N40 - Economic History: Government, War, Law, International Relations, and Regulation: General, International, or ComparativeNávrat zpět

We shed light on the German-Russian relationship, focusing on the complexities that underlie their economic policy uncertainties over the period 1994–2023. We start with static unconditional correlation and dynamic conditional correlation analyses to examine the strength and temporal variations in the correlation between economic policy uncertainties of these two major countries. We then utilize standard and time-varying Granger causality analysis to uncover causal relationships. Importantly, we use a novel energy policy uncertainty index for Germany to explore interconnections between economic and energy policy uncertainties. We emphasize the importance of incorporating energy policy uncertainty in economic policy decision-making and international cooperation.

Occupation Policy in Protectorate of Bohemia and Moravia Industry: An Example of Škoda Works The study describes occupation policy and administration, including goals in the Pro-tectorate of Bohemia and Moravia. It analyses measures carried out by the occupation administration in the manufacturing, more specifically in the armament industry, and presents selected specific measures and their impacts on the industrial sector and arms production. In this regard, the company Škoda Works, the largest arms manufacturer, serves as an illustrative case study. The measures affected the Protectorate industry, which was completely restructured based on the needs of the German war economy. By analysing selected principles of the administration's operation, specific measures and their real effects on the arms industry, the study shows the potential and real economic significance of the German occupation of the Czech lands.

The article in the context of the current Greek crisis analyses the consequences of forced unification, occurring in the European Union, at least since the Maastricht Treaty, which is now associated mainly with the process of monetary union. The current stage of European integration is based on political constructivism and it is characterized by the dominance of politics over economy, which in some aspects of the system resembles the communist economy system, which was an extreme distortion of the relationship between politics and economy. The unification model of European integration does not help the weaker European Union countries, for it forces them to use various forms of standardization that brings high (often hidden) costs (exceeding profits). The article notes that the main prize in the economy is the exchange rate. The reason for the imbalances within the monetary union is a non-optimal exchange rate for each member country - too overvalued rate of Greece, but also too undervalued rate of Germany. The text also discusses limitations (systemic and political) and inability to perform adequate internal devaluation and systematic (not just partial, parametric) reforms in Greece. The congenital structural differences among the EU countries and the impossibility of the exchange rate adaptation lead to a systemic Eurozone defect, which results in a fact, that it is not (and, in the present composition, it even cannot be) an optimal currency area.