IDEAS home Printed from https://ideas.repec.org/a/mup/actaun/actaun_2016064061843.html
   My bibliography  Save this article

Regional Cooperation of the Post-Soviet Countries - Can it Be Influenced by the Structure of the Economy?

Author

Listed:
  • Irena Benešová

    (Department of Economics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic)

  • Luboš Smutka

    (Department of Economics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic)

  • Lenka Rumánková

    (Department of Economics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic)

  • Adriana Laputková

    (Department of Languages, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic)

  • Zuzana Novotná

    (Department of statistics, Faculty of Economics and Managment, Czech University of Life Sciences in Prague, Kamýcká 129, Prague 6 - Suchdol, Czech Republic)

Abstract

In recent decades, economic development has largely been influenced by globalisation of the world economy. Regional cooperation represents a certain alternative for the ongoing globalisation and concerns establishment of geographically larger markets. Through regional integration, countries are better able to react to changes in the external environment and therefore a larger market scale enables better marketing opportunities.The conclusion of this research is the fact that despite significant differences between, for example, GDP per capita or the economic growth, there is still similarity in the business cycle or even GDP creation when private consumption and stockbuilding play the key role. In addition, most of the countries mentioned have a negative contribution of export to their GDP, which is closely related to the structure of export itself and its dependency on primary products.

Suggested Citation

  • Irena Benešová & Luboš Smutka & Lenka Rumánková & Adriana Laputková & Zuzana Novotná, 2016. "Regional Cooperation of the Post-Soviet Countries - Can it Be Influenced by the Structure of the Economy?," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 64(6), pages 1843-1856.
    • Handle: RePEc:mup:actaun:actaun_2016064061843
    DOI: 10.11118/actaun201664061843
    as

    Download full text from publisher

    File URL: http://acta.mendelu.cz/doi/10.11118/actaun201664061843.html
    Download Restriction: free of charge
    File URL: http://acta.mendelu.cz/doi/10.11118/actaun201664061843.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.11118/actaun201664061843?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dion, David-Pascal, 2004. "Regional integration and economic development: An empirical approach," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 21, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    2. Miguel Viegas & Micaela Antunes, 2013. "Convergence in the Spanish and Portuguese NUTS 3 regions: An exploratory spatial approach," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 48(1), pages 59-66, January.
    3. Thoumi, Francisco E., 1989. "Bilateral trade flows and economic integration in Latin America and the Caribbean," World Development, Elsevier, vol. 17(3), pages 421-429, March.
    4. Hartwell, Christopher A., 2013. "A Eurasian (or a Soviet) Union? Consequences of further economic integration in the Commonwealth of Independent States," Business Horizons, Elsevier, vol. 56(4), pages 411-420.
    5. Dion, David-Pascal, 2004. "Regional integration and economic development: A theoretical approach," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 20, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    6. Kumar, Saten, 2015. "Regional integration, capital mobility and financial intermediation revisited: Application of general to specific method in panel data," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 36(C), pages 1-17.
    7. Souleymane Coulibaly, 2006. "Regional Integration and the Persistent Uneven Spread of Economic Activities in Developing Areas," Economie Internationale, CEPII research center, issue 106, pages 5-23.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dr. Caroline Ntara, 2022. "What Does Africa Stand to Gain from the African Continental Free Trade Area?," International Journal of Science and Business, IJSAB International, vol. 16(1), pages 69-90.
    2. Aidara, Khadidiatou & Fall, Founty A. & Seck, Abdoulaye, 2019. "Is Africa an Economic Space?," Conference papers 333021, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    3. Tricia Mangal & Day-Yang Liu, 2020. "The impact of economic freedom on foreign portfolio investments: The case of the Caricom single market and economy," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(2), pages 213-222, March.
    4. Abdelkader Sid Ahmed, 1992. "Maghreb : quelle intégration à la lumière des expériences dans le Tiers Monde ?," Revue Tiers Monde, Programme National Persée, vol. 33(129), pages 67-97.
    5. Falkowski Krzysztof, 2017. "Long-Term Comparative Advantages of the Eurasian Economic Union Member States in International Trade," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 53(4), pages 27-49, December.
    6. Yersh, Valeryia, 2020. "Current account sustainability and capital mobility in Latin American and Caribbean countries," MPRA Paper 105440, University Library of Munich, Germany.
    7. Bianco, V. & Proskuryakova, L. & Starodubtseva, A., 2021. "Energy inequality in the Eurasian Economic Union," Renewable and Sustainable Energy Reviews, Elsevier, vol. 146(C).
    8. Mindaugas Butkus & Diana Cibulskiene & Alma Maciulyte-Sniukiene & Kristina Matuzeviciute, 2018. "What Is the Evolution of Convergence in the EU? Decomposing EU Disparities up to NUTS 3 Level," Sustainability, MDPI, vol. 10(5), pages 1-37, May.
    9. Abdullah Alhassan & Mary E. Burfisher & Mr. Julian T Chow & Ding Ding & Fabio Di Vittorio & Dmitriy Kovtun & Arnold McIntyre & Ms. Inci Ötker & Marika Santoro & Lulu Shui & Karim Youssef, 2020. "Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration," IMF Working Papers 2020/008, International Monetary Fund.
    10. Sandberg, H. Mikael & Seale, James L., Jr., 2012. "The Impact of Historical and Regional Networks on Trade Volumes within the Western Hemisphere: A Gravity Analysis across Sectors," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 120071, Southern Agricultural Economics Association.
    11. H. Mikael Sandberg & James Seale & Timothy Taylor, 2006. "History, regionalism, and CARICOM trade: A gravity model analysis," Journal of Development Studies, Taylor & Francis Journals, vol. 42(5), pages 795-811.
    12. Sandberg, H. Mikael, 2004. "The Impact Of Historical And Regional Linkages On Free Trade In The Americas: A Gravity Model Analysis Across Sectors," 2004 Annual meeting, August 1-4, Denver, CO 20201, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Mariam Camarero & Alejandro Muñoz & Cecilio Tamarit, 2022. "The rise and fall of global financial flows in EU 15: new evidence using dynamic panels with common correlated effects," Working Papers 2212, Department of Applied Economics II, Universidad de Valencia.
    14. Folfas Paweł, 2016. "Income Absolute Beta-Convergence of NUTS 3 Level Regions in New EU Member States before and During a Crisis," Folia Oeconomica Stetinensia, Sciendo, vol. 16(2), pages 151-162, December.
    15. Sandberg, H. Mikael & Taylor, Timothy G. & Seale, James L., Jr., 2002. "CARICOM Bilateral Trade: A Preliminary Analysis Using the Gravity Model," Technical Papers 15636, University of Florida, International Agricultural Trade and Policy Center.
    16. Dion, David-Pascal, 2004. "Regional integration and economic development: An empirical approach," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 21, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    17. Lamara Hadjou, 2012. "Insertion of Algeria in globalization: an approach based on commercial affinities [Insertion de l'Algérie dans la mondialisation : une approche par les affinités commerciales]," Post-Print hal-02804700, HAL.
    18. Soloaga, Isidro & Alan Wintersb, L., 2001. "Regionalism in the nineties: what effect on trade?," The North American Journal of Economics and Finance, Elsevier, vol. 12(1), pages 1-29, March.
    19. Gharleghi, Behrooz, 2019. "Economic integration and macroeconomic shocks in Eurasia," MPRA Paper 95545, University Library of Munich, Germany.
    20. Łukasz Piętak, 2022. "Regional disparities, transmission channels and country's economic growth," Journal of Regional Science, Wiley Blackwell, vol. 62(1), pages 270-306, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mup:actaun:actaun_2016064061843. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://mendelu.cz/en/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.