This graduation thesis is concerned with the Czech Republic's readiness for the entry to the euro area. Our Republic engaged to adopt shared euro currency already before the single admission to the European union, therefore it is not suitable to research, whether the Czech Republic should adopt euro or not, but when this step will be the most appropriate to render. The introductory part of the theses describes the history of the European monetary integration and the Stability and Growth Pact as an important instrument of the budget branch adherence. The theoretical part of the thesis focuses on the theory of optimal monetary areas, which is closely associated with monetary integration. Analytical section examines the rate of nominal and real approximation of Czech economy to the euro area's economies. I deal thoroughly with the fulfilment of convergence criteria and on the basis of GDP growth rate I analyse the real convergence. I solve the current influence of Greece's problems on the admission of euro in the Czech Republic and the Slovak macroeconomic experience with the entry to the euro area.

The diploma thesis summaries the transformation of publishing house Economia during the period July 2013 and December 2014. The aim of the transformation was to change Economia as a traditional publishing house focused on the print newspapers into multimedia organization. The thesis describes main changes in within the publishing house - foundation of integrated newsroom, acquisition and integration of Centrum Holdings company, integration of separated newsrooms, creating the digital versions of traditional newspapers, launching of new media types, changing the business models, innovation of traditional titles, developing of new job positions and new projects using more of the different departments of the publishing house. The thesis focuses mainly on changes on the editorial level; the chapters on integration of Centrum Holdings are being considered also from the aspect of management and human resources level. Interviews with the managers of Economia publishing house are the valuable part of the case study. The theoretical part of the diploma thesis sorts the trends and challenges that are faced by traditional publishing houses. Terms like information society, media convergence, digitalization are edefined. The changes related to launch of Web 2.0, social networks and portable electronic devices...

This paper estimates the determinants of exchange rate variability for 21 developed economies in 1980-1998. The results show that traditional criteria implied by the optimum currency area (OCA) theory, such as business cycle synchronisation, trade linkages and economy size, determine to a large extent bilateral exchange rate variability. Using the ordinary least squares estimation, we compute OCA indices for European economies vis-à-vis Germany and identify countries showing consistently large or little signs of convergence. We find that since 1998, most European developed economies have converged to Germany whether or not they are using the euro, suggesting that structural similarity is not driven solely by monetary integration. Our results from the model estimated by the generalized method of moments suggest that two additional criteria reflecting labour market flexibility and private credit growth are significant in explaining the exchange rate variability and lead to a ranking of countries different from the traditional approach. We find a positive relationship between the OCA indices and GDP decline during the economic crisis of 2008-09, which further supports the view that the OCA index is a useful indicator of the candidates' readiness to join the Euro Area. We apply the results to the...

This diploma thesis deals with the nominal convergence and adoption of the single currency in Slovakia and Czech Republic. The first chapter briefly describes the formation of the Economic and Monetary Union. The second chapter concentrates on the Slovak and Czech Republic and their fulfilling of nominal convergent criteria. The third chapter describes and evaluates Slovak process of euro adoption. The forth chapter deals with the Czech Republic and euro and provides also opinion of various subjects on euro introduction.

The main theme of this thesis is the isue of leases and its treatment in International Financial Reporting Standards. The thesis is devided into five parts. The first part is devoted to basic characteristics of the lease, its structure and historical development. The third part focuses on convergence of IFRS and US GAAP in leases. This section contains a summary of the opinions contained in Discussion Paper and decisions made at meetings of the IASB and the FASB after publishing of Discussion Paper. The fourth part deals with practical application of the rules contained in IAS 17 at real lease contract. The last part is devoted to research of implementation of disclosure requirements specified in IAS 17.

Tématem této diplomové práce je vstup České Republiky do eurozóny a otázky a problémy s tímto krokem spojené. K přijetí eura se nové členské země zavázaly již při podávání žádosti o členství. Vyhlídky na přijetí eura však v ČR nejsou prozatím příznivé. Česká ekonomika sice velmi rychle roste a konvergence k ekonomikám západní Evropy, ale pozitiva tohoto růstu jsou do značné míry vyvážena vysokým zadlužováním státu a nízkými investicemi do oborů s vysokou přidanou hodnotou, které budou klíčové pro naši konkurenceschopnost. Krátkozraká hospodářská politika je jednou z hlavních brzd našeho vstupu do Eurozóny. Zřejmě největším problémem je politický rozměr debaty o euru a závislost splnění maastrichtských kritérií na ekonomických reformách.

This thesis deals with the nominal and real convergence for Czech Republic and the Euro zone. It also includes analysis of synchronization of economic development in Czech and European economies for identifying potential risks associated with introducing the euro in the CR. The thesis describes different types of convergence and the relevant indicators with their historical evolution and hypothesis about future trends. The empirical part of the paper analyzes some selected indicators using econometric VAR models and linear and non-linear models of conditional heteroskedasticity. A suitable model for the analyzed data is chosen which gives a comparison of development in the Czech Republic and the EU. Especially time series causality, the existence of cointegration and conditional variance processes are observed. In conclusion there's a summary of all theoretical and modelled outputs with the risk evaluation of joining the monetary union.

The main aim of this dissertation is to provide evidence on the development of bilateral trade relations related to manufacturing industry between Hungary, the Czech Republic, Slovakia, Poland, Slovenia, Estonia, Lithuania and Latvia and the old Member States of the EU (EU 15/EU 25) through focus on the intra-industry trade phenomenon during the period delimited by years 1995, 1999, 2004 and 2007. Based on data from Eurostat Easy Comext database classified according to the Standard International Trade Classification (Rev.3), Grubel-Lloyd indices are computed at the level of 3-digit and 1-digit manufacturing industries (SITC 5, 6, 7, 8) and thereafter aggregate to the level of manufacturing sector as a whole (SITC 5 - 8). Consequently, Greenaway, Hine and Milner methodology is used for disentangling intra-industry trade into its horizontal and vertical components (the latter being further separated into low quality vertical intra-industry trade and high quality vertical intra-industry trade) on the basis of unit value indices. The results show that the share of intra-industry trade in total trade between the countries in focus is increasing during the complete period in all countries and all sectors with SITC 6, 7 and 8 clearly inclining to intra-industry specialization. Altogether, the predominant specialization in high quality vertical IIT is presented, implying so far only slowly advancing convergence steps of the new Member States towards the path of the initial Members of the EU.

The Thesis Analysis of preparedness of the Czech Republic to adopt the single European currency is focused on integration process of the Czech Republic into the Eurozone. The Thesis is divided into two main parts, the theoretical and practical part. The theoretical part is focused on the history of monetary cooperation in Europe, the European Central Bank and its instruments and also on the European currency. The practical part is dedicated to fulfilling the Maastricht convergence criteria and to procedures that are strictly related to adoption of the European currency, such as selection of scenarios and legislative preparations for euro adoption.

The diploma thesis called ?Globalization ? sociological reflection. Conception of globalization by Anthony Giddens, Zygmunt Bauman and Ulrich Beck? reflects the question, how sociological thinking deals with the phenomenon of globalization. In the introduction part of the Thesis is a basic outline of sociological perspective on globalization issues and this historical roots. The main part is devoted to comparing the concept of globalization of the three major sociological theorists, Anthony Giddens, Zygmunt Bauman and Ulrich Beck, which includes a detailed analysis of the works related to the theme of globalization. The relevant sections of the Thesis pays attention to the key topics that are discussed in the context of globalization in the field of contemporary social theory (globalization, localization and glocalization, denacionalization, the convergence of global culture, etc.). This Thesis is based on the key works of these authors, their reaction in the scientific community and my own critical analysis.