Growth dividend from the financial markets’
|Author:||Bc. Nail Hassairi|
|Year:||2010 - summer|
|Leaders:|| prof. Ing. Oldřich Dědek CSc.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||The introduction of the common currency in part of the European
Union was a landmark event. It raised eyebrows, expectations and gloomy
forecasts. Optimists saw the currency bringing about efficiencies in variety
of different ways and industries. This thesis is preoccupied with financial
markets. The thesis of this work is that Euro triggered integration on
financial markets in countries that joined the project of common currency.
The work is trying to gauge this ongoing financial integration and find a
measure that would represent it. After finding this measure it is a goal of
this paper to estimate if the ongoing financial integration contributed to
higher growth prospects in the economies involved.