Production process stability - Core assumption of INDUSTRY 4.0 concept

Today's industrial enterprises are confronted by implementation of INDUSTRY 4.0 concept with basic problem - stabilised manufacturing and supporting processes. Through this phenomenon of stabilisation, they will achieve positive digital management of both processes and continuously throughput. There is required structural stability of horizontal (business) and vertical (digitized) manufacturing processes, supported through digitalised technologies of INDUSTRY 4.0 concept. Results presented in this paper based on the research results and survey realised in more industrial companies. Following will described basic model for structural process stabilisation in manufacturing environment. © Published under licence by IOP Publishing Ltd

Would a Second Transition Stage Prolong the Initial Period of Post-socialist Economic Transformation into Market Capitalism?

The article attempts to define the relevant yardsticks that can be used to delineate the end of the transition process or, alternatively, a second stage in the post-socialist economic transformation into market capitalism. A first benchmark is EU accession, but it does not apply to non accession transitional economies. Moreover, a delay is going to appear between accession and the full benefit of common policies - a second transition period will open in May 2004. Convergence criteria are likely to postpone the end of transition for decades, if not for ever. Institution building varies significantly among transition countries, but the non accession countries are trapped for a long time in a no man's land between the former system and a market economy with its necessary institutions. Our privileged analysis is that transition ends when the economic phenomena that are specific to transition will vanish (and the associated concepts will disappear). These are assumed to be transformational recession, transitional unemployment, barterisation, the typical informal sector and managerial entrenchment. They are not going to fade away without a second stage of transitiontransition economies, EU enlargement, economic convergence, institution building, transitional specificities

The acceding countries’ strategies towards ERM II and the adoption of the euro - an analytical review

This paper reviews the strategies announced by the ten countries joining the European Union in May 2004 with regard to their intentions for participation in ERM II and the adoption of the euro. The paper examines the economic rationale of the monetary integration strategies declared by most acceding countries with a view to identifying also their potential risks. It does so by making use of several different approaches, including a short review of nominal convergence and a more extensive discussion from an optimum currency area perspective. An important part of the analysis is devoted to the implications of real convergence – i.e. catching-up growth in income and adjustment of the real economic structures towards those prevailing in the euro area – on the patterns of economic dynamics in acceding countries. Other aspects covered are the risks for external competitiveness in the convergence process and the appropriate pace of fiscal consolidation.

Application of agile management methods in companies operating in Slovakia and the Czech Republic

The current pandemic situation has forced organisations to adapt quickly and change processes through digital transformation. Businesses began to interact with consumers online and generally had to adjust existing processes and develop or improve the products and services offered. The agile transformation as part of Industry 4.0 started several years ago and in the current situation can be considered the best starting point for ongoing changes. The agile approach is mostly used in the field of IT, where it has penetrated mainly into software solutions and project management. Later, this concept began to penetrate deeper into several areas of the organisation, today we can talk about the company-wide transformation into an agile platform. While agility was initially perceived as a benefit, especially for software solutions, today it helps in successful business mainly by penetrating the organisational culture in which organisations define the desired values, ideas and procedures of employee behaviour in the organisation and is able to implement agile management principles. In the presented article, we present the results of research focussed on the analysis of the current state of application of agile management methods in companies operating in Slovakia and the Czech Republic. The aim of this paper is to identify the approach to building an agile culture as a basic prerequisite for their effective implementation. The contribution of this article to agile management research is to identify specific aspects of agile culture that support agile management functioning. The size of the examined sample and the comparison of the results between the group of companies in the Slovak Republic and the Czech Republic provide findings with a high degree of reliability

Taxation in Tanzania

Fiscal policy, Taxation, Tanzania, sub-Saharan Africa

Gramsci in Cairo: neoliberal authoritarianism, passive revolution and failed hegemony in Egypt under Mubarak, 1991-2010

Most existing interpretations of the thought of Antonio Gramsci in International Relations and International Political Economy are strongly influenced by the seminal account provided by Cox in the early 1980s. Recovering the hitherto neglected concept of philosophy of praxis, this thesis departs from the 'Coxian orthodoxy' and develops an alternative understanding of Gramsci that sees hegemony as a combination of coercion and consent emerging from the articulation on three overlapping dimensions, respectively involving the interaction of the economic and the political, the international and the national, the material and the ideational. The potential of this approach is illustrated by examining the unfolding of neoliberal economic reforms in Egypt in the past two decades. It is argued that, firstly, the interaction of economic and political factors produced the emergence of a neoliberal authoritarian regime with a predatory capitalist oligarchy playing an ever greater role. Secondly, articulation across different spatial scales brought about a passive revolution managed by the state with the aim of adapting to the globalising imperatives of capital accumulation without broadening political participation. Lastly, the performative power of neoliberalism as an ideology fundamentally reshaped economic policymaking in favour of the rising capitalist elite. This focus on the shift in class relations produced by – and itself reinforcing – neoliberal reforms allows us to understand how the already waning hegemony of the Egyptian regime under Mubarak gradually unravelled. The rise of the capitalist oligarchy upset relations of force both within the ruling bloc and in society at large, effectively breaking the post- Nasserite social pact. Passive revolution witnessed the abdication to the pursuit of hegemony on the national scale, with the attempt of replacing it with reliance on the neoliberal hegemony prevalent on the international scale. The success of neoliberalism as an ideology did not obscure the increasingly inability of the regime to provide material benefits, however marginal, to subaltern classes. Thus, the affirmation of neoliberalism in Egypt corresponded to the failure of hegemony on the national scale

Vulnerability and Bargaining Power in EU-Russia Gas Relations

This report contains three separate papers, each addressing selected issues concerning natural gas policy and security of gas supply in Europe. The over-arching themes are vulnerability (to supply disruptions, to supplier pricing power) and fragmentation; and measures designed to overcome them, namely interconnection and consolidation of bargaining power. The first paper contains a review of some of the economic effects of, and subsequent policy reactions to, the January 2009 cut of Russian gas supplies through the Ukraine Corridor, with a particular focus on Bulgaria and on EU policy. The second paper provides an analysis of the current state of gas relations between Ukraine and the Russian Federation, with a focus on the Ukrainian perspective and on recent political developments in that country. The third paper provides an analysis of the case for consolidating buyer power in line with the concept of an EU Gas Purchasing Agency.Natural gas, security of supply, supply disruption, interconnector, Russia, Ukraine, Bulgaria, European Union, energy policy, fragmentation, bargaining power, countervailing power, gas purchasing agency