Doing Business in Central Europe: the Slovak Republic and the Czech Republic Comparison

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F21%3AN0100574" target="_blank" >RIV/71226401:_____/21:N0100574 - isvavai.cz</a>

Result on the web

<a href="https://www.per-journal.com/wp-content/uploads/2021/08/DOING-BUSINESS-IN-CENTRAL-EUROPE1102.pdf" target="_blank" >https://www.per-journal.com/wp-content/uploads/2021/08/DOING-BUSINESS-IN-CENTRAL-EUROPE1102.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Doing Business in Central Europe: the Slovak Republic and the Czech Republic Comparison

Original language description

At the time of globalization the business environment of the country has a crucial impact on its attractiveness for investments and the economic development. The aim of this paper is to discover the effectiveness of developing attractive doing business environment in the Slovak Republic and the Czech Republic. As a methodological basis in the current paper were used the Global Competitiveness Report, Doing Business Index, the Index of Economic Freedom and their corresponding indicators to analyze the business environment and the attractiveness of the countries in terms of foreign direct investments. We examined the ranking of both countries in the relevant international rankings of indices impacting the business environment, as well as in terms of FDI attractiveness. The results show that the Czech Republic is more successful in terms of doing business. Based on the results we can conclude that the main advantages of Czech Republic compared to Slovakia are the higher effectiveness in terms of administrative requirements and entrepreneurial culture, getting electricity access, protecting minority investors, resolving insolvency and all economic freedom indicators except for investment freedom.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

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

Name of the periodical

Pressburg Economic Review

ISSN

2754-2556

e-ISSN

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Volume of the periodical

1

Issue of the periodical within the volume

1

Country of publishing house

GB - UNITED KINGDOM

Number of pages

10

Pages from-to

9-18

UT code for WoS article

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EID of the result in the Scopus database

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