scholarly journals Price Convergence of the EU Countries since the Eastern Enlargement and its Impacts on the Czech Republic

2021 ◽  
Vol 69 (4) ◽  
pp. 393-412
Author(s):  
Martin Gorčák ◽  
Stanislav Šaroch ◽  
Josef Bič
1998 ◽  
Vol 165 ◽  
pp. 54-65
Author(s):  
Julian Morgan ◽  
Florence Hubert ◽  
Dawn Holland ◽  
Dirk te Velde ◽  
Véronique Genre

Activity picked up markedly in the EU area last year; growth was estimated to have been 2.6 per cent compared with 1.8 per cent recorded in 1996. However the aggregate movement masks some significant divergences in economic performance. Growth was relatively modest, at between 2–2½ per cent in Germany, France and Austria, whilst Italy and Sweden recorded growth rates below 2 per cent for the second year running. The fastest growth was achieved in the Irish Republic where output expanded by over 10 per cent last year, following cumulative growth of 27 per cent in the previous three years. Finland also recorded rapid growth of nearly 6 per cent and nearly all the remaining EU countries enjoyed growth rates of 3 per cent or above. Outside the EU, activity remained robust in Norway, Poland and Hungary but was markedly weaker in the Czech Republic and Switzerland. Indeed real GDP has barely changed in Switzerland since 1990, partly reflecting the strength of the Swiss franc, although there are now signs that growth will be stronger in 1998 as the franc has depreciated since the end of 1995.


1998 ◽  
Vol 7 (2) ◽  
Author(s):  
Petr Chvojka

As EU Eastern enlargement draws nearer, CEE countries - especially those with the best chance to become EU members in the first group - have to get prepared for the EU environment, where they will be exposed to new competitive pressures. They have to increase their performance and overcome their low level of competitiveness, existing in spite of their recent relatively successful transition from command to market economy. Even though they are not a homogeneous group of states, at minimum those of them, the application of which for joining EU are dealt with, show despite the existing differences certain common features of their hitherto transformation (including restructuring) development (we take into account the Czech Republic, Hungary and Poland).


2021 ◽  
Vol 12 (2) ◽  
pp. 121-134
Author(s):  
Aneta Pivoňková ◽  
Jana Tepperová

Abstract The anti-tax avoidance directive (ATAD) implemented in the EU countries in 2019 has brought, among other things, a common rule for tax-deductibility of exceeding borrowing costs of corporate taxpayers – the interest limitation rule. For interest limitation, the Czech Republic had so far used the so-called safe haven thin capitalisation rule. With the implementation of ATAD, companies need to test not only the thin capitalisation rule but also the new interest limitation rule according to ATAD. This paper aims to review the impact of the new interest limitation rule on the 200 largest Czech companies by their 2017 revenue as recorded in the Albertina database. Results covering the new rules, i.e. following the ATAD implementation, are being compared to the situation before the implementation. Most of the analysed companies seem unaffected by the new interest limitation rule. The analysis also showed that most of the analysed companies do not imply exceeding borrowing costs, either before or following the ATAD implementation.


2010 ◽  
Vol 19 (1) ◽  
pp. 54-73 ◽  
Author(s):  
Markéta Arltová ◽  
Jitka Langhamrová

2008 ◽  
Vol 54 (NO. 7) ◽  
pp. 333-342
Author(s):  
D. Nerudová ◽  
P. David

There still exist the differences in the legal frame of VAT, its interpretation and application of the rules in practice between the EU member states. The application of VAT during providing management services to an enterprise in other EU state directly or through a subsidiary in the state of the recipient is different as well. Questions of the VAT application during the provision of management services were searched by using standard methods of the scientific work in the frame of five selected EU countries – Hungary, Poland, Romania, Slovakia and the Czech Republic.


2010 ◽  
Vol 56 (No. 4) ◽  
pp. 176-182 ◽  
Author(s):  
L. Svatošová

Demographic development of human society is influenced by economic and political changes. The demographic development of most EU countries, including the Czech Republic, is characterized by the change of the age structure, the increase in the share of the third biological generation and thereby by aging of the population. These changes do not proceed with the same intensity in all countries; there are differences in the development, both among the EU countries and also the regional ones in the frame of the country. The paper presents an evaluation of the demographic development in the EU countries and further in the particular CR regions. The aim is to judge the regional differentiation of this development and to find an analogy of the EU countries.


Author(s):  
Luboš Smutka ◽  
Michal Steininger ◽  
Mansoor Maitah ◽  
Eva Rosochatecká

This paper discusses the development of consumer prices in the Czech Republic within the context of food prices in the European Union and the global market. The article is identifying the development of the foodstuff consumer prices in the market in the Czech Republic in relation to World and European consumer prices. Subsequently, the development of food consumer prices in the Czech market is analyzed in relation to selected commodities and products marketed in the Czech retail chains. Lastly, the status of individual retail chains in the Czech market is defined and the consumer prices and price differences existing amongst the selected major chains operating on the Czech market are analyzed. In relation to the objectives of this article it is then possible to state the following: prices on the Czech market correlate very strongly, especially in relation to the EU countries markets, but are very weak in relation to the world market. The sensitivity of the Czech consumer prices is very high – it is very flexible towards changes within the framework of the prices levels on the market of the EU but, by contrast, it is completely inflexible in respect to the changes in the prices levels on the world market. The Czech Republic follows the general development price trends existing in the EU countries markets.The growth in food prices on the Czech market is very close to the average growth rate of the food prices index in the EU market. Regarding the prices development on the Czech Republic market, it can be noted that, in relation to particular segments of the commodity food prices, the most dynamic growth was recorded in the case of fruit and vegetables, oils and fats, dairy products, fish and seafood, poultry, beef and cereals and bakery products.It is also important to mention that in the Czech Republic there are no uniform price levels between individual regions. In respect to the nature of the Czech retail market, a comment should be made that on the one hand it is very concentrated – a relatively small number of players control the character of the market – nevertheless, but in comparison with the European average, it can be said that the market is highly competitive, since none of the market subjects clearly dominates. Individual retail chains in their pricing policies more or less follow the general price trends and tendencies, reflecting the development of the domestic market and in, particular, the EU market.


Author(s):  
Renata Černíková

The paper analyses key movement forces in the dairy industry in the Czech Republic and evaluates their importance in the industry and their influence on the following development of the dairy industry in the Czech Republic.The current most important key movement forces in the dairy industry in the Czech Republic are identified: changes in the long-term industry growth rate and marketing innovations. There is space for growth of the industry – the average consumption of the milk products in the Czech Republic per inhabitant 225,1 kg in 2002 is almost by 17% lower than in 1989 (269 kg per inhabitant) and also by 10% lower than the current average consumption in the EU countries (250 kg per inhabitant). There is also space for increase exports from the Czech Republic into the EU countries. The liberalization of the foreign trade with cheeses and curds – “double-zero variation” was positive for the Czech Republic in the first year after the introduction. The share of the import of cheeses and curds on the total export from the EU decreased from 24.6% to 15.5%, and the share of the export of cheeses and curds on the total export from the CR into the EU increased from 10.1% to 19.7%.The key movement forces in the dairy industry in the Czech Republic also are changes in the cost effectiveness; the foreign capital; and key forces resulting from the factors in the macro-environment – the integration of the Czech Republic into the European Union, the government interventions and changes in the government policy.


2021 ◽  
Vol 19 (4) ◽  
pp. 283-300
Author(s):  
Olha Mulska ◽  
Olha Levytska ◽  
Volodymyr Zaychenko ◽  
Taras Vasyltsiv ◽  
Olha Ilyash

The growing Ukrainian migration towards EU countries determines the need for evaluation of pull factors shaping their environment to regulate these processes better. The study aims to assess the EU’s pull environment attracting migrants, and evaluate the elasticity of Ukrainian total and labor migration to the change of social and economic factors in EU countries. The data are collected for the period from 2005 to 2018. The method involves weighting the indicators and sub-indices with the following calculating partial and integral indices of the pull environment of migration for selected EU countries (the Czech Republic, Germany, Hungary, Poland, Italy, Portugal, Greece, and Spain) and the EU-28. During 2005–2018, the integral level of pull environment of migration in the EU-28 was above average, whereas the most attractive countries for external migrants were Germany, the Czech Republic, Spain, and Italy. In terms of the intensity of total migration from Ukraine in 2018, Poland (236.06 departures per 1,000 Ukrainians), Hungary (73.6), Germany (12.6), and Italy (7.3) are among the main destinations. While the intensity of Ukrainian migration is high, its growth rate depends on the time lag (different elasticities in the medium and long run). The integral analysis of the pull environment has a practical value allowing to conduct migration intensity and elasticity evaluation, as well as the cross-country pull-factor analysis (pull strength) for substantiating the improvement of regulatory and methodological provisions of migration policies for both Ukraine and the hosting EU states. AcknowledgmentThe study has been conducted within the framework of applied research “Mechanisms of the proactive policy for reducing social vulnerability of the population (based on the Carpathian region of Ukraine)” (M. Dolishniy Institute of Regional Research of National Academy of Sciences of Ukraine, Reg. No. 0121U112014, 2021–2023).


2008 ◽  
Vol 54 (No. 4) ◽  
pp. 166-175 ◽  
Author(s):  
M. Štolbová

The delimitation of less-favoured areas (LFA) on the territorial and the farm level in the EU member states varies in many ways. The Commission emphasizes the unification of criteria on the territorial level. But the EU countries use very different criteria for the eligibility area definition and for the eligibility on farm level. This makes the comparison very difficult. The CR belongs to the countries with a lower level of differentiation of payments rates. The eligibility area is restricted to the grassland in the CR and degresivity of payments is not applied. In particular, collective farms as the owners’ association play an important social role in the country of the Czech Republic and some other countries in the Central and Eastern Europe. It would be necessary to find such differentiation of payment system that would reflect these specific conditions. The holdings with different size and different form of farming as well as the effect of other subsidies to holdings should be taken into account. The support potential within the axis III of the Rural Development Program would be necessary strengthen to elimination of the adverse impact due to further lay-off of the employees in agriculture


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