J 2011

Czech trade intregration over the last two decades

ŽÍDEK, Libor

Basic information

Original name

Czech trade intregration over the last two decades

Authors

ŽÍDEK, Libor (203 Czech Republic, guarantor, belonging to the institution)

Edition

Acta universitatis agriculturae et silviculturae Mendelianae Brunensis.. Brno, Mendelova univerzita v Brně, 2011, 1211-8516

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

RIV identification code

RIV/00216224:14560/11:00054458

Organization unit

Faculty of Economics and Administration

Keywords in English

Czech Republic; international trade; economic transformation

Tags

Reviewed
Změněno: 26/1/2012 14:52, doc. Ing. Libor Žídek, Ph.D.

Abstract

V originále

Development of international trade is (in our view) one of the greatest achievements of the transformation process in Eastern Europe. In the paper we illustrate this achievement by the example of the Czech Republic. We conclude that the economy has enormously changed from closed one with backward production and orientation towards the Eastern markets to one that is among the most open economies in the world, with nearly entire orientation towards the developed markets and with relatively advanced production. This development was partly a result of quick (and in our view brave) liberalization at the beginning of the transformation process. At the same time, we have to conclude that the level of dependency has enormously increased in the course of the respective period and the Czech economy is now highly dependent on the economic development of the main trading partners – foremost the other European countries. This dependency is largely positive but can bring negative aspects in the periods of economic decline.

Links

1M0524, research and development project
Name: Centrum výzkumu konkurenční schopnosti české ekonomiky
Investor: Ministry of Education, Youth and Sports of the CR, Research Centre for the Competitiveness of the Czech Economy