This diploma thesis assesses the economic situation of Greece and its comparison with economic of the Czech Republic. Thesis analyses the development of macroeconomic indicators in Greece and Czech Republic and for better understanding, in selected countries of the European Union. In the theoretical part, thesis describes the individual indicators and provides information about how are the indicators measured. The analytical part deals with the Greece economy in comparison with economy of Czech Republic. The assessed period is from the year 2003 to 2015. For the comparative part of this diploma thesis, macroeconomic indicators such as GDP, inflation, unemployment, balance of trade, were used. For better view, comparison of both countries in particular indicator is followed by description of the situation for selected countries of European Union. In the final part of the thesis, a conclusion is assessed using results from individual subchapters. Thesis concludes similarities and differences between compared countries based on development of selected indicators and country ratings.

The main objective of this diploma thesis is to provide a comprehensive overview of the foreign direct investment (FDI) inflows in the Czech Republic from the perspective of its determinants. The first part presents the general definitions of FDI and its possible positive and negative impacts on the host country. Furthermore, the thesis deals with the determinants defining the attractiveness of the country for foreign investors. The following part contains a brief description of global investment trends and the transformation of the Czech economy. Based on the theoretical background, the second part of the thesis is built up. The second part focuses on analysis of FDI inflows in the Czech Republic based on the country of origin of the investor and the sector. Furthermore, the thesis deals with key attractiveness factors influencing Czech foreign direct investment and the development of selected macroeconomic indicators. Moreover, the econometric model examines which factors affect FDI inflows into the country. In the final conclusion, the results of the diploma thesis are presented.

This thesis estimates the treatment effect of inflation targeting adoption on inflation, inflation variability, output, and output variability for 25 explicit inflation targeting countries. I implement the propensity score matching methodology that takes into account the problems of non-experimental nature, such as selection bias or selection on observable, and allows me to effectively mimic properties of randomized experiment and compute unbiased treatment effect estimates. I introduce a variety of propensity score matching methods that were recently developed in the treatment effect literature, including Nearest Neighbor, Radius matching, Kernel matching, and Inverse Probability Weighting. The results indicate that both industrial and developing inflation targeting countries exhibit lower inflation levels and at the same time higher output growth than non-targeting countries. The estimates are however in most cases statistically insignificant. Moreover, it appears that both industrial and developing countries achieve combination of lower inflation variability and output variability compared to non-targeting countries. Nonetheless, majority of the estimates are again statistically insignificant. The results are to a small extent sensitive to the choice of propensity score matching method. Radius matching with tight calipers (r=0.005, r=0.001) tends to provide the most reliable estimates. Balancing properties of the models are reasonable and compared to the previous research the standardised biases are quantitatively better.

This thesis deals with the use of foreign-exchange interventions as an unconventional tool of monetary policy in inflation targeting regime. It is primary focused on monetary policy of the Czech National Bank and foreign-exchange interventions that have been executed since November 2013. Further, it is devoted to interventions executed by the Swiss National Bank and the Bank of Israel. The main aim is to analyse the experience of previously mentioned central banks with foreign-exchange interventions, to describe main reasons and goals, and especially impacts of interventions on economies of related countries while focusing on inflation, GDP and unemployment. The last part provides the evaluation of referred intervention regimes and their comparison.

The thesis discusses some issues on the topic of money velocity. Its goal is to summarise theroretical contributions in this area, which are followed by a practical application through the monetary analysis of the Slovak Republic from 1993 to 2000. The theoretical part involves the first approaches to money velocity, explanation of the quantity theory of money and monetarism and their critique. It also describes the monerary transmission mechanism. The practical application part evaluates the impact of the stability of money velocity on the decision of the National Bank of Slovakia to abandon monetary targeting. It also focuses on the other variables that influenced monetary policy execution. The last chapter is devoted to the importance of money velocity if the central bank uses inflation targeting as its policy.

The diploma thesis focuses on inflation targeting in central Europe. It describes experience of three central European countries (Czech republic, Poland, Hungary) with inflation targeting. First part of thesis deals with theoretical aspects of inflation targeting. Next part brings closer look at application of inflation targeting in above - mentioned countries. Last part of thesis analyzes efficiency of inflation targeting.

In the third millennium CNB took over a Policy of Inflation Targeting. Czech Republic was one of the first countries which adopted that policy. This diploma is connected with bachelor thesis, entitled "Instruments of Monetary Policy in Czech Republic since 2000" written in 2009 and deals with explanations of tools and principles of monetary policy in terms of the political course of inflation targeting.

The diploma thesis is written on the topic of Russia: macroeconomics and position at the international tourism market. The theoretical part explains the basic concepts of tourism, describes the basic macroeconomics indicators and define the position of tourism in the global economy. The second part deals with the development of the economy of the Russian Federation from its very begining up to the present. The third part discusses the Russian Federation in the terms of tourism, international income and arrivals. The last part analyzes tourism between the Czech Republic and the Russian Federation. For this part of diploma thesis has been prepared two questionnaires among residents of the Czech Republic and the Russian Federation.

This thesis aims at currency interventions executed by Czech and Suisse central bank and their following comparison. Currency interventions became lately monetary instrument that both central banks adopted. Effect of intervention on real economic situation in both countries will be content of this thesis. Because of the scale off the interventions, this issue is still current and it is still publicly debated. First part of this thesis introduces systems of exchange rate arrangements and describes the role of central bank. Second part of this thesis deals with currency interventions in Czech Republic and focuses on intervention impacts on real economics. Third part is devoted to Suisse currency intervention.

The current monetary policy has been a widely discussed topic. The main focus has been given to the inflation targeting and whether it is suitable in situations with low inflation and low interests rates. The present study is addressing the monetary policy regimes and evolution of targeting aggregates under inflation targeting. The goal of my thesis is to verify whether the interests rates close to technical zero don t cause systematically larger deviations of forecasts of inflation from reality. Having compared most monetary regimes, their advantages and disadvantages in the current situation, I have come to the conclusion that although inflation targeting is not absolutely perfect, the shortcomings and the pitfalls of other regimes are considerably less favourable. Although the inflation deviation is increasing, this is most likely attributable to the error of model and the overtly optimistic forecast of the Czech National Bank than to the possibility that the errors directly relate to the level of interests rates.