The EU Member States Export Competitiveness and Productivity

Fojtíková, Lenka; Staníčková, Michaela

doi:10.18267/j.polek.1169

Cited by 16 publications

(14 citation statements)

References 16 publications

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“…There was no formal mechanism for leaving the EU before this Treaty. It is rather short -only five paragraphs -which state that any EU Member State may decide to leave the EU, and negotiate with the EU on the EU withdrawal; a two-year transition period can be set if both sides agree; and that the leaving State cannot participate in internal discussions about leaving the EU (Fojtikova, Stanickova, M. 2017).…”

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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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“…With regard to the emergence of new technologies, the improvement of temperature, humidity and other measurable and controllable working conditions affecting workplace comfort is to be expected. According to Fojtikova and Stanickova (2017) factors such as security with the help of rapid detection and increased protection in case of accidents, the presence detection of gases, harmful radiation, and fire hazards including their prevention and efficient automated disposal, will also be enhanced. The possibilities for communication and cooperation will change completely, and more and more emphasis will be put on ergonomic, exhalation reduction and environmental protection.…”

Section: Discussionmentioning

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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“…According to ITC (2019), Balaz Several Central and Eastern European (CEE) authors pointed out necessary and vital role of export performance for some CEE economies [17], nevertheless, only few deals with export structure as an analysis filtering the effect of transnational corporations (TNCs) presence decreasing active participation within GVCs and subsequent value-added creation. Among number of distinguished authors, mainly Fojtikova (2016) and Fojtikova and Stancikova (2017) stress the composite indexes as an appropriate methodology to measure the competitiveness in foreign markets [12,13]. According to Bojnec and Fertő (2014), the export competitiveness on third countries´ markets should be analysed traditional approach of Balassa´s RCA indicator [6].…”

Section: Literature Review and Methodologymentioning

confidence: 99%

Competitiveness of the Slovak Republic as a Determinant of its Success in Third Country Markets

Zábojník

Borovská

2021

SHS Web of Conf.

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Research background: Despite long-term goals of the economic strategy of the Slovak Republic, the Slovak competitiveness on the third countries´ markets is relatively weak considering the long tradition in the export activities of the Czechoslovak companies in the past. In terms of the international trade orientation, we note that the method of the Slovak economic strategy is mainly the pro-export support and placement of the Slovak production on foreign markets. Given the openness of the Slovak economy, competitiveness within these markets is crucial and proves the relevance of the research. Slovak Strategy of the External Economic Relations defines two groups of the priority territories for the support and subsidizing of the Slovak exports. Purpose of the article: The paper assesses the results of the strategy supporting the Slovak companies on the third markets and an aim of the paper is to define the key indicators of the competitiveness of the Slovak Republic on the third markets of the prioritized territories. Methods: Authors use basic indicators (export volumes, market share, RCA) as well as export gap method. Findings & Value added: The study indicates only a very small progress in the catching-up process of the Slovak companies in case of export competitiveness in the preferential territories outside of the EU. A comprehensive comparison of the V4 countries was realized and recommendations for a new strategy were formulated.

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The EU Member States Export Competitiveness and Productivity

Cited by 16 publications

References 16 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

Competitiveness of the Slovak Republic as a Determinant of its Success in Third Country Markets

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