The Selected Aspects of Foreign Trade in Central European Countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F18%3A50014974" target="_blank" >RIV/62690094:18450/18:50014974 - isvavai.cz</a>

Result on the web

<a href="https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf" target="_blank" >https://is.muni.cz/do/econ/sborniky/2018/Proceedings_finalni_verze_September_3.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The Selected Aspects of Foreign Trade in Central European Countries

Original language description

This article deals with the selected aspects of foreign trade development in the countries from central Europe, namely the Czech Republic, Poland, Slovakia, Hungary, where these countries belong into Visegrad Four, and Germany, because countries of V4 have usually strong connections with Germany. The article continues with analysis from other articles presented on other conferences, and it analyses development since 2000, and it focuses on selected aspects of foreign trade development, because foreign trade is crucial part for sustainable development for almost all countries around the world (it is part of GDP formula in open economy). The article analyses development of foreign trade with goods and with services, where have been discovered relatively surprising results (the weakest economy in terms of services has been Germany), but consequently the article analyses relations between export development, foreign trade development, and GDP development. In theoretical point of view, export is considered to be independent on domestic product, and economically weak countries are usually considered to be more dependent on export (in terms of GDP development). This fact has been proved during analysis, where especially V4 countries are strongly dependent on export. However, the final impact of net balance of foreign trade on GDP is relatively weak in all V4 countries, which is relatively surprising fact again. Detail description of results is in this article.

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

50602 - Public administration

Project

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Continuities

S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2018

Confidentiality

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

Article name in the collection

European financial systems 2018

ISBN

978-80-210-8980-8

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

299-306

Publisher name

Masarykova univerzita

Place of publication

Brno

Event location

Brno

Event date

Jun 25, 2018

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000462948800038