Acta Univ. Agric. Silvic. Mendelianae Brun. 2016, 64(6), 1843-1856 | DOI: 10.11118/actaun201664061843

Regional Cooperation of the Post-Soviet Countries - Can it Be Influenced by the Structure of the Economy?

Irena Benešová1, Luboš Smutka1, Lenka Rumánková1, Adriana Laputková2, Zuzana Novotná3
1 Department of Economics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic
2 Department of Languages, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic
3 Department of statistics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic

In recent decades, economic development has largely been influenced by globalisation of the world economy. Regional cooperation represents a certain alternative for the ongoing globalisation and concerns establishment of geographically larger markets. Through regional integration, countries are better able to react to changes in the external environment and therefore a larger market scale enables better marketing opportunities.
The conclusion of this research is the fact that despite significant differences between, for example, GDP per capita or the economic growth, there is still similarity in the business cycle or even GDP creation when private consumption and stockbuilding play the key role. In addition, most of the countries mentioned have a negative contribution of export to their GDP, which is closely related to the structure of export itself and its dependency on primary products.

Keywords: Post-Soviet countries, GDP creation, regional cooperation, private consumption, stockbuilding
Grants and funding:

This paper was supported by Grant Agency of the Faculty of Economics and Management, Czech University of Life Sciences Prague: Is there any possibility for functional cooperation of the post-Soviet countries? [nr. 20161014].

Prepublished online: December 21, 2016; Published: January 1, 2017  Show citation

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Benešová, I., Smutka, L., Rumánková, L., Laputková, A., & Novotná, Z. (2016). Regional Cooperation of the Post-Soviet Countries - Can it Be Influenced by the Structure of the Economy? Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 64(6), 1843-1856. doi: 10.11118/actaun201664061843
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