In this thesis I discuss the financial crisis affecting the whole world. The thesis is concerning the most advanced economic center like United States, European Union, Japan and China. A special attention belongs to the particular states of the European Union (Germany, Lithuania, Greece, Slovak Republic and of course Czech Republic). I tried to compare all the European Union by two macroeconomic variables, the first one is gross domestic product and the second one gross domestic product per capita measured by purchasing power parity. The conclusion is that the original membership's countries were far less affected by the crisis than countries that acceded in 2004 and 2007. In the case of gross domestic product the most negative impact had the crisis on Ireland, Finland and Luxembourg and at least were affected France, Portugal and Belgium. For new member states are most negative influenced the Lithuania, Latvia, Estonia and Slovakia and the least affected countries were Poland, Malta and Cyprus. The second variable shows us that the crisis was in case of new members most favorable for Cyprus, Malta, Slovenia and the Czech Republic and vice versa worst for Bulgaria and Romania. In global the crisis hit at most Lithuania, Latvia, Estonia and had the smallest impact on Greece, Cyprus, Netherlands and France. For individual countries from the European Union I tried to analyze the applications of government measures and personally, I inclined to think that the crisis is the curative process on one hand because crises lead to the cleaning the market from less productive and prosperous companies and creating space for new opportunities but on the other hand bring a lot of negative aspects, such as unemployment, decline in living standards and more.
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:76114 |
Date | January 2010 |
Creators | Vlčková, Marie |
Contributors | Abrhám, Josef, Pluskalová, Eva |
Publisher | Vysoká škola ekonomická v Praze |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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