Economic situation in Norway after the outbreak of the global financial and oil crises in the context of EU integration trends

Lipková, Ľudmila; Hovorková, Katarína

doi:10.21003/ea.v169-02

Cited by 11 publications

(12 citation statements)

References 4 publications

(4 reference statements)

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“…The issue of the UK's and any EU Member State withdrawal at all is a theoretical topic to date since there has never been any withdrawal in the history of the European Union. Every Member State now has a right of withdrawal, and in particular, the advantages and disadvantages of EU membership should be discussed in terms of staying in the EU (Lipkova, Hovorkova, 2018). Today, the European Union is made up of 28 states, different economies.…”

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confidence: 99%

British-Slovak Foreign Trade Relations: Consequences of Brexit

Kordoš

2019

MMI

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The possibility of the UK's withdrawal from the European Union has never been more realistic and up-to-date since joining the European Communities (EC) as it is today. The UK is facing a unique situation. At present, this depends solely on the capabilities of European and British government officials, who negotiate the terms of withdrawal and future cooperation between the two entities. The main goal of this paper is based on the British – Slovak trade relations development analysis to figure out their impact within the Brexit consequences on the future Slovak economy and its current status in international economic relations. The paper also provides a basic overview of Brexit process and its possible impact on the EU's further functioning. Basic data will be drawn from generally accepted institutions, evaluating the UK and Slovak trade and economic performance. To accomplish this goal, methods such as analysis and comparison to illustrate the UK-Slovak foreign trade development, synthesis and logical deduction to discuss the Brexit impact on Slovak economic environment in the future are to be used; data from scientific and professional publications, periodical and non-periodical press. The paper presents the results of an empirical analysis, which showed that because of the size of economic relations between Slovakia and the United Kingdom and the number of goods and services being exported to the UK, the «hard» Brexit will be very unfavourable for Slovak foreign trade due to the possible tariffs being imposed. The research empirically confirms and theoretically proves that it can cause a significant weakening and slowdown in the Slovak economy. Either way, the upcoming Brexit process, that is the withdrawal of Great Britain from the European Union, would have a major impact not only on British, European but also on the world economy. The impact of Brexit on Slovakia's economy will not only be in reducing the possible growth of the economy, but also in employment and price increases. Keywords: EU single market, Britain's withdrawal from the EU, foreign trade policy instruments analysis, international economics, Slovak economy slowdown prediction, Slovak foreign trade commodity structure analysis.

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confidence: 99%

British-Slovak Foreign Trade Relations: Consequences of Brexit

Kordoš

2019

MMI

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“…The reason is not just the automation of processes but, in particular, the relocation of production capacities to less advanced economies and developing countries. According to Lipkova and Hovorkova (2018) the relocation of production capacities outside the country does not always concern just the production expansion, but also concerns labor costs. Of course, countries such as Germany, the US, France, are looking for countries where they will also place their manufacturing businesses under other criteria, such as:…”

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confidence: 99%

The Approach to Industry 4.0 within the Slovak Business Environment

2019

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Academics, executives and top managers have solid, but also diverse, views on the Industry 4.0 issue, as do the employment policymakers. Without urgent and targeted measures to manage the short-term transition and shape the labor force with the skills needed for the future, governments will have to face increasing unemployment and social impacts, while companies will have to deal with a sluggish consumer base. The main goal of this paper is to find out how managers are perceived and informed about the Industry 4.0 concept and how quickly these views are changing. To accomplish this goal, methods such as analysis, synthesis, statistical methods and logical deduction are to used along with the conducted survey being executed by a questioner method. The conducted survey presented by the authors in this paper aims to support the discussion and open up opportunities for further action by providing views to HR managers in strategic employers who are among the leading representatives of new trends and are the key actors in the implementation of future labor development strategies in the Slovak Republic.

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“…Basic knowledge will include information retrieval and orientation in Big Data, control of communication technologies, communication skills and others. Problematic is the fact that at present we cannot define what type of job positions will be created, and therefore we cannot define what requirements will be placed on the workforce, we rely only on partial knowledge (Lipkova & Hovorkova, 2018;De Castro et al, 2017). However, Gorlevskaya et al (2018) and Daňo et al (2020) reason that many schools and educational institutions already lack an effective curriculum to prepare people for the needs of labor market.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Industry 4.0 on Education Contents

Grenčíková

Kordoš

Navickas

2021

Business: Theory and Practice

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New jobs will be created because of the Industry 4.0 concept implementation needs, employers will require new, especially digital skills and abilities from their employees. There is a need to change teaching and educational techniques in all types of schools, and instead of being specialized narrowly in one area, education should focus on a much broader overview, as people need to be educated in systemic and interdisciplinary thinking at all types of schools, including nontechnical ones. The main goal of the study is to identify areas on which the content of education should focused on in the future in terms to Industry 4.0. As research methods, a questionnaire survey was conducted in Slovak companies during the period of February – June 2019 along with statistical methods. The survey was carried out by random selection, 350 companies were contacted with a return of 220 responses. The research outcomes declare that changes in workforce qualification structure related to the Industry 4.0 concept implementation should have a positive effect on increasing the competitiveness of companies and increasing production effectivity. Based on the results it is proposed the expected positive changes should be transformed into enforcing the vocational training in companies and structural changes within the Slovak educational system.

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Economic situation in Norway after the outbreak of the global financial and oil crises in the context of EU integration trends

Cited by 11 publications

References 4 publications

British-Slovak Foreign Trade Relations: Consequences of Brexit

British-Slovak Foreign Trade Relations: Consequences of Brexit

The Approach to Industry 4.0 within the Slovak Business Environment

The Impact of Industry 4.0 on Education Contents

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