Analysis of Threats to the Macroeconomic Stability in Visegrad Group Countries
Analysis of Threats to the Macroeconomic Stability in Visegrad Group Countries
Author(s): Tomáš Dudáš, Klaudia KARELOVÁSubject(s): Supranational / Global Economy, Business Economy / Management, International relations/trade
Published by: Reprograph
Keywords: macroeconomic situation; economic indicators; threats analysis; Visegrad Four; V4;
Summary/Abstract: The paper determines evolution of various macroeconomic indicators of the V4 with special focus on the field of business environment. The results highlight economic prognoses of the Visegrad region for the upcoming years, which are in harmony with general forecasts of international organizations (EU, OECD, UNCTAD, IMF or Eurostat). Objectives of the work are summarized in a SWOT analysis including major threats to the V4 macroeconomic stability. All in all, Visegrad countries belong to the most dynamic regions of the European Union and are predicted to progress smoothly. The crucial challenges include slowing export in the Czech Republic, political instability in Hungary, labour returns from the UK to Poland and over dependency on car and export industries in Slovakia. Furthermore, our findings revealed that negative FDI inflow will represent an obstacle for economic progress of the V4 Group.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XII/2017
- Issue No: 52
- Page Range: 1555-1566
- Page Count: 12
- Language: English