Issue 9 - Volume 56/2008
Foreign Direct Investment Spillovers in Slovakia
Page 855, Issue 9 - Volume 56/2008
The authors conducted the first study about FDI spillovers in Slovakia in order to find out if there is an evidence of horizontal and vertical spillovers that are beneficial for the Slovak enterprises. Based on the study of the biggest investors in Slovakia they conclude that the forward and backward vertical spillovers are rather limited, even though the potential for spillovers exist, especially among the Slovak suppliers of the foreign companies. The scope of horizontal spillovers is also quite limited: they appear on a bigger scale only through the movement of human capital which contributes to their spread into local companies.
Keywords: spillovers, foreign direct investment, Slovakia
JEL Classification: F21, F23
New Global Capitalist System, New Industrial Development Model and Developing Countries
Page 873, Issue 9 - Volume 56/2008
Neo-liberal policies of 1980’s and 1990’s have resulted in serious financial crises and balance of payments problems in all over the world. These policies have remained insufficient and defective in the face of modern capitalist system. Under these circumstances, the notion of nation-state has begun to be eroded and this fact leads some social scientists to neo-logical efforts of neo-liberalism. As a result, the functions of the state in modern capitalist world and new liberal development policies have been reconsidered. In this study, we shall question the implications of ‘industrial district models’ that can be regarded as a new industrial development model of new liberal paradigm.
Keywords: globalization, nationstate, governance, new industrial model, developing countries, neo-liberalism
JEL Classification: O1, O18, R58
Economic Safety as a Source of International Cooperation
Page 892, Issue 9 - Volume 56/2008
The article deals with possible impacts of military and economic cooperation on economic security of international organizations members. In the first part is defined the term security and its relation to national economic stability. In the second part are examined impacts of international economic and international security cooperation on national economic stability. Finally is being searched the character of the most important international organizations with the aim on economic security.
Keywords: security, international economic cooperation, international security and defence cooperation, interdependency, economic stability
JEL Classification: F50, F53, F59, O19, O52, O50, D74, D78
To Certain Aspects of Concentration and Competition in Distribution in the Context of Globalization
Page 912, Issue 9 - Volume 56/2008
Over the past two decades a significant changes has been recorded in Slovak consumer goods market. They were produced by globalizing a commercial exchange. The changed competition environment is characterised by a different degree of intensity of cooperation between the manufacturers and distributors such as retailers at this time.
The paper represents an approach based on two levels. That theoretical defines a question concerning the globalisation and the competition in trade. The operational level of this study seeks to explain a particular practices and methodological aspects of concentration and competition in the consumer goods market.
Keywords: consumer goods market, globalization, concentration, methods of control of concentration
JEL Classification: D43
Globalisation as Complex of Processes: Creating more Advanced but Risky World
Page 925, Issue 9 - Volume 56/2008
We can find multiple reasons, why companies, regions or nations group together into entities or networks, but there exists several key reasons. Among them: the phenomena of globalisation, technological progress, new global opportunities and risks, higher customer requirements and higher value of information and know-how. Globalisation is the dynamic complex of processes that has opened; linked and unified the globe since the end of the 19th century. Such unification has not had an occurrence before, even in the time of the Roman Empire. But it is obvious that globalisation has never led to the rapid economic rise all over the world, but it has led to the bigger differences between rich and poor. This work concerns on the identification of the economic globalisation in terms of its evolution in the first part of this article and on the actual development of globalisation and related trends and risks in the second part.
Keywords: globalization, global trends, global risks, world economy
JEL Classification: F01, O11, O57