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As a consequence of the new regionalism a marked increase in the number of regional groupings can be observed which makes the preferential relations between states even more complicated and complex. One of such complex relationships, which did not come to being during the third wave of...
Persistent link: https://www.econbiz.de/10005036567
effects of globalisation should be especially stressed) Political Economy and its views on the theory of Regionalism might be …
Persistent link: https://www.econbiz.de/10005036590
The paper deals with the phenomenon of globalization. The author finds globalization highly questionable concept because there is deep disunity about its definition among the authors. In the first part of the paper different concepts of globalization are summed up. According to author´s view...
Persistent link: https://www.econbiz.de/10008545889
Persistent link: https://www.econbiz.de/10001218876
The aim of this paper is to describe the current situation of the least developed countries (LDCs). After briefly explaining their historical development, this paper presents the current definition criteria for LDCs as well as their up-to-date list. The position of the LDCs within the...
Persistent link: https://www.econbiz.de/10005036328
Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported...
Persistent link: https://www.econbiz.de/10005036595
Economic globalisation can be defined as growing interdependence of financial and goods and services markets in the … international scale. The important part of globalisation form supranational corporations, which are reaction on the rising … competitiveness and need for strategic alliances. The more open is the economy, the more important are the effects of globalisation on …
Persistent link: https://www.econbiz.de/10008577442
The objective of this article is to provide a survey of basic facts about process of globalization. We can define globalization as the international economic integration through particular markets. Globalization is largely continual and objective process that began approximately in the middle of...
Persistent link: https://www.econbiz.de/10005036652
The exchange rate cannot significantly diverge from a (real) long-term equilibrium level consistent with the macroeconomic picture of an economy for a long period of time; otherwise, the economy suffers from macroeconomic imbalances such as below-potential growth and below natural employment, or...
Persistent link: https://www.econbiz.de/10005103172
This paper deals with the narrowing the income gap between the Central and East European New Member States (NMS-5) and the EU-25 and with the trade-off between the real and nominal convergence. The methodology is based on international standards enabling comparisons of macroeconomic indicators,...
Persistent link: https://www.econbiz.de/10005036693