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After the Visegrad countries’ accession to the EU in 2004, one of the most remarkable developments was the sudden upturn in their mutual trade. In 2007 the value of aggregate intra-Visegrad trade was two and a half times higher than in 2003. The rate of growth in these countries’ trade with...
Persistent link: https://www.econbiz.de/10009492718
Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension it is a helpful means in the modernization process of the CEE...
Persistent link: https://www.econbiz.de/10009649635
The share of knowledge-intensive services and products in total output and demand and in the production of advanced, but also less advanced or emerging economies, has steadily increased over time and especially so for the knowledge-intensive services. This ‘quaternization’ of the economies...
Persistent link: https://www.econbiz.de/10010820193