The Concept of the State-Supported Insurance in the Czech Republic and Poland

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10245368" target="_blank" >RIV/61989100:27510/20:10245368 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The Concept of the State-Supported Insurance in the Czech Republic and Poland

Original language description

Territorial and political risks can have enormous effects on business operations, can generate significant profits, but also incur huge financial losses or total cancellation of ongoing operations. Political and commercial risks are becoming a key issue that various entrepreneurs must be concern for. The solution is export insurance, which is able to cover territorial risks and long-term commercial risks, thereby help to cope with unexpected situations. Insurance for these situations is available on commercial basis and with state support. Therefore, the state supports export through specialized insurance institutions and thus helps exporters to trade in countries with political, macroeconomic and financially lower stability. The aim of the paper is to compare the current pro-export policy in the Czech Republic and Poland on the approach to insurance with state support. The authors are aware that the conditions for pro-export policy are comparable in developed countries. Because export support, although it is a national competence, must be set in accordance with international rules established at the level of the WTO, the OECD and the EU. Nevertheless, there are obvious differences in the concept, methods and rules of the pro-export policy setting of individual states, which the authors explain in the approaches to state-supported insurance in the CR and Poland.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

The 3th online International Scientific Conference Development and Adnimistration of Border Areas of the Czech republic and Poland - Support for Sustainable Development : 12. June 2020, Ostrava

ISBN

978-80-248-4412-1

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

174-181

Publisher name

VŠB - Technical University of Ostrava

Place of publication

Ostrava

Event location

Ostrava

Event date

Jun 20, 2020

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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