scholarly journals The competitiveness of Czech agrarian trade within the context of the global crisis

2013 ◽  
Vol 59 (No. 4) ◽  
pp. 183-193 ◽  
Author(s):  
L. Smutka ◽  
J. Burianová

World trade underwent a significant shock within the recent years, which caused a decline in the world economy primarily in the year 2009. Within the following years (2010 and 2011), the high rate of growth from the years preceding the crisis could not be restored. The crisis had an impact on all segments of the merchandise trade, whereby the trade in agricultural and food products was affected the least by the crisis. In the case of the Czech Republic, the crisis of the global and national economy was reflected in the case of agricultural trade primarily by the way of a decline in the rate of the growth of export, which was very high in the period prior to the crisis. As far as the territorial structure and commodity structure of agricultural trade is concerned, their development in the years 2008–2011 was not affected in any largely significant manner. In relation to the main objective of this article, which was to identify the effects of the crisis on the competitiveness of Czech agricultural trade, it may be stated that the crisis itself did not worsen the competitiveness of agricultural trade in any significant manner.  

2010 ◽  
Vol 56 (No. 4) ◽  
pp. 163-175 ◽  
Author(s):  
M. Svatoš ◽  
L. Smutka

This paper analyses the development of agricultural foreign trade in Austria, Hungary and the Czech Republic with the aim of uncovering the changes that have impacted the Central European agricultural trade over the ten year period (1999–2008). It issues from the results of the analysis of agricultural trade in the aforementioned countries, which has changed dramatically in terms of the commodity structure, the territorial structure and primarily the value structure. The main changes to have caused most of the changes to the individual characteristics of agricultural foreign trade in the particular countries under analysis are the process of the EU enlargementy, the adoption of obligations to ensue from the EU membership and the concentration in the internal market of the EU countries. We can see the actual changes in the commodity and territorial structure of the trade carried out in the individual countries under analysis. The changes which have occurred resulted in a dominant share of the member countries of the EU 27 in the agricultural trade of the individual countries under analysis.


2012 ◽  
Vol 58 (No. 5) ◽  
pp. 222-238 ◽  
Author(s):  
M. Svatoš ◽  
L. Smutka

The paper analyzes the development of the value, commodity and territorial structure and competitiveness of agricultural trade of the countries of the Visegrad Group in 1993–2008. Over the years, there has been a sharp increase not only to the volume, but also to the value of the traded agricultural products. The territorial structure of both exports and imports has narrowed to a decisive extent, primarily to the trade with the countries of the EU27. The commodity structure of agricultural trade has adapted very strongly both to the world and especially to the European market and it has furthermore reacted to the changes in the structure of the individual national markets. In the course of the years, the commodity structure has profiled so that there has been a limitation of aggregation with a strong comparative advantage on the market of the EU countries in relation to the aggregations that did not held this advantage. The analysis that has been performed indicates that the process of the accession to the EU has been reflected positively in the results of agricultural trade especially in the case of Poland. In the case of the Czech Republic and Slovakia, the entry into the EU likewise has not led to a worsening of the results in the area of agricultural trade. Only in the case of Hungary, one does find serious structural problems after the entry into the EU in the case of agricultural trade. It can be assumed that these problems can be attributed for the most part to the Hungary’s current economic problems.    


2000 ◽  
Vol 172 ◽  
pp. 33-61
Author(s):  
Nigel Pain ◽  
Paul Ashworth ◽  
Dawn Holland ◽  
Florence Hubert ◽  
Dirk Willem te Velde

Global economic activity has continued to gain momentum in recent months and a cyclical upturn is now clearly underway. The rate of growth of world GDP is projected to rise to just under 4¼ per cent this year, from an estimated outturn of 3.4 per cent last year. Growth is expected to accelerate in all the major regional markets for the first time since 1994. The improving economic prospects are already apparent in the trade statistics for the latter part of last year. World trade growth, measured in terms of merchandise trade volumes, is expected to rise by 9 per cent this year from 5½ per cent in 1999.


2001 ◽  
Vol 175 ◽  
pp. 29-58

World economic activity is estimated to have risen by 4¾ per cent in 2000, the fastest rate for more than a decade. Growth accelerated in all the major geographical areas last year, with GDP rising by an estimated 4.2 per cent in the OECD economies and activity recovering strongly in many developing countries in Asia, Latin America and Eastern Europe. World trade was exceptionally buoyant, with merchandise trade volumes rising by an estimated 13 per cent. However there is now clear evidence that the growth of the global economy has passed its peak.


Author(s):  
Luboš Smutka ◽  
Jaroslava Burianová ◽  
Anna Belova

The objective of the presented article is to analyze Czech agricultural trade as a whole and primarily trade in relation to the six key trade partners, with an emphasis on the identification of changes in its structure and competitiveness that occurred within the period of the years 2008–2011. On the basis of the results of the conducted analyses, it may be stated that the problematic period of the years 2008–2011 did not affect the development of Czech agricultural trade in an especially negative manner (commodity and territorial structure did not change significantly), whether in relation to the analyzed partner countries (In the case of individual countries within the analyzed period, the value of export and import increased as follows: Germany: 1.5% per year and 0.1% per year respectively, Austria: 2.9% per year and −0.01% per year respectively, the Netherlands: −1.1% per year and −6.3% per year respectively, Italy: 8.7% per year and 7.3% per year respectively, Slovakia: 6.1% per year and −3.2% per year respectively, Poland: 3.5% per year and 11.1% per year respectively.), or in relation to the overall agricultural trade of the Czech Republic (Agricultural trade was able to face the stagnation of the global economy relatively very well. Only in the year 2009, there was a slight year-on-year decline in the value of agricultural export by approximately 5%, but, nevertheless, within the years 2010 and 2011, the value of agricultural trade increased year-on-year by approximately 3.6% and 14.8%, respectively.). Growth in the area of the development of the value of export as well as import remained preserved. The comparative advantage of Czech export remained preserved in the case of key aggregations. The strong aggregations of Czech agricultural export generally include CN 01, CN 04, CN 10, CN 11, CN 12, CN 13, CN 17, CN 21, CN 22 and CN 24.


1997 ◽  
Vol 6 (1) ◽  
Author(s):  
Alois Holub

Despite some inaccuracies originating chiefly in statistical discrepancies, the analysis has shown that the role of developing countries in foreign trade of the Czech Republic reveals a clearly downward trend. This is observable even in comparison with the prevailing trends characterizing trade relations between developing countries and transformation economies as a group. In view of the fact that developing countries including China and Vietnam have been the most dynamic segment of the world economy during the first half of the 1990s, this downward trend gives no reasons to satisfaction. Moreover, their trade has been growing at markedly rapid rates than GDP. In these circumstances, the falling share of developing countries in Czech exports and imports indicates that Czech trade tends to lose opportunities to grow.


2010 ◽  
Vol 27 (4) ◽  
pp. 23-44
Author(s):  
Ruzita Mohd. Amin

The World Trade Organization (WTO), established on 1 January 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), has played an important role in promoting global free trade. The implementation of its agreements, however, has not been smooth and easy. In fact this has been particularly difficult for developing countries, since they are expected to be on a level playing field with the developed countries. After more than a decade of existence, it is worth looking at the WTO’s impact on developing countries, particularly Muslim countries. This paper focuses mainly on the performance of merchandise trade of Muslim countries after they joined the WTO. I first analyze their participation in world merchandise trade and highlight their trade characteristics in general. This is then followed by a short discussion on the implications of WTO agreements on Muslim countries and some recommendations on how to face this challenge.


Author(s):  
Yilmaz Akyüz

The crisis demolished the myth that EDEs were decoupled from advanced economies and BRICS were becoming new engines of global growth. From 2011 onwards, with the end of the twin booms in commodity prices and capital inflows, growth in EDEs has converged downward towards the depressed levels of advanced economies from the very high levels achieved in the run-up to the global crisis and the immediate aftermath. Loss of momentum is particularly visible in economies that failed to manage the earlier booms prudently. In examining the spillovers from policies in major advanced economies and China to EDEs, the chapter introduces the notion of commodity-finance nexus wherein these markets reinforce each other during both expansions and contractions. The chapter concludes with a brief discussion of policies needed to put the world economy into decent shape and to avoid liquidity and debt crises in EDEs.


2021 ◽  
Vol 14 (3) ◽  
pp. 217
Author(s):  
Jiri Patocka ◽  
Kamil Kuca ◽  
Patrik Oleksak ◽  
Eugenie Nepovimova ◽  
Martin Valis ◽  
...  

Since December 2019, SARS-CoV-2 (COVID-19) has been a worldwide pandemic with enormous consequences for human health and the world economy. Remdesivir is the only drug in the world that has been approved for the treating of COVID-19. This drug, as well as vaccination, still has uncertain effectiveness. Drug repurposing could be a promising strategy how to find an appropriate molecule: rapamycin could be one of them. The authors performed a systematic literature review of available studies on the research describing rapamycin in association with COVID-19 infection. Only peer-reviewed English-written articles from the world’s acknowledged databases Web of Science, PubMed, Springer and Scopus were involved. Five articles were eventually included in the final analysis. The findings indicate that rapamycin seems to be a suitable candidate for drug repurposing. In addition, it may represent a better candidate for COVID-19 therapy than commonly tested antivirals. It is also likely that its efficiency will not be reduced by the high rate of viral RNA mutation.


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