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The Brief Analysis of the Foreign Trade of the Czech Republic in International Comparison

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F17%3A50013550" target="_blank" >RIV/62690094:18450/17:50013550 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Brief Analysis of the Foreign Trade of the Czech Republic in International Comparison

  • Original language description

    The Czech Republic is the country in the Central Europe, it is a member of different international organizations, such as the European Union or Visegrad Four. This country has strong relations with other member states of V4 (namely Poland, Slovakia, and Hungary), where Poland and Slovakia are neighbours of the Czech Republic as well, however, it has the strongest economic relations with other neighbour, namely Germany. As was already mentioned, the Czech Republic, Slovakia, Poland, and Hungary are members of Visegrad Four, and share similar history, geo-political ideas, and economic development. This article deals with the analysis of foreign trade development since 2000, because foreign trade is crucial for sustainable development for almost all countries around the world (it is part of GDP formula in open economy). The aim of this article is to analyse selected aspects of foreign trade in the Czech Republic in comparison with above mentioned countries. The analysis focuses on the development of foreign trade with goods and with services, where have been relatively surprising results (the weakest economy in terms of services has been Germany), but consequently the article analyses relations of the Czech Republic with all other analysed countries. The analysis shows surprising development again, where net balance with these countries has been growing despite the fact that GDP in these countries decreased. Detail description of results is in this article.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    European financial systems 2017 : proceedings of the 14th International scientific conference

  • ISBN

    978-80-210-8609-8

  • ISSN

  • e-ISSN

    neuvedeno

  • Number of pages

    9

  • Pages from-to

    384-392

  • Publisher name

    Masarykova univerzita

  • Place of publication

    Brno

  • Event location

    Brno

  • Event date

    Jun 26, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000418110700047