in the process of euro-area expansion is analysed; conformity of Slovakia’s and Estonia’s macroeconomic indices to criteria of Maastricht convergence and harmonization of the European Union Law and national law of the mentioned countries and... [to full text]

The diploma thesis "Possible impact of euro introduction on the Czech economy". The first part of the thesis deal with common problems euro introduction in the Czech Republic. It attend to filling of the convergent criteria, nominal, real and others, then the choice of the scenario and schedule euro introduction. Main part of the thesis deal with the influence analysis of the single currency on the inflation, citizens, international trade and foreign direct investments. Second part focus on the way of the inflation measuring, factors which influence inflation or possible scenarios of the inflation development after euro introductoin, third part on the problems of the conversion coefficient and influences on the price relation and buing power a the fourth part on the expected effects of the euro introduction in international trade, concretely on the balance of goods and services, foreign direct investments and competitiveness. The last fifth part is focused on the future of the euro, how it sees significant world's economists.

Thesis called "Monetary policy of Czech National Bank and the perspectives of acceptance of euro" is mainly focused on convergence process in Czech Republic. First part of the work consists of current monetary policy of Czech National Bank and characteristics of monetary cooperation development needed for Economic and monetary union establishment. Real convergence state evaluation and maastricht criteria discharging in Czech Republic are the main goals of the thesis. Current global financial crisis is shown in readiness of Czech Republic of EMU entering conclusions.

This master thesis deals with the euro adoption in the Czech Republic, comparing the possible effects of the euro adoption on the Czech economy and consequences of currency changeover after the Slovak Republic joined the eurozone in 2009. After introducing the theoretical concepts inevitable for the euro adoption, the process of preparation for the currency changeover in the Slovak Republic and the currency changeover itself will be described. Subsequently, the work focuses on the conditions which the Czech government has already met in the process of preparation for the euro adoption and which still need to be fulfilled. In addition, the Czech Republic's economic alignment with euro area countries is analyzed, especially focusing on particular areas. A significant part of this work deals with the comparison of positive and negative effects of the euro adoption in the Slovak Republic with possible impacts of euro on the Czech Republic. In the end, the emphasis is put on the strength of the Czech economy to deal with the possible future financial crisis.

The purpose of the dissertation is to establish a framework with which to assess the prospective gains from regional monetary integration among five neighboring countries in East Africa: Burundi, Kenya, Rwanda, Tanzania, and Uganda. The neo-classical theory assumes that economic and monetary union would stimulate additional growth in such a union as a whole, with the trickle-down effects of overall development, and would enhance factor mobility, solving the problem of regional disparity automatically. Past experiences of African regionalism have shown that countries that participated in a monetary union were able to pursue credible monetary policies. This economic performance has been credited to their monetary policy discipline. Since countries in East Africa are small both in terms of their individual populations and the respective sizes of their economies, the study concludes that regional integration is a useful way of increasing their economic clout and bargaining power on the global scene. / Economics / Thesis (M. Comm.)

This diploma thesis deals with the preparation of the two EU Member States, namely Czech Republic and Slovakia, for joining the euro area. The first part briefly describes the formation of the Economic and Monetary Union. The core part lies in the assessment and in the comparison of both states regarding the fulfillment of the criteria for adoption of the single currency. The detailed analysis is focused mostly on the nominal and the real convergence.

The aim of the submitted thesis is macroeconomic analysis, comparison and evaluation of nominal and real convergence of the Visegrad Group states with EU-15 states. By the help of regression model, one can state that in years 2004--2008 countries of V4 reached Beta - convergence with EU-15. However, this did not hold for the critical period in 2008--2012 when mainly Hungary lagged behind. There was proved a positive relationship between real and nominal convergence wherewith Balassa-Samuelson Effect for EU states was confirmed. The Czech Republic has always shown a lower nominal value than it would correspond to its GDP per capita, still it approximated to regression line over time. Other V4 states registered inverse course. During period 2004--2012, the Czech Republic performed Maastricht conver-gence criteria best from V4 states. Contrariwise, Hungary had the worst position of the ob-served period.