Utjecaj politika Europske centralne banke i Međunarodnog monetarnog fonda u globalnoj financijskoj krizi - studija slučaja na primjeru Irske

master's thesis

• Title (english): Impact of policy of the European central bank and the International monetary fund amidst global financial crisis - case study of Ireland
• Author: Eleonora Antolović
• Mentor: Zoran Wittine (mentor)
• Committee member: Marijana Ivanov (predsjednik povjerenstva)
• Committee member: Dajana Barbić (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; Zagreb
• Defense date and country: 2015-09-29, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics

Abstract

Globalna financijska kriza utjecala je na gospodarstva svih zemalja Europske unije. Počevši s kolapsom velikih financijskih institucija u SAD-u kriza se brzo proširila po cijelom svijetu rezultiravši problemima i u europskom bankarskom sektoru. Uloga nadležnih institucija Europske unije, prvenstveno Europske centralne banke, je očuvanje stabilnosti cijena u cijeloj uniji. Kako je kriza najviše pogodila zemlje koje su imale ubrzani gospodarski rast ranijih godina, politika ECB-a i MMF-a najviše se usmjerava upravo tim zemljama. Jedna od tih zemalja čije se gospodarstvo i bankovni sustav urušio u financijskoj krizi bila je Irska. Irska je zemlja s najbržim procvatom gospodarstva i investicija u Europskoj uniji. Američki kapital u svim sferama irskog gospodarstva stvorio je od te siromašne zemlje „keltskog tigra“, kako su joj tepali mnogi stručnjaci. Nažalost, 2008. taj keltski tigar doživio je veliki pad BDP-a, tržište nekretnina je bujalo, kao i u svim ostalim zemljama, ali krediti se nisu mogli vraćati, te najveće banke propadaju. Novčana „injekcija“ bila je nužno potrebna. Irska je u studenom 2010. zatražila 67,5 mlrd. eura pomoći od EU i MMF-a, ali zauzvrat je, kao i svaka zemlja u takvom programu spašavanja, morala provesti reforme. Na temelju podataka prikupljenih iz različitih službenih izvora u radu će se analizirati rezultati provedenih reformi, da bi se moglo utvrditi kakve su učinke imale te reforme na irsko gospodarstvo.

Abstract (english)

The global financial crisis has made an impact on the economies of all European Union member states. It began with a collapse of large financial institutions in the USA and quickly spread across the globe, resulting in problems in the European banking sector as well. The role of the competent institutions of the European Union, and primarily of the European Central Bank, is to maintain price stability across the Union. As the countries with rapid economic growth in the previous years have been those most affected by the crisis, the ECB and IMF policies mostly target these countries. Ireland was one of the countries where economy and banking system collapsed during the financial crisis. It was the country with the most rapid economic and investment growth in the European Union. In all spheres of Irish economy American capital turned that impoverished country into a "Celtic Tiger". Unfortunately, in 2008 this Celtic Tiger experienced a significant drop in GDP. As in other countries, the real estate market was flourishing, but loans couldn't be paid, and the largest banks went under. Ireland was in grave need of a cash injection. In 2010 Ireland asked for a EUR 67.5 billion aid from the EU and the IMF. In return it had to implement reforms, as other countries in such assistance programmes. Based on the data collected from various official resources, this paper will analyse the results of the reforms implemented in order to be able to determine the effect these reforms have had on the Irish economy.

• Keywords: Europska centralna banka; Međunarodni monetarni fond; globalna financijska kriza; Irska; Europska unija
• Keywords (english): European Central Bank; International Monetary Fund; global financial crisis; Ireland; European Union
• Language: croatian
• URN:NBN: urn:nbn:hr:148:043500
• Study programme: Title: Business Economics; Study programme type: university; Study level: graduate; Academic / professional title: magistar/magistra ekonomije (magistar/magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2016-11-04 16:00:23