Analýza vývoje vládního dluhu České republiky v období let 2008 až 2017

The bachelor thesis is based on topic of public debt in the Czech republic. It aims to describe the economic situation of the public finances, respectively their expenditure components and their development in the years between 2008 to 2017. The theoretical part deals with government debt as a concept embedded in public sector theory and public finances. The most important economic schools and their opinion on public debt have been introduced. Also, the impact of debt policy is described in economic theory of AD-AS models, the Philips curve model and the lending market model. The practical part outlines the reality since 2008, taking into account the Czech political environment and the development of macroeconomic factors in the same period. With the Czech Republic showing relatively good budgetary performance and overcoming the economic crisis without major difficulties, the main objective is to analyze individual public sector institutions and show their overall budget and changes in economic variables such as GDP, inflation, unemployment. In the following chapters is described the impact of the economic crisis on public finances, its creation and its impact on the European continent. It would not be forgotten how the European Union fights with the ever-increasing indebtedness of some of its members, especially if they have adopted a common currency. In conclusion, the author's own opinion and its problem-solving concept are presented, which is based on the public finance reforms that took place in the Czech Republic over the period.