Costs of entering the EMU and the case of Greece

Autor práce: Trimmi, Argyro
Typ práce: Diplomová práce
Vedoucí práce: Brůna, Karel
Osoba oponující práci: Kučera, Lukáš

Informace o vysokoškolské kvalifikační práci

Název práce: Costs of entering the EMU and the case of Greece
Typ práce: Master thesis
Jazyk práce: English
Abstrakt: The introduction of euro in 2002 was considered to be a risky "experiment. Even before its actual existence, many economists have doubted the success of the Economic Monetary Union (EMU) emphasizing the potential costs of such a bold action. The traditional Optimum Currency Area by Mundell (1961), Mc Kinnon (1963) and Kenen (1969) has pointed out the loss of the exchange-rate mechanism and the structural differences among the member states as the main sources of costs within a monetary union. Ten years after the circulation of euro, the ongoing Greek debt crisis has revealed the imperfections of the EMU. Greece has become the "black sheep" of the union, having accumulated unsustainable levels of public debt and deficits that could pose a threat for the future of the Eurozone. It is widely believed that the profligate fiscal policies of the Greek government and the domestic flaws of the Greek economy have played an importan role on the country's debt crisis. However, the impact of Greece's accession to the EMU on the current crisis is still a moot question.
Klíčová slova: public debt and deficit; Greek debt crisis; optimum currency area theory; monetary union

Informace o studiu

Studijní program a Studijní obor: Ekonomika a management/International Business - Central European Business Realities
Typ studijního programu: Magisterský navazující studijní program
Jméno přidělované hodnosti: Ing.
Instituce přidělující hodnost: University of Economics, Prague
Název fakulty: Faculty of Finance and Accounting
Název katedry: Department of Monetary Theory and Policy
Instituce archivující a zpřístupňující VŠKP: University of Economics, Prague

Informace o odevzdání a obhajobě

Datum zadání práce: 1. 11. 2011
Datum podání práce: 30. 6. 2012
Datum obhajoby: 14.06.2012

Soubory ke stažení

Hlavní práce34273_xtria03.pdf [1,08 MB]
Oponentura26371_xkucl21.pdf [17,25 kB]
Hodnocení vedoucího34273_bruna.pdf [13,55 kB]

Údaje ze systému InSIS

Identifikátor https://insis.vse.cz/zp/34273/podrobnosti