04534ntm a22005657i 4500 000123192 CZ-PrVSE 20221108171029.0 m d cr n|||||||||| 221108s2022 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 rda Pýcha, Mikuláš ISIS:94384 dis Three essays on export credit support and related issues of current system eng Three essays on export credit support and related issues of current system / Mikuláš Pýcha 2022 ?? stran : digital, PDF soubor Vedoucí práce: Jarmila Radová Disertační práce (Ph.D.)—Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví, 2022 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2022 The dissertation is compiled from articles that explore the field of export credit support and its current problems. The whole of the research was motivated by a desire to improve the system or point out issues that should receive more attention. The results are based on both theoretical and practical findings from the world of export credit agencies. During the research, the hypotheses and questions were discussed with multiple representatives of those institutions, which enables us to state that some of the findings could also be used practically in the real world. The main part of the research builds up a macroeconomic methodology to test the adequacy of minimum premium rates in connection to the best practice of applying them to the loan principal amount only while simultaneously insuring interest payments as well. This practice creates a problem that is not widely discussed and which deserves more attention. It creates room for market failures (mostly the moral hazard of insured subjects), may be in conflict with long-term financial sustainability, and does not guarantee a level playing field. Based on the expected loss calculation, the premium rates should be more closely related to the total insured value. Furthermore, the maximum amount of insured interest was researched under the current restriction system, in which the premium rates apply to the loan principal amount only. There is a close relationship between this maximum amount and the rate of return on investments that can be attained by an export credit agency. The dissertation is also enriched by a microeconomic analysis of the motivations for export support, while an explanation of the various goals that commercial companies have is also present. The microeconomic part defines a model in a general form that enables the valuation of export projects before they receive export support. This model can be very helpful for an export support system that has capacity constraints, or for the purpose of implementing a country´s export strategy. The overall results suggest that export support pricing and the corresponding insurance cover conditions should be reopened by the OECD and updated to minimize the problematic effects that are highlighted by the findings of this dissertation. Způsob přístupu: Internet finance [obor disert. práce] disertace fd132024 czenas dissertations eczenas Minimum Premium Rates OECD Consensus Export Credit Agency State support Export credit Radová, Jarmila vse2005270987 ths Teplý, Petr, 1977- mzk2008486526 opn Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví kn20010709398 dgg https://insis.vse.cz/zp/81295/podrobnosti VŠKP v InSIS https://insis.vse.cz/zp/81295 Hlavní práce https://insis.vse.cz/zp/81295/posudek/oponent/76553 Oponentura https://insis.vse.cz/zp/81295/posudek/oponent/76554 Oponentura https://insis.vse.cz/zp/81295/posudek/oponent/76555 Oponentura https://insis.vse.cz/zp/81295/priloha/24896 Přiloha k práci https://insis.vse.cz/zp/81295/priloha/24897 Přiloha k práci https://insis.vse.cz/zp/81295/podrobnosti dc:identifier NEPOSILAT VSKP vse81295 221027 81295