Acta Univ. Agric. Silvic. Mendelianae Brun. 2011, 59(7), 507-518 | DOI: 10.11118/actaun201159070507

Czech trade integration over the last two decades

Libor Žídek
Katedra ekonomie, Ekonomicko-správní fakulta Masarykovy univerzity, Lipová 41a, Brno, 602 00, Česká republika

Development of international trade is (in our view) one of the greatest achievements of the transformation process in Eastern Europe. In the paper we illustrate this achievement by the example of the Czech Republic. We conclude that the economy has enormously changed from closed one with backward production and orientation towards the Eastern markets to one that is among the most open economies in the world, with nearly entire orientation towards the developed markets and with relatively advanced production. This development was partly a result of quick (and in our view brave) liberalization at the beginning of the transformation process. At the same time, we have to conclude that the level of dependency has enormously increased in the course of the respective period and the Czech economy is now highly dependent on the economic development of the main trading partners - foremost the other European countries. This dependency is largely positive but can bring negative aspects in the periods of economic decline.

Keywords: Czech Republic, international trade, economic transformation

Received: August 31, 2011; Published: January 26, 2014  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Žídek, L. (2011). Czech trade integration over the last two decades. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 59(7), 507-518. doi: 10.11118/actaun201159070507
Share...
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Czech Statistical Office (ČSÚ): Statistical Yearbooks 1990-2008 and statistic available on www.czso.cz.
    2. European Bank for Reconstruction and Development (EBRD): Selected economic indicators data, URL: http://www.ebrd.org/country/sector/econo/stats/index.htm (29. 4. 2009).
    3. Eurostat, http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&init=1&plugin=1〈uage=en&pcode=tet00037 (4. 4. 2011).
    4. GROS, D., STEINHERR, A., 2004: Economic Transition in Central and Eastern Europe, Cambridge University Press, Cambridge, 1st edition, ISBN 0-521-53379-1. Go to original source...
    5. IMF: World Economic Outlook Database, http://www.imf.org/external/pubs/ft/weo/2010/02/weodata/index.aspx (9. 10. 2010).
    6. JANDOVÁ, M., 2007: Komparace zahraničního obchodu Maďarska a Polska (1990-2006), ESF, CVKS WP 16/2007.
    7. JIRGES, T., PLCHOVÁ, B., 1996: Zahraniční obchod a národní ekonomika, VŠE, 1st edition, ISBN 80-7079-967-6.
    8. JONÁŠ, J., 1997: Ekonomická transformace v České republice, Management Press, Praha, 1st edition, ISBN 80-85943-22-0.
    9. KAPLAN, K., 1995: Československo v RVHP 1949-1956, Ústav pro soudobé dějiny AV ČR, Praha, ISBN 80-85270-43-9.
    10. MOTL, T., VAŠÍČEK, O., 2011: The structural View of the Czech Business Cycle. CVKS MU, Brno, working paper No. 1/2011.
    11. NĚMEC, D., ŽÍDEK, L: The role of foreign trade in the Czech development, in print.
    12. PLCHOVÁ, B., 2001: Zahraničně obchodní politika ČR v procesu asociace s EU, VŠE, Praha, ISBN 80-245-0195-3.
    13. PRŮCHA, V., 2000: Česká ekonomika: cesty stoletím. In: Ročenka HN 2000, Economia, a. s., Praha, 1st edition, ISBN 80-85378-48-5.
    14. STEINER, J., KROL, J.: Kapitoly z hospodářských a sociálních dějin Československa 1918-1989, Slezská univerzita, Karviná, 1997, ISBN 80-85879-80-8.
    15. ŠULC, Z., 1998: Stručné dějiny hospodářských reforem v Československu, Doplněk, Brno, 2nd edition, ISBN 80-7239-005-8.
    16. World Bank, http://data.worldbank.org/indicator/NE.EXP.GNFS.ZS (4. 4. 2011).

    This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content