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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
said, overlapping of regional integrations. The aim of this comparative study is to analyze a current state and development … conclusions enabling an assessment of future development of subregionalism and its impact on regionalism in Europe and Asia are …
Persistent link: https://www.econbiz.de/10005036567
Process and its historical development; they take it as it is, and as if its future depended only on the interaction between … Integration Process in its broadness and complexity and, simultaneously, connect it with the development of Global (or Gloablized …
Persistent link: https://www.econbiz.de/10005036590
the context and the historical development of the prices of oil and the reactions of the market subjects. We discuss … main contemporary causes of the growth of the oil prices. We come to the conclusion that the main causes are connected with …. Consequently, we concentrate on the impacts of the growth of the oil prices on the world economy. We found out that the impact is …
Persistent link: https://www.econbiz.de/10005036604
Even though the efforts to foster global economic governance have been a longstanding issue of global economic policies, their effectiveness has been questioned by the current crisis. The crisis has revealed many systemic issues that would require global solutions on the one hand, but on the...
Persistent link: https://www.econbiz.de/10008784822
Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic … total factor productivity. On the demand side the growth was pulled by domestic demand and the contribution of foreign trade … process of real convergence accelerated in the years 2001-2007 and was based on the growth of labour productivity. In 2008 the …
Persistent link: https://www.econbiz.de/10008509955
domestic saving, investment, and world capital mobility, which is based on the level of economic development of a country. The …
Persistent link: https://www.econbiz.de/10005036654
Economic growth of the Czech Republic differed strongly in two periods: 1996-1999 and 2000-2004. While in the first … period the economy was hit by the recession and the average annual rate of growth of GDP reached only 0,9 %, in the second … period the growth accelerated to 3,2 %. The economic growth measured by the indicators of real income (namely of real gross …
Persistent link: https://www.econbiz.de/10005036696
This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...
Persistent link: https://www.econbiz.de/10005036701
Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first … period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The … economic growth measured by the indicators of real income (namely of real gross domestic income) was faster. This was caused by …
Persistent link: https://www.econbiz.de/10008754966