The Czech economy as an integrated periphery : The case of dependency on Germany
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14230%2F19%3A00108826" target="_blank" >RIV/00216224:14230/19:00108826 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/01603477.2018.1431792" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/01603477.2018.1431792</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/01603477.2018.1431792" target="_blank" >10.1080/01603477.2018.1431792</a>
Alternative languages
Result language
angličtina
Original language name
The Czech economy as an integrated periphery : The case of dependency on Germany
Original language description
The Czech Republic (CZ) is a small open economy that has been integrated into the European economy predominantly through its ties to Germany. Traditional analysis has focused on the positive aspects of this process and pointed out the favorable indicators of the Czech economy, strongly influenced by a modernist perspective (model of economic development) and neoliberalism (applied economic policies). The aim of this article is a more critical reflection on some important features of the Czech economic model. The application of some currently emerging analytic instruments of international economic relations allows us to point out many problematic features of the Czech economy—in particular its dependence on foreign capital combined with a weak ability to retain it and the low added value created within the CZ. There are indicators suggesting a dependent growth within a rigid pattern of an international division of labor and wealth distribution. We argue that shortcomings of the neoliberal model of development (even) in the case of a well prepared and governed economy are a good reason to bring the insights of dependency theory back into the discussion.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50601 - Political science
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Post Keynesian Economics
ISSN
0160-3477
e-ISSN
1557-7821
Volume of the periodical
42
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
31
Pages from-to
59-89
UT code for WoS article
000459334200004
EID of the result in the Scopus database
2-s2.0-85061802573