Významné ekonomické události pohledem platební bilance USA a její specifika

The primary aim of this bachelor thesis is to acquaint the reader with the U.S. balance of payments, to become familiar with its specifics and then with its help to interpret the impact of key events. The thesis is divided into three main chapters. First chapter is focused on the theory of the balance of payments and its individual accounts. Second chapter deals specifically with the U.S. balance of payments. First the attention is paid to the overall development followed by a mention of the relationship between public debt and current account deficit. This chapter also includes the issue of the U.S. dollar in the position of the main reserve currency. Ending of this chapter is connected with the theme of global imbalances and the paradox of the U.S. net international investment position. The chapter three is made up of individual events, included are also their causes and consequences. The most space is devoted to the subprime mortgage crisis and financial crisis. The main purpose of the final chapter is to provide perspective on these events through the U.S. balance of payments.