scholarly journals Competitiveness Outlook of the Automotive Industry in the V4 Countries

2019 ◽  
Vol 12 (41) ◽  
pp. 24-33
Author(s):  
Tatiana Hlušková
Keyword(s):  
Automotive Industry ◽  
Labour Force ◽  
Supply Side ◽  
Technological Advancement ◽  
Demand And Supply ◽  
The Czech Republic ◽  
Cheap Labour ◽  
Self Driving Cars ◽  
Near Future ◽  
Take All

Abstract The aim of the paper is to analyze the possibilities of the automotive industry development in the V4 countries in the near future. Automotive is one of the most important industries in the Czech Republic, Hungary, Poland and Slovakia. However, it faces significant challenges on both the demand and supply side. The shortage of qualified and relatively cheap labour force, once the important comparative advantage of these countries is becoming a major problem in sustaining the competitiveness. Meanwhile the rise of protectionist policies and trade tensions also pose a significant threat to the exportoriented industry. The third important source of change is the technological advancement. Industry 4.0, electromobility and self-driving cars are reshaping the whole business model. In order to stay competitive, the V4 countries have to take all these factors in account and try to adjust their policies to these changes in environment.

scholarly journals Innovation environment in the Czech Republic

2010 ◽  
Vol 16 ◽  
pp. 67-75
Author(s):  
Michal Vančura ◽  
Tatiana Mintálová ◽  
Martin Blažek ◽  
Václav Toušek
Keyword(s):  
Czech Republic ◽  
Human Resources ◽  
New Technologies ◽  
Labour Force ◽  
Low Cost ◽  
Innovation System ◽  
Primary Source ◽  
International Perspective ◽  
The Czech Republic ◽  
Cheap Labour

The by-product of the current global economic processes is increasing competitive pressure. In conditions of world economy globalization, the Czech Republic was particularly successful in the 1990s, mainly due to the strategy of “low cost economy”. Low costs were the primary source of competitive advantage. Increasing pressure of large countries with cheap labour force does not allow the Czech Republic make its labour costs lower and use this as a source of economic growth and international competitiveness. Therefore the Czech Republic was forced to direct its further economic development towards the knowledgebased economy. Due to this new priority, in the economic policy the innovative abilities of the companies, increasing quality of human resources, as well as research and development of the new technologies became the most important tasks. For the most of companies these trends were tantamount with the necessity of basic changes in production process organization, management, human resources development, etc. Both inner and outer entrepreneurial environments were thus considerably changed and innovative companies become the carriers of comparative advantages in the regional development. The objective of the article is to assess the current position of the Czech Republic in international perspective as far as the innovative efficiency is concerned. The authors also will try to point the strong and weak sides of the innovation system in the Czech Republic. The second part of the paper analyses the innovative potential of particular Czech regions.

scholarly journals Demand-side or supply-side stabilisation policies in a small euro area economy: a case study for Slovenia

Empirica ◽  
2021 ◽  
Author(s):  
Reinhard Neck ◽  
Klaus Weyerstrass ◽  
Dmitri Blueschke ◽  
Miroslav Verbič
Keyword(s):  
Open Economy ◽  
Labour Force ◽  
Small Open Economy ◽  
Public Spending ◽  
Supply Side ◽  
Demand Side ◽  
Demand And Supply ◽  
Tax Rate ◽  
Side Component ◽  
Stabilisation Policies

AbstractIn this paper we analyse the effectiveness of demand- and supply-side fiscal policies in the small open economy of Slovenia. Simulating the SLOPOL10 model, an econometric model of the Slovenian economy, we analyse the effectiveness of various categories of public spending and taxes during the period 2020 to 2030, assuming that no crisis occurs. Our simulations show that those public spending measures that entail both demand- and supply-side effects are more effective at stimulating real GDP and increasing employment than pure demand-side measures. This is due to the fact that supply-side measures also increase potential and not only actual GDP. Measures which foster research and development and those which improve the education level of the labour force are particularly effective in this respect. Employment can also be stimulated effectively by cutting the income tax rate and the social security contribution rate, i.e. by reducing the tax wedge on labour income, which positively affects Slovenia’s international competitiveness. Successful stabilisation policies should thus contain a supply-side component in addition to a demand-side component. We also provide a first simulation of potential effects of the Covid-19 crisis on the Slovenian economy, which is modelled as a combined demand and supply shock.

scholarly journals Migrant Labour during the Pandemic: A Political Economy Perspective

2021 ◽  
pp. 001946622110212
Author(s):  
Deepak K. Mishra
Keyword(s):  
Political Economy ◽  
Migrant Workers ◽  
Labour Force ◽  
Current Crisis ◽  
Capitalist Development ◽  
Working Classes ◽  
Migrant Labour ◽  
Cheap Labour ◽  
The One

This article aims to analyse the plight of the migrant workers in India during the Covid 19 pandemic from a political economy perspective. While taking note of the disruptions and uncertainties during the drastic lockdown that was announced suddenly, it is argued that the vulnerabilities of the migrant labour force are deeply embedded in the long-term changes in the political economy of development in India. These changes, on the one hand, have resulted in the gradual weakening of state support to the working classes, and on the other, have resulted in the normalisation of ‘cheap labour’ as a legitimate objective of neoliberal capitalist development. Locating the conditions of the migrant working class on the specificities of the manifold restructuring of the Indian economy under neoliberal globalisation, the study attempts to emphasise the structural dimensions of the current crisis faced by the migrant labourers. JEL Codes: J46, J61, O15, O17, P16

scholarly journals Synergies of combining demand- and supply-side measures to manage congested streets

2021 ◽  
Vol 151 ◽  
pp. 172-179
Author(s):  
Ibrahim Itani ◽  
Michael J. Cassidy ◽  
Carlos Daganzo
Keyword(s):  
Supply Side ◽  
Demand And Supply

scholarly journals Strategic Challenges of Human Resources Allocation in Industry 4.0

Information ◽  
2021 ◽  
Vol 12 (3) ◽  
pp. 120
Author(s):  
Majid Ziaei Nafchi ◽  
Hana Mohelská
Keyword(s):  
Czech Republic ◽  
Human Resources ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
High Tech ◽  
Economic Sectors ◽  
The Czech Republic ◽  
Services Sector ◽  
Productivity And Competitiveness ◽  
Near Future

The emergence of the fourth industrial revolution (Industry 4.0, hereinafter I 4.0) has led to an entirely fresh approach to production, helping to enhance the key industrial processes and therefore increase the growth of labor productivity and competitiveness. Simultaneously, I 4.0 compels changes in the organization of work and influences the lives of employees. The paper intends to construct a model for predicting the allocation of human resources in the sectors of the national economy of the Czech Republic in connection with I 4.0. The model used in this research visualizes the shift of labor in the economic sectors of the Czech Republic from the year 2013 to the following years in the near future. The main contribution of this article is to show the growth of employment in the high-tech services sector, which will have an ascending trend.

The myth of English as a ‘colonialist’ imposition upon India: a reappraisal with special reference to South India

1988 ◽  
Vol 120 (2) ◽  
pp. 305-315
Author(s):  
Robert E. Frykenberg
Keyword(s):  
Special Reference ◽  
Educational System ◽  
English Language ◽  
South India ◽  
Labour Force ◽  
Well Being ◽  
Educational Institutions ◽  
Natural Growth ◽  
Cheap Labour

Every schoolboy and schoolgirl in India, figuratively speaking, is taught the Myth of Macaulay's Minute. According to this myth, attitudes of lofty condescension towards India's peoples and their inferior cultures, combined with practical needs for a cheap labour force to supply the manpower requirements of an enormous bureaucratic machine, prompted alien rulers to impose an English language educational system upon the subcontinent and, thereby, to neglect and stifle the natural growth of indigenous educational institutions. Moreover, in its more extreme forms, this myth assumes that these rulers were also either racially arrogant or wilfully ignorant, or both. Finally, this myth assumes that the disastrous consequences of this “colonialist” fiat were a major factor inhibiting the progress and well-being of a large proportion of India's peoples.

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