scholarly journals Impact of China’s Growing Global Position on the Economy of the Czech Republic

2021 ◽  
Vol 92 ◽  
pp. 09017
Author(s):  
Kamila Veselá ◽  
Linda Pudilová
Keyword(s):  
Czech Republic ◽  
Growth Rates ◽  
Value Added ◽  
High Growth ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
The Czech Republic ◽  
Republic Of China ◽  
Mutual Relations

Research background: The People’s Republic of China in the 21st century can be described as an economy with high growth rates and great ambitions. Some statistics even indicate that China will become the world’s new hegemon by 2040. The People’s Republic of China is not only one of the largest exporters but is increasingly speaking to the world economy and international relations. Since the beginning of the 1990s, mutual relations between the People’s Republic of China and the Czech Republic can be described as very good and constantly deepening, which can be evidenced, among other things, by the number of trade agreements. Purpose of the article: Purpose of the article is to evaluate a development of mutual relations between Czech and Chinese economies in order to predict their future development. Emphasis will be placed on the development of mutual trade through the evaluation of absolute and relative indicators and growth rates. Methods: The paper is based on secondary data from the database of the Czech Statistical Office. The key methods used in the article are the analysis of time series of real products of the Czech Republic and China and their foreign trade. The analysis focuses on the trend, deviations and development of absolute and relative indicators. Findings & Value added: The results of the analysis proved that the Chinese economy is growing on average more than twice as fast as the Czech economy. Because of that, the economic/living standards of the population of both countries are converging. The growth rate of the People’s Republic of China, together with its high spending on science and research, means that (if this trend is maintained) China is likely to become the world’s new hegemon in the near future.

scholarly journals Gender Motivation Differences of Czech and Chinese Employees

2019 ◽  
Vol 28 (1) ◽  
pp. 48-58
Author(s):  
Lenka Ližbetinová ◽  
Miloš Hitka
Keyword(s):  
Czech Republic ◽  
Descriptive Statistics ◽  
The Other ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
The Czech Republic ◽  
Republic Of China ◽  
Incentive Programs ◽  
And Gender ◽  
Level Of Motivation

The aim of the article is to identify significant differences in motivational preferences of employees of Small and Medium-sized Enterprises (SMEs) by comparing their membership to the region and gender. The paper presents the partial outcomes of research on the level of motivation and the preferences of employees in the Czech Republic and the Beijing municipality administration of the People’s Republic of China. The survey was carried out in 2017 using a questionnaire. The questionnaires were distributed in small and medium-sized enterprises engaged in various areas of business. The sample included the entire territory of the Czech Republic (CR) and the Beijing municipality administration in the People’s Republic of China (PRC). A total of 2,673 respondents participated in the survey, of which 899 were respondents in the Beijing municipality administration and 1,774 respondents from the Czech Republic. Descriptive statistics was used to characterize the sampling unit. The other methods used to evaluate data in the article were the Student two-sample t-test, F test, and ANOVA. The differences in motivational preferences of employees revealed by the study can be used as a basis for creating appropriate incentive programs for multinational business teams.

scholarly journals Sustaining Growth of the People's Republic of China

2015 ◽  
Vol 32 (1) ◽  
pp. 31-48 ◽  
Author(s):  
Justin Yifu Lin ◽  
Fan Zhang
Keyword(s):  
Large Scale ◽  
High Growth ◽  
Developed Countries ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China ◽  
Technological Gap ◽  
Long Run ◽  
Near Future

This paper reviews economic growth theory in the framework of economic development and explores the possibility of sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain relatively high growth rates. First, since the technological gap with major developed countries still exists, the PRC can continue to enjoy its “advantage of backwardness” in the near future. Second, large-scale infrastructure investment, which began several decades ago, may possibly extend to the future and provide the country a basis for further growth. Third, structural readjustment, which is needed in many areas, should similarly be able to support the Chinese economy. This paper argues that to sustain long-term growth in the PRC, a number of general preconditions need to be fulfilled—these include well-functioning markets, a minimum amount of investment, continued structural upgrading, and effective government.

scholarly journals Comparison of neural networks and regression time series in estimating the Czech Republic and China trade balance

2019 ◽  
Vol 61 ◽  
pp. 01023 ◽  
Author(s):  
Zuzana Rowland ◽  
Petr Šuleř ◽  
Marek Vochozka
Keyword(s):  
Neural Networks ◽  
Time Series ◽  
Czech Republic ◽  
Linear Regression ◽  
Trade Balance ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
The Czech Republic ◽  
Republic Of China ◽  
China Trade

Foreign trade has been and is considered to be very important. Trade balance measurement provides one of the best analyzes of a country's external economic relations. It serves as a monetary expression of economic transactions between a certain country and its foreign partners over a certain period. The aim of this paper is to compare the accuracy of time series alignment by means of regression analysis and neural networks on the example of the trade balance of the Czech Republic and the People's Republic of China. Trade balance data between the Czech Republic and the People's Republic of China is used. This is a monthly balance starting in 2000 and ending in July 2018. First, a linear regression is made followed by regression using artificial neural networks. A comparison of both methods at expert level and experience of the evaluator, the economist, is performed. Optically, the LOWESS curve appears to be best out of the linear regression and the fifth preserved RBF 1-24-1 network seems the mot appropriate out of neural networks.

Past and future of the chinese economy (on the book by j. y. lin “demystifying the chinese economy”)

2014 ◽  
pp. 143-153
Author(s):  
A. Maltsev
Keyword(s):  
Market Economy ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
Economic Decline ◽  
People's Republic Of China ◽  
Success Story ◽  
Republic Of China ◽  
Comparative Advantages ◽  
Economic Modernization

The article is a review of the book “Demystifying the Chinese Economy” written by the famous Chinese economist J. Y. Lin. The book is about the China economic decline in the XVIII - beginning of the XX centuries; Lin also analyzes the country’s uneasy path towards market economy. Special attention according to the author should be paid to the success story of socio-economic modernization of People’s Republic of China in the last decades, which Lin explains using the comparative advantages concept.

scholarly journals TECNOLOGÍA, INDUSTRIA Y MERCADOS EN LA CONFRONTACIÓN ESTADOS UNIDOS-REPÚBLICA POPULAR CHINA

2021 ◽  
Vol 80 (318) ◽  
pp. 126
Author(s):  
Miguel Ángel Rivera Ríos ◽  
Josué García Veiga
Keyword(s):  
United States ◽  
Modular Design ◽  
The United States ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Technology Markets ◽  
Republic Of China ◽  
Technology Industry ◽  
Two Generations

<p align="center"><strong>RESUMEN</strong></p><p>En menos de dos generaciones la República Popular China se convirtió en una superpotencia industrial y en la segunda economía del mundo. Las cadenas globales de valor transformaron a la economía china y ésta a su vez las transformó, produciendo un cambio en la estructura mundial. La simbiosis económica con Estados Unidos (EE. UU.) ha sido el eje de esos procesos, en torno a los cuales concurre la codependencia tecnológica, la aceleración de la innovación a través del diseño modular y la formación de mercados globales de tecnología. El pasaje a la etapa de bajo crecimiento mundial puso en tensión la referida relación, poniendo al descubierto la desconcentración de la hegemonía estadounidense. Estas tensiones han trasformado la relación conductiva en un conflicto entre ambas superpotencias. El motivo real de dicho conflicto es la resistencia de EE. UU. a adaptarse a las implicaciones de la presencia china en el mundo.</p><p> </p><p align="center">TECHNOLOGY, INDUSTRY AND MARKETS IN THE UNITED STATES-PEOPLE'S REPUBLIC OF CHINA CONFRONTATION</p><p align="center"><strong>ABSTRACT</strong></p>In less than two generations, the People’s Republic of China became an industrial superpower and the world’s second largest economy. Global value chains transformed the Chinese economy, which in turn transformed them, bringing about a change in the global structure. The economic symbiosis between China and the United States has been the axis of these processes, which have involved technological co-dependence, the acceleration of innovation through modular design and the creation of global technology markets. The transition to the stage of low world growth put a strain on this relationship, exposing the deconcentrating of US hegemony. These tensions have transformed the conductive relationship into a conflict between the two superpowers. The real reason for this conflict is the US resistance to adapt to the implications of China’s presence in the world.

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