The Visegrad Group Countries – changes in intra-industry competitiveness of their economies during the world financial and economic crisis

Abstract

This article contributes to the discussion on changes in intra-industry competitiveness of the economies of the Visegrad Group countries during the crisis. It attempts to prove the thesis that in the case of the analyzed countries their intra-industry trade was relatively more resilient to negative consequences of the crisis than their global turnovers. The article presents the most important results of analyses of the trade flows which the countries under research had in the initial years after the accession and during the crisis. Particular attention is paid to identification of the most significant tendencies shaping these countries’ intra-industry trade with the New Member States (EU-10) and with the EU-15 countries.