Economic consequences of the dissolution of Czechoslovakia in 1993

The aim is to analyze the economic and political aspects of the dissolution of Czechoslovakia in 1993 in the context of monetary separation and further analyze its impact on monetary indicators in the Czech Republic and the Slovak Republic. The thesis provides a comprehensive view of the development of relations within Czechoslovakia after 1989 and monetary separation in 1993. First, attention is focused on description and analysis of economic and political relations between the two nations, which are demonstrated in the illustrative examples of the development of Czechoslovakia between 1989 and 1993. Then analyzes the preparation, conduct and impact of monetary separation on the inflation rate, balance of payments, interest rates and foreign exchange reserves, and consequently macroeconomic indicators are compared both newly formed states. The thesis is written for use with the description, analysis and comparison. Based on the analysis, we can conclude that the collapse of the state was no longer possible in 1993 to avoid. It can be concluded that the monetary separation had no immediate impact on the study of monetary indicators. Based on comparison of selected macroeconomic indicators of the countries we were able to demonstrate that in the first years after the collapse of the federation with the Czech economy developed better and more stable than Slovak Republic. Implementation and results of the disintegration of Czechoslovakia and the associated monetary separation can be considered as a basis for solving current problems eg. In any disintegration of the common currency in the European Union or the possible dissolution of several national states. A proper currency separation in 1993 had a negative impact on the development of monetary variables surveyed states