Trade Relations of V4 Countries

Teachers

Included in study programs

Teaching results

Students will possess following abilities:
- about quality assessment of business environments of the countries according to different international rankings,
- about territorial and commodity structure of the V4 countries′ foreign trade,
- about structure (inflow, outflow) of the foreign direct investment of the V4 countries,
- about selected sectors of economy of the V4 countries (energy, automotive),
- about the creation of the V4 Group and cooperation among its members,
- about place of the V4 countries within the EU.
Students will obtain following skills:
- use publicly available databases about foreign trade of the V4 countries and identify potential for foreign trade (export, import) in these countries,
- assess the quality of the business environment of the V4 countries according to various criteria,
- evaluate the attractiveness of the investment environment of the V4 countries.
Students will gain following competences:
- critical assessment, synthesis of theoretical knowledge and interpretation of analytical outcomes,
- evaluation of the suitability of the business environment for foreign expansion,
- orientation in economic information about territories and selection of information necessary for foreign expansion.

Indicative content

The course is focused on foreign trade relations among the V4 countries as a specific form of cooperation within the Europena Union, business environment in these countries as an important factor determining the foreign trade and analysis of the foreign trade of the respective countries..

Support literature

1. BAŃSKI, Jerzy (ed.). Three decades of transformation in the East-Central European countryside. Cham, Switzerland: Springer, 2019
2. ČUKANOVÁ, Miroslava a Dušan STEINHAUSER. Transformation Process and Service Sector in V4 Countries. Enterprise and Human Resource Management as Areas of Innovations: Monograph. Częstochowa: Oficyna Wydawnicza Stowarzyszenia Menedżerów Jakości i Produkcji, 2018, , 62-114. ISBN 978-83-63978-74-7.
3. HORNAT, Jan. The visegrad group and democracy promotion: Transition experience and beyond. Springer Nature, 2021.
4. KAŠŤÁKOVÁ, Elena a LUPTÁKOVÁ Anabela. Position of the RussianFederation in the Foreign Trade of the Visegrad Group Region [online]. Praha: GUPRESS, 2020, CD-ROM 137 s. [6,38 AH] [cit. 2021-04-18]. ISBN 978-80-904926-6-0.
5. KOCHANEK, Ewelina. The energy transition in the Visegrad group countries. Energies, 2021, 14.8: 2212.
6. STEINHAUSER, Dušan. Vplyv pandémie ochorenia Covid-19 na medzinárodný obchod, podnikanie a operačné riziko vo firmách. 1. vydanie. Bratislava : Vydavateľstvo EKONÓM, 2021. CD-ROM 90 s. ISBN 978-80-225-4808-3.

Syllabus

1. Creation of the V4 Group and cooperation among its members 2. Economic and political position of the V4 countries within the EU 3. Business environment in Slovakia and Czechia 4. Business environment in Poland and Hungary 5. Starting a Business in the V4 countries 6. Foreign trade in Slovakia and Czechia 7. Foreign trade in Poland and Hungary 8. Automotive industry in the V4 Group 9. Energy sector in the V4 Group 10. Foreign direct investment (inflow, outflow) in Slovakia and Czechia 11. Foreign direct investment (inflow, outflow) in Poland and Hungary 12. Investment incentives in the V4 countries 13. Economic measures of the V4 countries concerning the COVID-19 pandemic

Requirements to complete the course

10% essay and its presentation
30% end-term exam
60% final exam

Student workload

Total: study load 3 credits x 26 h = 78 hours
Separate study load for individual educational activities:
Attendance at seminars: 26 hours
Preparation for seminars: 12 hours
Essay: 15 hours
Preparation for the final exam: 25 hours

Language whose command is required to complete the course

Slovak, English

Date of approval: 09.02.2023

Date of the latest change: 25.10.2023