CEU eTD Collection (2014); Jesensky, Branislav: Industrial Tradition and its Role in the Process of Economic Convergence: The Case of the Czech and Slovak Republics

CEU Electronic Theses and Dissertations, 2014
Author Jesensky, Branislav
Title Industrial Tradition and its Role in the Process of Economic Convergence: The Case of the Czech and Slovak Republics
Summary This thesis contributes to the existing literature on economic backwardness, foreign direct investment and its embeddedness in the economy by carrying out the comparative analysis of the automotive industries of the Czech and Slovak Republic to the interconnection of the theories of economic backwardness and FDI embeddedness and proves that the development of the Slovak and Czech automotive industries based on path dependency has been decisively influenced by the factor of industrial tradition. The thesis argues that, unlike the conventional explanation of its role, in the context of the Czech and Slovak automotive industries of 1989-1998, the presence of industrial tradition has been the source of slower labor productivity and GDP growth and therefore the source of the catching up in a negative sense. As it is demonstrated in the thesis, the industrial tradition together with the transition models have been the primary sources of continuing economic convergence of the Czech and Slovak republics in 1998-2014.
Supervisor Horvath, Julius
Department International Relations MA
Full texthttps://www.etd.ceu.edu/2014/jesensky_branislav.pdf

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