1.

Record Nr.

UNINA9910720073703321

Autore

Horák Jakub

Titolo

Development of World Trade in the Context of the COVID-19 Pandemic : A Case Study on the Czech Republic and the Russian Federation / / by Jakub Horák, Veronika Machová, Valentina Vycheslavovna Mantulenko, Tomáš Krulický

Pubbl/distr/stampa

Cham : , : Springer Nature Switzerland : , : Imprint : Springer, , 2023

ISBN

9783031272578

9783031272561

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (189 pages)

Collana

Contributions to Economics, , 2197-7178

Disciplina

337.4371047

Soggetti

International trade

International economic integration

Globalization

Economic development

Finance

Europe - Economic conditions

International Trade

Economic Aspects of Globalization

Economic Development, Innovation and Growth

Financial Economics

European Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Chapter 1. Introduction -- Chapter 2. World Trade Development -- Chapter 3. Development of the World Trade in the Context of the COVID-19 Pandemics -- Chapter 4. Development of International Trade between the Czech Republic and the Russian Federation -- Chapter 5. Methodology -- Chapter 6. Data evaluation – results -- Chapter 7. Conclusion.

Sommario/riassunto

This book examines the development of world trade during the COVID-19 pandemic, also taking international trade between the Czech Republic and the Russian Federation into account as a case study.



Using an advanced method of artificial neural networks, it evaluates a long time series and predicts the development of trade between the two countries. The book further analyzes the specifications of export items on both sides and the dependence of the Czech Republic on Russia in terms of raw materials, which is not sustainable. It discusses the need for a political and business consensus, as well as a long-term investment plan to address this issue. Finally, it sheds light on the Czech companies actively operating in Russia, especially in the engineering, automotive, energy, and food industry. The book predicts the future bilateral trade relations between the two countries and the expected decrease in the demand on the side of Russian customers. The book will appeal to students,scholars, and researchers of economics and finance in general, macro- and microeconomics, statistics, and trade analytics in particular, as well as professionals and international trade companies interested in a better understanding of world trade developments and the future trade scenarios between the Czech Republic and Russia.