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Vliv finanční a ekonomické krize na Island / The Influence of Financial and Economic Crisis on Iceland

The diploma thesis concentrates on the financial and economic crisis on Iceland, analyses its triggers, describes its consequences and assumes possible future development of the country. The crisis on Iceland was caused by some imperfections of the economy and too big expansion of the bank activities abroad. Global recession sharpened the situation so much that the former successful economy was not able to fulfil its financial obligations. Economic growth fell and debts grew. This work shows the situation, where even the economically developed country can due to wrongly set economic parameters occur near to its bankruptcy. As a conclusion, there is shown the way out of crisis, which Iceland chose and began with the help of international organisations and also other countries. The thesis also analyses positive development of the situation due to the implemented regulations and restrictions and describes its future perspectives.

Identiferoai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:75736
Date January 2010
CreatorsNitschelová, Olga
ContributorsŽamberský, Pavel, Taušer, Josef
PublisherVysoká škola ekonomická v Praze
Source SetsCzech ETDs
LanguageCzech
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/masterThesis
Rightsinfo:eu-repo/semantics/restrictedAccess

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