Template-Type: ReDIF-Article 1.0
Author-Name: Zdeněk Pavlík
Title: The Monetary Policy of the ECB in the Time of Crisis The Current Empirical Analysis
Abstract: This paper investigates the monetary policy of the European Central Bank in the time of the financial, economic and European debt and banking crisis. This paper focuses on the actual issues connected with the debt and banking crisis in Europe. The attention is devoted to the risk development in the European banking sector and the development of the monetary policy of the ECB. The empirical analysis of the ECB ́s monetary policy points out the systematic change in its behavior, which means that the ECB has been more focused on the financial stability of the European banking sector instead of the standard aim regarding the price stability. The results of the paper show how the monetary policy of the ECB is more and more unconventional with a decreasing rate of independence. This fact would have a significant impact on a future development of the European banking sector and the European economic activity
Keywords: monetary policy, interest rates, European banking sector, ECB, crisis, independence, Eurozone, měnová politika, úrokové míry, evropský bankovní sektor, ECB, krize, nezávislost, eurozóna
Pages: 3-28
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=10.pdf
File-URL: http://www.vse.cz/se/10
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:10:p:3-28
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Template-Type: ReDIF-Article 1.0
Author-Name: Martin Vojta
Title: Macroeconomic Conditionality within EU Cohesion Policy and its Possible Extension into Other Areas of EU Law
Abstract: As part of the Multiannual financial framework 2014-2020 negotiations, the European Commission proposes a much broader employment of the so-called macroeconomic conditionality within the EU Cohesion Policy. The proposed tool should increase cohesion policy’s efficiency and improve its functioning by imposing economic policy conditions for usage of Common Strategic Framework funds. This paper focuses on the definition, legal basis and scope of macroeconomic conditionality, as proposed by the Commission, as well as on the possibility of its extension into other areas, such as Pillar I of the common agriculture policy, and correction mechanisms of the EU budget’s income side
Keywords: European union, Evropská unie, Multiannual financial framework, Cohesion Policy, Common Strategic Framework funds, víceletý finanční rámec, politika soudržnosti, fondy společného strategického rámce
Pages: 29-38
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=11.pdf
File-URL: http://www.vse.cz/se/11
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:11:p:29-38
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/11

Template-Type: ReDIF-Article 1.0
Author-Name: Věra Tunkrová
Title: Comparison of the Economic Performance of Regions and the Shaping of the Cohesion Policy in the Programming Period 2014-2020 in the Czech Republic
Abstract: The economic and social cohesion both belong to one of the most important areas of interest within the EU member states. It is clear, that the economic levels of its regions significantly differ. The question is: how it will affect the shaping of the economic and social cohesion policy in the programming period 2014-2020 in the Czech Republic. The main objective of this paper is to compare the territorial statistical unit (NUTS II) levels in the Czech Republic. This issue is crucial not only for getting financial resources from the structural funds of the European Union, but also for shaping the future version of the economic and social cohesion policy in the Czech Republic in the following programming period 2014-2020. At first, the current situation of the economic and social cohesion policy in the Czech Republic is described. Furthermore, the paper is devoted to the economic level of the Czech regions and their comparison through the indicator of GDP per capita in PPP. At the end, factors that influence the form of economic and social cohesion policy in the Czech Republic are described.
Keywords: Cohesion Policy, economic performance, structural funds, ekonomická výkonnost, kohezní politika, strukturální fondy
Pages: 39-51
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=12.pdf
File-URL: http://www.vse.cz/se/12
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:12:p:39-51
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/12

Template-Type: ReDIF-Article 1.0
Author-Name: Josef Bič
Title: Change in the EU Budget after 2014 and Reforms of the EU Policies
Abstract: The multiannual financial framework declares the political priorities of the European Union in terms of their financial dimension. Negotiations over the future shape of a seven-year framework that was presented by the European Commission last year are currently held. This article deals with the shape of the new financial perspective for the period from 2014 to 2020 from several point of view. Firstly, an approach of the European Commission, which is analyzed in comparison with the previous proposal of 2004 and also according to background of the results of negotiations between Member States and a framework approved by the European Parliament and the Council, is evaluated. Secondly, attention is focused on the potential change in the nature of budgetary policy with an emphasis on the design of two major spending policies and reforms that should be implemented after 2014.
Keywords: budget of the EU, EU policies, reforms, economic and social cohesion, agricultural policy, new member states, rozpočet EU, politiky EU, reformy, hospodářská a sociální soudržnost, zemědělská politika, nové členské státy
Pages: 53-72
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=13.pdf
File-URL: http://www.vse.cz/se/13
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:13:p:53-72
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/13

Template-Type: ReDIF-Article 1.0
Author-Name: Eva Karpová
Title: The General Government Balances of EU Countries - Development and Problems during the Crisis Period from 2007 to 2010
Abstract: The long term troubles with general government deficits of many EU countries have been culminating in 2009 when the usual causes of internal economic deficit balances were meeting the deep economic recession. The improving of general government balances became extremely urgent as well as difficult under the mentioned conditions. From 2010 the governments of most EU countries have started to realize fiscal reforms which should bring essential effects in three or four year horizon. It is possible to say that EU institutions are involved and helpful in the mentioned process although the fiscal policy is not a common policy yet of course. However the improvement of general government balances seems to be a very difficult problem from a theoretical as well from the practical point of view.
Keywords: European union, Evropská unie, economic crisis, general government deficit/surplus, growth of gross domestic product, inflation rate, unemployment rate, hospodářská krize, bilance veřejných rozpočtů, růst HDP, inflace, míra nezaměstnanosti
Pages: 73-97
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=14.pdf
File-URL: http://www.vse.cz/se/14
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:14:p:73-97
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/14

Template-Type: ReDIF-Article 1.0
Author-Name: Milan Vošta
Title: Tourism in the EU Economies Focused on the Period of Economic Crisis
Abstract: Tourism interconnects for a long time essentially related aspects, such as tourism and the region of Europe, i.e. the area of the European Union. This topic should get considerable attention for more reasons. Firstly, tourism is described as a phenomenon of the world economy. In areas influenced by tourism, it contributes to the economic, social and cultural development, encourages economic growth and jobs creation. It is also a crucial source of income for many countries. Secondly, the sector of tourism has a considerable development potential for the future. It closely concerns lives of tens of thousands of people in both global and European scope. Finally, tourism represents getting to know new places, people, cultures and getting new experience. In this regard, EU accounts for an ideal place for development and implementation of tourism, also considering the existence of diverse locating, implementing and stimulating preconditions for development and allocation. The objective of this paper is to evaluate the issue of tourism based on so far uncommon perspective and to give an answer to the question of importance of tourism in the EU. The core of the study is analysis of selected indicators, with emphasis on those relating to the contribution of tourism to GDP and employment, focusing on developments in the recent period affected by the economic crisis. Attention is also paid to the indicators illustrating expenses of tourists, government expenses or capital investments.
Keywords: European union, Evropská unie, economic crisis, hospodářská krize, tourism, economy, GDP, employment, cestovní ruch, ekonomika, HDP, zaměstnanost
Pages: 99-110
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=15.pdf
File-URL: http://www.vse.cz/se/15
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:15:p:99-110
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/15

Template-Type: ReDIF-Article 1.0
Author-Name: Eva Heřmanová
Author-Name: Kateřina Faryadová
Title: Effectiveness of Integration of Muslim Minorities in the EU (focusing on the Situation in the Czech Republic)
Abstract: This contribution tries an example comparison of selected countries of the EU´s determination to uncover the causes and factors significantly different levels of integration of Muslim immigrants in these countries. One of the main ideas is the fact that effective integration is related primarily with the number of the members of minority, then secondary with the motive for the arrival of its members, with the level of education and social and economic status, then tertiary with other factors, e.g. with the existence and type of leaders in the minority, the homogeneity of the community, with public opinion and attitude of the majority society, media influence, with length of stay individual and generational horizont stay of Muslim minority in the country. The big role of course, itself a minority cultural diversity, including religion, and last but not least, the immigration and integration policies of the country. The aim of this paper is therefore not only give an overview of the situation eventually trends in the EU in this field, but also to reflect on the success of the integration of Muslim minorities in western societies and the question of how to proceed further.
Keywords: European union, Evropská unie, integration, integrace, muslims, Czech Republic, muslimové, Česko
Pages: 111-132
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=16.pdf
File-URL: http://www.vse.cz/se/16
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:16:p:111-132
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Template-Type: ReDIF-Article 1.0
Author-Name: Daniel Machytka
Title: Renewable Sources in the Context of Energy Security of the European Union
Abstract: With emphasis on new rules anchored by the Lisbon Treaty, this article discusses issues of an energy security of the European Union. The article presents comprehensive look at the sphere of the energy security and recalls the importance of this area, which stood at the very birth of the European integration. In the context of current integration proceses following text identifies the use of a renewable energy as a determining aspect of the EU energy policy. The use of the renewable energy i also identifiead as an effective solution with positive impacts on the energy security across the European Union. The aim of this article is to present a scientific knowledge from the area of the EU energy policy, with an emphasis on explaining the impact of renewables to certain aspects of the European Union´s energy security.
Keywords: European union, Evropská unie, EU energy policy, EU energy security, renewable resources, sustainable development, security of supply, diversity of energy sources, energetická politika EU, energetická bezpečnost EU, obnovitelné zdroje, udržitelný rozvoj, zajištění dodávek, diverzifikace energetických zdrojů
Pages: 133-148
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=17.pdf
File-URL: http://www.vse.cz/se/17
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:17:p:133-148
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlsev/references/17

Template-Type: ReDIF-Article 1.0
Author-Name: Ksenia Kostitsyna
Title: Energy Dialogue or Contradictions in the Energy Relations EU-Russia
Abstract: Energy security is one of the most debated issues in Europe. Despite the global crisis put down the production, the energy consumption has been growing up. European countries have not enough resources to meet their own demand. Due to the lack of energy resources the security of supply becomes more political rather than economic issue. The long-term partner in many European countries in this area is Russia. The cooperation started already in late 1950s with the building of productpipelines. More intensive dialogue, however, started only in the early 1990s. During this period certain successes were attained but at the same time there were some contradictions. The cooperation in the pipelines construction which should prevent the return of the gas crisis 2009, is currently in progress as well as negotiations on the participation of Russian companies in the nuclear projects of the EU. Though controversial points still remain, the progress in the energy dialogue is obvious.
Keywords: EU, EU, Security of energy supply, Energy dialogue, Russia,, gas pipelines, energetická bezpečnost, energetický dialog, Rusko, energetická politika, plynovody
Pages: 149-163
Volume: 2012
Issue: 1
Year: 2012
File-URL: http://www.vse.cz/se/download.php?jnl=se&pdf=18.pdf
File-URL: http://www.vse.cz/se/18
File-Format: text/html
Handle: RePEc:prg:jnlsev:v:2012:y:2012:i:1:id:18:p:149-163
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