scholarly journals BUSINESS RISK IN TIMES OF ECONOMIC RECESSION AND ECONOMIC GROWTH

2021 ◽  
Vol 11 (2) ◽  
pp. 82-86
Author(s):  
JAKUB HORÁK ◽  
PAVEL DLOUHÝ
Keyword(s):  
Economic Growth ◽  
Czech Republic ◽  
Crop Production ◽  
Economic Recession ◽  
Transport Sector ◽  
Business Risk ◽  
The Czech Republic ◽  
The Great Recession ◽  
Line Chart ◽  
The Given

The issue of business risk in times of recession or growth is very topical in these times. The Czech Republic and its neighboring countries are currently struggling with the economic problems caused by the Covid-19 pandemic. The aim of the paper is to analyze the number of insolvency petitions in the Czech Republic from the years 2010–2020 and to compare them with each other. The data source are data from publicly available resources from the Creditreform group and also from the CRIF database of the Cribis platform. First were created tables for the Agriculture and Forestry, Manufacturing, Construction and Transport sectors. Data for the relevant years were added to them from the aforementioned resources. Then was created a line chart for each industry. Using time series analysis and comparison, we analyze and compare the development of insolvencies. At the same time, we use causal analysis to find out why there were high numbers of insolvencies in the given years. We are also looking at which sectors were hit hardest during the insolvency crisis, when they were hit hardest, how they did in times of economic growth and how they should adapt to the next possible crisis. During the Great Recession, the construction sector was hit the hardest, and then the transport sector also suffered greatly. The largest numbers of insolvencies can be observed in 2012. At a time of economic growth, which began in 2014, the numbers of insolvencies fell in all sectors analyzed, but mostly in agriculture and forestry and transport. Businesses in the sectors analyzed can adapt to the next crisis by creating larger cash reserves or changing, for example, crop production or transport by temporarily reducing fares to attract new customers. We see the benefit of this work in the analysis of the number of insolvencies in the given sectors, which has not been recorded in almost any academic papers. We also see a benefit in determining the conditions for how companies can prevent another crisis.

scholarly journals Evaluation of economic potential of business environment development by comparing sector differences: perspective of SMEs in the Czech Republic and Slovakia

2020 ◽  
Vol 11 (1) ◽  
pp. 135-159 ◽  
Author(s):  
Jaroslav Belas ◽  
Beata Gavurova ◽  
Martin Cepel ◽  
Matus Kubak
Keyword(s):  
Czech Republic ◽  
Slovak Republic ◽  
Value Added ◽  
Business Environment ◽  
Transport Sector ◽  
Categorical Variables ◽  
The Czech Republic ◽  
Doing Business ◽  
Business Conditions ◽  
The Given

Research background: Improving business conditions and SME development are signs of a country’s macroeconomic stability. The issue of identifying and removing barriers to the development of firms in the SME segment is a priority in all countries with developed economies and its importance is currently increasing. Purpose of the article: The main aim of this paper is to explore possible differences in entrepreneurs’ perception of the business environment based on the industry in which the company operates. The analysis contains also a national view, where a comparison between the Czech Republic and the Slovak Republic is performed. Methods: Correspondence analysis was used to achieve the research objectives in order to examine the relations between the categorical variables. Its application is beneficial in cases where the graphic output is clearer than the numerical one. Findings & Value added: The presented research makes it possible to identify problematic aspects of doing business in each sector and to create support mechanisms for the creation of effective structural policies. Entrepreneurs from the Czech Republic’s Production and Transport sectors agree with the statement that the business environment in the country is suitable for starting a business. As for business environment’s suitability for doing business, neither Slovak nor Czech entrepreneurs sector-wide agreed with the given statement. Czech entrepreneurs from the Services, Trade and Construction sectors, respectively, agree, fully agree with the statement that the business environment in the country is reasonably risky and allows for doing business. In the case of entrepreneurs from Slovakia, no significant correspondence is observed. Findings regarding the statement that the business conditions in the country have improved over the past five years are the following: In the Czech Republic, there is a perfect correspondence of the Transport sector and the agreement with the given statement. In the Slovak Republic, agreement was found with the given statement in the Transport sector and neutral position in the Production sector.

The Development of the Communication Skills of Individuals Living in Homes for People with Disabilities

2012 ◽  
Vol 2 (2) ◽  
pp. 56-70
Author(s):  
Petr Kopečný
Keyword(s):  
Czech Republic ◽  
Case Studies ◽  
Social Services ◽  
Communication Skills ◽  
Speech Therapy ◽  
People With Disabilities ◽  
Educational Support ◽  
The Czech Republic ◽  
The Subject ◽  
The Given

This paper concentrates on the area of special educational support provided to individuals living in homes for people with disabilities in the Czech Republic and presents partial research results illustrating the state of the provision of speech therapy to users of social services facilities falling under the jurisdiction of the Ministry of Labour and Social Affairs. The subject of the research is an analysis of support for the development of the communication skills of pupils living in social services facilities. The partial results of the research outline the approaches employed by the managerial staff of the given facilities in implementing special educational procedures, describe forms of speech therapy provision in homes for people with disabilities, and compare the attitudes of teachers and social services staff to the development of communication with the importance attributed to it by speech therapists and demonstrated by the case studies performed.

scholarly journals Food Self Sufficiency in Selected Crops in the Czech Republic and Poland

2014 ◽  
Vol 62 (6) ◽  
pp. 1329-1341 ◽  
Author(s):  
Pavel Kotyza ◽  
Josef Slaboch
Keyword(s):  
Czech Republic ◽  
National Security ◽  
Crop Production ◽  
The Self ◽  
Critical Limit ◽  
Internal Factors ◽  
The Czech Republic ◽  
Domestic Production ◽  
Self Sufficiency ◽  
The Eu

Being a member of the EU, today the Czech Republic is not entirely dependent on domestic production of food and farming commodities. Since borders inside the EU are open, particular commodities can flow without any tariff measures. But food self-sufficiency belongs to internal factors of national security and therefore it deserves sufficient attention. The aim of this article is to evaluate, based on an analysis, the self-sufficiency rate of the Czech Republic and Poland in selected commodities of crop production between marketing years 2000/2001–2009/2010, with special attention to the most important and cultivated commodities – basic cereals, oilseeds, corn and potatoes. Based on analyses of self-sufficiency rate it can be concluded, that both countries can be considered as stabilised with restpect to rate of self-sufficency of selected crops – none of the presented groups falls under 80%. For most described commodities the trend of self-sufficiency rate in the Czech Republic and Poland is stabilised or growing. Only production of potatoes is coming close to critical treshhold in CZ, therefore national strategies should be put in place to maintain the self-sufficiency rate above the critical limit. After an analysis of internation trade it can be concluded that the Czech Republic is specialised exporter of not-processed commodities but country significantly falls behind Poland in competitiveness of processing of commodities.

scholarly journals The relation and development of expenditure inequality and income inequality of Czech households

2012 ◽  
Vol 57 (192) ◽  
pp. 55-78 ◽  
Author(s):  
Zdeňka Malá ◽  
Gabriela Cervená
Keyword(s):  
Economic Growth ◽  
Czech Republic ◽  
Income Inequality ◽  
Mutual Relationship ◽  
Consumer Expenditure ◽  
Economic Decline ◽  
The Czech Republic ◽  
Main Determinant ◽  
Methodological Tool ◽  
Relationship Of

The paper focuses on an analysis of income inequality and expenditure inequality of households in the Czech Republic for the period 2001 - 2009, based on data from the Statistics of Family Accounts. The basic methodological tool is the Gini coefficient and its decomposition according to individual categories of consumer expenditure. The conducted research reaches the conclusion that income inequality is higher than inequality in consumer expenditure, and income inequality for the analyzed period is growing at a higher rate than expenditure inequality. Tax-transfer tools effectively eliminate income inequality, but nevertheless inequality of disposable income exceeds the inequality of net monetary expenditure. As regards the mutual relationship of income inequality and expenditure inequality, expenditure inequality within a period of economic growth and boom copied the course of income inequality, while within a period of economic decline and recession both inequalities showed a completely different development. The main determinant affecting income inequality may be considered to be non-consumer expenditure, particularly expenditure for the acquisition of real estate.

scholarly journals Regional Branding: Customer’s Experience with the Certified Products

2018 ◽  
Vol 66 (6) ◽  
pp. 1549-1556 ◽  
Author(s):  
Klára Margarisová ◽  
Lucie Vokáčová ◽  
Kateřina Kuralová ◽  
Tomáš Hlavsa
Keyword(s):  
Czech Republic ◽  
Questionnaire Survey ◽  
The Czech Republic ◽  
Agricultural Produce ◽  
Regional Brand ◽  
The Given ◽  
The Relationship

This article focuses on the experience of Czech customers with the purchase of products labelled by the Association of Regional Brands and Bohemian Paradise Association. The aim of this paper is to evaluate selected indicators associated with purchasing certified regional products. The studied characteristics focus on the knowledge and perception of several chosen microregional brands and on the purchase of a certified product itself. The article presents the results of research conducted through a questionnaire survey, whose 1390 respondents are residents as well as visitors of eight different micro‑regions in the Czech Republic. Awareness of regional brands within the sample surveyed is around 46 %. The relationship between awareness of regional brand and respondents’ age, education and status towards the region has been identified. The perception of consumers considered, a brand is most often associated with tangible products, namely food and agricultural produce. Consumers view brands chiefly as a guarantee of production in the given region and a certain tradition. Most often, the respondents take notice of brands on the packaging of a particular certified product.

scholarly journals Social Exclusion and Inclusion in the Czech Republic and in South Africa: Comparison and Facts

2019 ◽  
Vol 10 (5) ◽  
pp. 37-46
Author(s):  
Klára Brožovičová
Keyword(s):  
South Africa ◽  
Czech Republic ◽  
Social Exclusion ◽  
Minority Group ◽  
Racial Groups ◽  
The Czech Republic ◽  
The Social ◽  
History Of ◽  
Totalitarian Regimes ◽  
The Given

Abstract The article’s aim is to compare the opposite processes of social exclusion and inclusion in South Africa and in the Czech Republic, in the past and at the present time. Even though these societies differ culturally and geographically, the comparison of some important factors, which are causing the exclusion of some people groups, might be interesting. In both cases we will closely follow the social, ethnic and racial groups, which are mostly excluded in the given environment. In South Africa it concerns Black and Coloured Africans, and in the Czech Republic the Roma ethnic minority group, the only ethnic group which is to a high extent excluded. In the history of these two countries we can find a similar historic aspect, both of them had experienced totalitarian regimes. Today, with the benefit of more twenty years, we can see the changes, which both these countries have undergone, and observe as well how these changes influenced the processes of inclusion and exclusion of the given social, racial and ethnic groups.

Situation of brownfields in selected regions in the Czech Republic

2021 ◽  
Author(s):  
Jaroslav Škrabal ◽  
Petra Chmielová
Keyword(s):  
Czech Republic ◽  
Point Of View ◽  
National Database ◽  
Agricultural Activities ◽  
The South ◽  
The Czech Republic ◽  
Industrial Activities ◽  
The Given ◽  
Geographical Point

The aim of the article is to make a comparison of brownfields in the South Moravian, Olomouc, Zlín and Moravian-Silesian regions based on the spatial standpoint. Data on brownfields were obtained through the National Database of Brownfields, which is managed by the CzechInvest agency. Information about these abandoned buildings and grounds were dated on 31st March 2021. The finding of the contribution is the fact that the most abandoned buildings and areas are mainly in Moravian-Silesian and South Moravian Region. Most of brownfields are after industrial activities, civic amenities and agricultural activities. In the given article, the analysis of brownfields according to individual indicators was performed on the basis of spatial and geographical point of view. It was found that most of the examined abandoned buildings and areas are located mainly in cities, which were followed by municipalities. Furthermore, it was proved that the size of brownfields from 54% is in area up to 1 (ha). The following indicator was the distance of abandoned buildings and areas from the centre of the cadastral area. Based on the results, it was found that 45% of the analysed brownfields are located 1-3 km from the centre of the cadastral area.

scholarly journals Regional food and feed self-sufficiency related to climate change and animal density – a case study from the Czech Republic

2019 ◽  
Vol 65 (No. 5) ◽  
pp. 244-252
Author(s):  
Josef Pulkrábek ◽  
Lukáš Pacek ◽  
Jaroslav Čítek ◽  
Roman Stupka ◽  
Kateřina Pračke ◽  
...  
Keyword(s):  
Czech Republic ◽  
Crop Production ◽  
Arable Land ◽  
Climate Impacts ◽  
Biomass Energy ◽  
Baseline Scenario ◽  
The Czech Republic ◽  
Yield Decline ◽  
Self Sufficiency ◽  
Food And Feed

A new food and feed self-sufficiency model for the Czech Republic (RESTEP) was applied for the evaluation of possible adverse climate impacts uniformly reducing crop production by 5, 10, 20, and 30%. The situation was simulated for the whole country and four different agriculturally important regions. Biomass production modeling confirmed that for the whole country, the food self-sufficiency is secured up to 20% of yield decline for most crops, but even 5% yield decline of silage maize would lead to its shortage in animal feeding. On the other hand, regional results vary significantly. Regions Jižní Morava and Střední Čechy shown oversupply of feedstuff allowing them to cover the demands of cattle and pigs up to 20% or 30% decline of yield, respectively. The opposite model represents the Vysočina (VY) region which is not able to cover the demands from own sources even at the baseline scenario. The acreage extension of maize is not possible due to erosion risk restrictions at 25% of arable land at VY. The possible solution consists of extension acreage of alfalfa and clover or finding other plants sufficient for feeding as well for biogas facilities in regions rich in biomass energy consumers.

scholarly journals Development of farms according to the LFA classification

2013 ◽  
Vol 59 (No. 12) ◽  
pp. 551-562
Author(s):  
J. Lososová ◽  
R. Zdeněk
Keyword(s):  
Czech Republic ◽  
Crop Production ◽  
Labour Productivity ◽  
Livestock Production ◽  
Economic Indicators ◽  
Mountain Areas ◽  
The Czech Republic ◽  
Revenue Growth ◽  
Opposite Trend ◽  
Important Trend

The aim of the paper is to assess the situation and development of Czech agriculture by the production and economic ratios of a sample of farms. The development is evaluated using a database of farms from the Czech Republic since 2000, divided by the share of land included in the LFA. The year 2011 revealed a significant improvement in economic indicators over the previous year. A positive profit appeared in 95% of enterprises and economic results approached the results of 2007. An important trend is the reduction in the number of workers, when in 2011 the number of workers was equal to 70% to that in 2000, while labour productivity is increasing annually by an average of 7%. In the structure of production, the average farm revealed a revenue growth of crop production, the revenue from livestock production was declining, although the opposite trend appeared in mountain areas. In all categories of farms, there is a growing dependence on subsidies. Although the year 2011 was the second most productive since 2000, the profit after deducting subsidies was reached by 13% of farms only.

scholarly journals Implementation of R&D Results and Industry 4.0 Influenced by Selected Macroeconomic Indicators

2019 ◽  
Vol 9 (9) ◽  
pp. 1846 ◽  
Author(s):  
Jena Švarcová ◽  
Tomáš Urbánek ◽  
Lucie Povolná ◽  
Eliška Sobotková
Keyword(s):  
European Union ◽  
Czech Republic ◽  
Industry 4.0 ◽  
Economic Recession ◽  
Economic Policies ◽  
Close Link ◽  
The Czech Republic ◽  
Macroeconomic Indicators ◽  
The Business Cycle ◽  
The Impact

Successful timing of INDUSTRY 4.0 projects in businesses can be disrupted by the coming of a recession. The authors assume a close link between INDUSTRY 4.0 and research and development (R&D) projects. R&D projects are statistically internationally monitored and have a significant impact on European Union economic policies. This article explores the impact of the two economic recessions in 2009 and 2012–2013 on the number of R&D entities and human resources involved in R&D in the Czech Republic. The method of multivariate statistics with dummy variables was used. Research has shown that different sectors (business sector, government sector, higher education sector, and non-profit sector) show a different development of the number of R&D entities in times of economic crisis. The research findings indicate that current European Union grant support, tax relief, and other specific factors appear to be more important for the development of R&D projects in the Czech Republic than the effects of economic recession. In terms of longer time horizons, however, the effects of the business cycle cannot be ignored. In order to predict economic development, enterprises and other subjects can use leading macroeconomic indicators.

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