Miroslav Musil - VISEGRAD GROUP – AFTER 20 YEARS (Visegrádska skupina po dvadsiatich rokoch)
Abstract/Abstrakt: The year 2011 is referred to as the “Year of the Visegrad Group” – Czech Republic, Hungary, Poland and Slovakia. In this year Hungary and Poland alternate as the European Union Presidential country, and, in parallel, Slovakia and Hungary alternate in the position of the Visegrad Group Presidential country. It is also the year when the Visegrad Group commemorates the 20th anniversary of its foundation. The paper outlines the history of the Visegrad Group from its early beginnings which reach back to the 14th century: The author describes major V-4 documents and strategies and key themes. Subchapters deal with the following topics: V-4 and the European Union, V-4 and the Western Balkans, V-4 and Defence and Security Policy, V-4 and energy, economy, transportation, agriculture, culture and tourism. The Central European grouping, the Visegrad Group, confirmed the justification of its existence, its functioning and of its importance for the future. It is stated in the conclusion that the grouping has proved its potential for facing the actual international and global challenges in international affairs, economy, energy, security and in other important spheres.
Keywords: International Visegrad Fund, Visegrad Group, Presidency of the Slovak Republic, Visegrad cooperation
JEL: F 02, F 36
str./p. 429-447
Antonín Klas - ROLE OF DOMESTIC TECHNOLOGICAL DEVELOPMENT IN INNOVATIONS (Funkcia domáceho rozvoja technologických inovácií)
Abstract/Abstrakt: The aim of this article is to analyze the development of innovation activities and research as the factors of knowledge-based economy in the Slovak Republic (SR). The phenomena of technological progress are examined on data on exports in the EU countries and in the SR according to technological demands, the structure of innovating enterprises share by technological level, mutual dependence between innovations (measured by number of EPO patents) and economic performance (measured by means of GDP/capita). In this connection, also the contributions of total factor productivity (TFP), capital, labour force, foreign direct investment (FDI) and GERD on the GDP growth rate are analyzed. The author identifies also the basic deficiencies in research and innovations in Slovakia together with a proposal on how to overcome them.
Keywords: innovations, technological progress, economic performance, foreign direct investments, R&D expenditures.
JEL: 0 30, 0 31, 0 32
str./p. 448-459
Eva Muchová, Marek Kálovec - FINANČNÉ A HOSPODÁRSKE KRÍZY VO SVETLE EKONOMICKEJ TEÓRIE (Financial and Economic Crises in the Light of Economic Theories)
Abstract/Abstrakt: The paper is dedicated to current issues of financial and economic crises. In the first part the main approaches to crisis in different economic thoughts are presented – classical economics, Keynesianism, the Austrian School of Economics, monetarism and a typology of financial crises – general model of crisis, currency crisis, banking crisis, contagion and debt crisis as well. In the next chapter fundamental factors causing the crisis – bubbles on credit and assets market (Austrian School, Schumpeter), changes in consumer behaviour (Rothbard), asymmetric information (Mishkin) and vulnerability, awareness and fear (Dornbusch) are analyzed. Crises used to spread to other countries caused by different transmission mechanisms. This issue is analyzed in the fourth section. In the last part of the paper theoretical approaches to current financial crisis are introduced. Global crisis has created a room for economic theory and economic reality confrontation, and moreover it allows verifying fundamental paradigms of current macroeconomic theory.
Keywords: financial crisis, currency crisis, banking crisis, contagion crisis, debt crisis, effective markets, capitalism, moral hazard, adverse selection, fundamental factors of crisis, global financial system, regulation, deregulation
JEL: B, E 32, F 34, G 01
str./p. 460-475
Sergey Naumov - DYNAMICS OF ECONOMIC AND POLITICAL REPRESENTATIONS IN THE RUSSIAN PUBLIC SPACE UNDER CONDITIONS OF STRUCTURAL CHANGES (Dynamika hospodárskej a politickej reprezentácie v ruskom verejnom priestore v podmienkach štruktúrnych zmien)
Abstract/Abstrakt: The paper deals with the relations between economic and political dependency as refl ected in the mood of the Russian population. In the first part the author explains the concept of economic dependence and compares the way it is understood in the Russian culture and in Western cultures. Further the author provides and outline of the history of Russia with focus on the economic conditions in the country in relation to the mass mood. He argues that the former is not a basic factor determining the mass mood and social and political activities of Russians. The author’s ideas are based on data from sociological research carried out by the “Public Opinion” Foundation agency in 2009. In the conclusion the author refers to the consequences of high-speed reforms on the one hand and the favourable assessment of President’s Putin politics during the period 2006-2008 on the part of the Russian population as a development that is congruent with that in other transition economies
Keywords: mass mood, index of social optimism, social and political dependence, social and economic development, democratisation, economic culture, political representation, public opinion, public space, the Russian Federation, Russian society, Vladimir Putin presidency
JEL: P 16
str./p. 476-482
Peter Knapik - EKONOMICKÁ ANTROPOLÓGIA (Economic Anthropology)
Abstract/Abstrakt: In the era of globalisation and lasting economic and financial crisis economists are discussing the problems which complicate existence and functioning of society. The ideas of academicians who are unable to record the symptoms of crisis are not sufficient to understand the contemporary economic situation and to find solutions to it. They cannot fully appreciate the impact of phenomenon “financialization” of the economy on the real economic life (they relied on the invisible hand of the market, concept of generating values on financial markets, trading with “innovative financial products” on the stock market). Therefore it is useful to apply the outcomes of economic anthropology analysis. Economic anthropology enables us to take into consideration results in the area of “substance” economics, which could help us find potential solutions to consequences of the crisis.
Keywords: economic anthropology, commodity exchange, reciprocity, re-distribution, markets, commerce, asset management, consumerism, formalism, substantivism, culturalism
JEL: A 12, B 25, Z 13
str./p. 483-497
Petr Štumpf, Vladimír Dvořák - VÝVOJ STRATEGICKÝCH DOKUMENTŮ CESTOVNÍHO RUCHU V JIHOČESKÉM KRAJI (Development of Strategic Documents for Tourism in the South Bohemian Region)
Abstract/Abstrakt: From the aspect of the tourist industry the South Bohemian Region belongs, in the long term, to leading destinations in the Czech Republic. The success refl ected in the rising competition of tourist destinations is based on the concept of destination management, destination marketing, destination planning as well as on the selection of the right strategy for the development of the tourist industry within a particular area. An important instrument, which supports an effective management and systematic destination development in the medium term, is a strategic document (Strategy of Development of the Tourist Industry), which sets forth a vision and concrete aims to be achieved by a particular destination within a given period of time, as well as the proposal for ways of achieving these aims. The author evaluates the development of strategic planning in the tourist industry by means of development documents in the South Bohemian Region in the course of recent ten years. On the basis of imperfections identified in the contemporary development, the author subsequently proposes the optimisation of the method of developing strategic and tactic documents in the tourist industry for the South Bohemian Region in the upcoming planning period 2014-2020.
Keywords: tourist industry, destination management destination planning, destination strategy, South Bohemian Region, strategic document, marketing concept
JEL: L 83
str./p. 498-521
Lukáš Holas - DLHOVÁ KRÍZA V EURÓPSKEJ MENOVEJ ÚNII (Debt Crisis in the European Monetary Union)
Abstract/Abstrakt: The subject of the paper is the sovereign debt crisis in the European Monetary Union. In order to understand further causalities, the aim of the first part is to outline the circumstances which led to the outbreak of the sovereign debt crisis of the EMU. Based on available information, the paper subsequently informs about a gradual expansion of the crisis into other critical eurozone countries. The paper is partially aimed at analysis of adopted counter-crisis measures, out of which the EFSF or the Euro rescue fund plays the most significant role. Taking into account all partial goals, the paper concludes with the outline of the possible scenario of the eurozone debt crisis.
Keywords: EMU, debt crisis, public debt, low competitiveness, EFSF, restructuring
JEL: F 15, F 36
str./p. 522-532
Martin Konvalina, Ingrid Šabíková, Marián Kočner - REZIDUÁLNA (ZVYŠKOVÁ) HODNOTA AKO EKONOMICKÁ KATEGÓRIA VO VYKAZOVANÍ DLHODOBÉHO HMOTNÉHO MAJETKU (Residual Value as Economic Category in Reporting Long-term Tangible Assets)
Abstract/Abstrakt: Fixed asset dissolves into economic operation of an enterprise through the depreciation. In order to reach fair and true refl ection of fixed assets value, it is necessary to qualify its residual value at the end of used period, in which it is realisable from sales aspect. If the residual value represents significant portion of fixed asset acquisition cost, it is necessary to calculate depreciable amount, which is the base for a correct depreciation plan.
Keywords: tangible fixed asset, acquisition cost, depreciation, depreciable amount, residual value.
JEL: M 41
str./p. 533-540
RECENZIE/REVIEWS
ORBÁNOVÁ, D.: Didaktika podnikovej ekonomiky. Bratislava: Vydavateľstvo EKONÓM, 2011, 262 s. ISBN 978-80-225-3137-5
JEL: Y 30
str./p. 541
ŠKROVÁNKOVÁ, L. – ŠKROVÁNKOVÁ, P.: Dôchodkové poistenie. Bratislava: Vydavateľstvo EKONÓM, 2011, 112 s. ISBN 978-80-225-3187-0
JEL: Y 30
str./p. 542
