This paper analyses the essential aspects, causes and consequences of contemporary European integration process and examines the performance of individual EU countries. The analysis is done through the view of five crises: first the political and institutional; second the public finance, respectively the debt; third the different quality and competitiveness of single economies; fourth the banking, financial, respectively economic; and fifth the view, which focuses on the psychological aspect of trust. Substantial measures proposed or implemented by the EU institutions are subjects of analysis (European bonds; tax on financial transactions, banking union, fiscal pact and bail-out fund), including their critical evaluation, especially activist policy of the European Central Bank. Summary is contained in the SWOT analysis. This work also proposes recommendation for further development in the Czech Republic. The research section made by testing selected variables among 2003-2012 based on the method Beta convergence confirmed, that instead of theoretical assumption of faster real convergence of EU countries, the divergence between the core and periphery countries took place in the examined period. Beta convergence is confirmed within the designated groups in the new EU member states in the pre-crisis growth and in the overall monitored period. The second method -- the cluster analysis created groups, respectively clusters of countries that are the most similar based on selected indicators. On the one hand, the repeated grouping of core countries into one common cluster was verified with different options of the model. On the other hand, the used Ward's method showed, among others, that in majority of observed periods the countries commonly categorized into periphery groups (such as Italy and Ireland) have greater economic similarities to the core countries rather than countries such as Spain, Portugal and Greece.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:191800 |
Date | January 2013 |
Creators | Ševčíková, Michaela |
Contributors | Loužek, Marek, Daňhel, Jaroslav, Zahradník, Petr, Strejček, Ivo |
Publisher | Vysoká škola ekonomická v Praze |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/doctoralThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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