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2008 | 56 | 5 | 515-525

Article title

VPLYV OSLABENÉHO DOLÁRA NA ZMIERNENIE DOPADU VYSOKÝCH CIEN ROPY: IMPLIKÁCIE PRE EKONOMIKY SLOVENSKEJ REPUBLIKY A ČESKEJ REPUBLIKY

Content

Title variants

EN
Impact of weakening US dollar on alleviating the high oil prices: The case of Slovak and Czech economies

Languages of publication

SK

Abstracts

EN
This paper examines the causes and conditions which led to the rising oil prices in the international markets. Oil prices are influenced by many factors like supply and demand, political stability, particularly in the oil producing countries, the value of US dollar against famous world currencies and the factor of psychology in the oil market etc. The special attention is paid to the weakness of US Dollar against the world currencies and particular against the Slovak and Czech Crowns and its effect on alleviation the impact of high oil prices on consumers of fuels and on economies of both countries at all. By the statistical calculation it was proved, that the appreciation of the Slovak and Czech Crowns against the US Dollar have absorbed substantially the high prices of crude oil in both Slovak and Czech countries.

Contributors

  • Ekonomický ústav SAV, Šancova 56, 811 05 Bratislava, Slovak Republic
  • Obadi Saleh Mothana, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic

References

Document Type

Publication order reference

Identifiers

CEJSH db identifier
08SKAAAA05289

YADDA identifier

bwmeta1.element.6473607a-fe3a-3ffe-be41-5daa675178db
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