Diplomová práce / info:eu-repo/semantics/masterThesis
Osoba oponující práci:
This diploma thesis presents the development of the current account of the balance of payments in China between the years 1998 and 2017. However, it primarily discusses the potential causes that may have led to the decline of the previously significant current account surplus in China in the second half of the observed period. The first chapter of the thesis provides theoretical background, addresses the components and principles of the balance of payments and focuses on external economic balance and balance of payments adjustment mechanisms. The second part of the thesis provides information regarding selected factors specific to China – its exchange rate, investment environment, middle class development and approach to savings. The third chapter is concerned with the development of the Chinese current account and other components of the balance of payments in the observed period. It also presents related indicators. The last part of the thesis addresses potential causes of the decline of the Chinese current account surplus.
China; balance of payments; current account surplus