Does the Eurozone crisis bring similar effects to the economic growth of peripheral countries of EU? A research to investigate effects of the Eurozone crisis on the economic growth of the Eurozone peripheral countries and the non-Eurozone CEE countries

• Název práce v češtině: Znamená krize eurozóny podobný efekt pro periferní země EU? Výzkum odlišných efektů krize eurozóny na hospodářský růst periferních zemí EU a zemí mimo eurozónu
• Název v anglickém jazyce: Does the Eurozone crisis bring similar effects to the economic growth of peripheral countries of EU? A research to investigate effects of the Eurozone crisis on the economic growth of the Eurozone peripheral countries and the non-Eurozone CEE countries
• Klíčová slova: Evropská krize státního dluhu, hospodářský růst, EU, eurozóna, hlavní periferie, PIIGS, CEE.
• Klíčová slova anglicky: The European sovereign debt crisis, the economic growth, EU, Eurozone, Core-periphery, the PIIGS, the CEE.
• Akademický rok vypsání: 2018/2019
• Typ práce: diplomová práce
• Jazyk práce: angličtina
• Ústav: Katedra ruských a východoevropských studií (23-KRVS)
• Vedoucí / školitel: PhDr. Pavel Szobi, Ph.D.
• Řešitel: skrytý - zadáno vedoucím/školitelem
• Datum přihlášení: 24.11.2019
• Datum zadání: 24.11.2019
• Datum a čas obhajoby: 08.09.2020 10:00
• Místo konání obhajoby: Pekařská 16, JPEK107, 107, Malá učebna, 1.patro
• Datum odevzdání elektronické podoby: 01.08.2020
• Datum proběhlé obhajoby: 08.09.2020
• Oponenti: Mgr. Karel Svoboda, Ph.D.

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Předběžná náplň práce

Tento dokument má prozkoumat, zda krize v eurozóně přináší podobné účinky jako hospodářský růst dvou skupin periferních zemí EU, včetně zemí PIIGS a CEE. Řecko, Irsko a Portugalsko ze skupiny PIIGS; a Česká republika, Maďarsko a Polsko ze skupiny CEE jsou v této práci vybrány jako zkoumané země. Aby bylo možné kvantifikovat, jak krize v eurozóně ovlivňuje hospodářský růst těchto dvou skupin zemí, využívá tento výzkum statistický software STATA k provozování panelového regresního modelu s pevně stanovenými efekty podle země a času. Použitá data panelu obsahují vybrané ukazatele šesti zkoumaných zemí v období 2004–2018. Mezi indikátory, které mohou ovlivnit ekonomický růst zemí během krize v eurozóně, patří zůstatek na běžném účtu, příliv PZI, dluh, vývoz a nezaměstnanost. Kromě generování celkových výsledků pro všech šest zemí v letech 2004–2018, tento dokument vytváří figurínu proměnné „eurozóna“, která rozděluje zkoumané země do dvou skupin. Proto porovnává výsledky každé skupiny. Období výzkumu je rovněž rozděleno do tří fází: 2004–2008, 2009–2013 a 2014–2018, které představují období před krizí, období krize a období po krizi. Rozdělená období se používají k rozlišení účinků krize. Na základě výsledků dochází k závěru, že dopady evropské dluhové krize na obě skupiny zemí jsou podobné, ale poněkud odlišné. Krize eurozóny zasáhla ekonomiky zemí eurozóny z hlediska zadlužení a vývozu a krize zasáhla ekonomiky zemí střední a východní Evropy z hlediska zůstatku a dluhu na běžném účtu.

Předběžná náplň práce v anglickém jazyce

This paper is to investigate whether the Eurozone crisis brings similar effects to the economic growth of two groups of the EU’s peripheral countries, including the PIIGS and the CEE countries. Greece, Ireland and Portugal from the PIIGS group; and the Czech Republic, Hungary and Poland from the CEE group are selected as the researched countries in this paper. In order to quantify how the Eurozone crisis affects the economic growth of these two groups of countries, this research utilises the statistical software STATA to operate a panel regression model with country and time fixed effects. The employed panel data contains selected indicators of the six researched countries over 2004-2018. Indicators that may affect economic growth of countries during the Eurozone crisis includes current account balance, FDI inflows, debt, exports and unemployment. Apart from the generation of overall results for all the six countries over 2004-2018, this paper generates a dummy variable “eurozone” to divide the researched countries into two groups. Therefore, it compares the results of each group. The research period also be equally divided into three stages: 2004-2008, 2009-2013 and 2014-2018, which represent for pre-crisis period, crisis period and post-crisis period. The divided periods are used to distinguish the effects of the crisis. Based on the results, it concludes that the effects of the European debt crisis on the two groups of countries is similar but somewhat different. The Eurozone crisis affected the economies of the Eurozone countries in terms of debt and exports, and the crisis affected the economies of the CEE countries in terms of current account balance and debt.