NEVIMA, Jan. International Trade and the Competitiveness of Czechia as the Fundamental Determinants of Economic Growth. Online. In Emerald Publishing Limited. Modeling Economic Growth in Contemporary Czechia (Entrepreneurship and Global Economic Growth). Emerald Publishing, Floor 5, Northspring: Emerald Publishing Limited, 2024, p. 35-49, 16 pp. First edition 2024. ISBN 978-1-83753-840-9. Available from: https://dx.doi.org/10.1108/978-1-83753-840-920241003.
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Basic information
Original name International Trade and the Competitiveness of Czechia as the Fundamental Determinants of Economic Growth
Authors NEVIMA, Jan (203 Czech Republic, guarantor, belonging to the institution).
Edition Emerald Publishing, Floor 5, Northspring, Modeling Economic Growth in Contemporary Czechia (Entrepreneurship and Global Economic Growth), p. 35-49, 16 pp. First edition 2024, 2024.
Publisher Emerald Publishing Limited
Other information
Original language English
Type of outcome Chapter(s) of a specialized book
Field of Study 50200 5.2 Economics and Business
Confidentiality degree is not subject to a state or trade secret
Publication form electronic version available online
Organization unit School of Business Administration in Karvina
ISBN 978-1-83753-840-9
Doi http://dx.doi.org/10.1108/978-1-83753-840-920241003
Keywords in English International trade; systemic competitiveness; economic growth; ranking; commodity structure; territorial structure
Changed by Changed by: doc. Ing. Jan Nevima, Ph.D., MBA, učo 49344. Changed: 10/7/2024 09:22.
Abstract
The aim of this chapter is to draw attention to the changes that have taken place in Czechia in the last 20 years in the field of foreign trade, focussing on the key milestones of 2002, 2012 and 2022. The chapter also explains the important link between the performance of foreign trade and economic growth; this link has its support in theory, and above all in empiricism. The importance of foreign trade for economic growth is key, especially from the point of view of changes in the territorial and commodity structure, which saw several important changes in the observed period 2002–2022, so we can relevantly explain the effects on the economic growth of Czechia. However, the chapter finds a connection with yet another economic category, which is competitiveness. The method of measuring and subsequent ranking of competitiveness is also of utmost importance. If the economy is to be competitive, it must have its own strategy, and this directly concerns the key instruments of pro-export policy.
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