Projects

Trade with Asia - An Oportunity for Visegrad Countries ?

Ing. Karol Frank, PhD.

Members of project
Ing. Karol Frank, PhD.

• Basic informations
• Characteristics

• Duration of the project: 11/2012 - 04/2013
  ID number: 11220101

   

  Financed by the Visegrad Fund - Small Grant

  Partners:

  Polish Institute of International Affairs (Warsaw)

  Europeum - Institut pro evropskou politiku (Praha)

  Institute of World Economics - Center for Economic and Regional Studies, Hungarian Academy of Sciences (Budapest) - Lead partner

  
  

   

   

• For today it is obvious that the role of Asia in the World economy is growing rapidly. There are more and more efforts in Central and Eastern Europe recently to search contacts and intensify economic relations with this continent. The crisis gave an impetus to increase diversification in foreign trade in order to reduce vulnerability and open new possibilities. The China - Central Europe Economic Forum held in Warsaw, in April 2012 is also a sign of intensifying contacts.

  In this research we would like to concentrate on the foreign trade patterns of the four Visegrad countries with Asia. A thorough analysis of this kind will be a novelty. Tendencies of the last decade (from 2000 onwards) would be examined regarding the product and geographical structure of exports and imports. V4 countries became members of the European Union and the majority of their trade is directed to the EU but data show that the role of certain Asian countries has increased significantly. The research would analyse the relative and changing role of this relation, problems and chances for new market shares. For comparison Eurostat data would be analysed statistically beside national data.