The European Union on the International Market Cover Image

Unia Europejska na międzynarodowym rynku usług
The European Union on the International Market

Author(s): Katarzyna Nowacka-Bandosz
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: export specialization; international trade in services

Summary/Abstract: The aim of this paper is to verify the competitiveness the European Union in a situation of deterioration of its position on the international market. The analysis covered the period 2005–2015 and particular attention was paid to the impact of the global financial and economic crisis on trade in services. Research conclusions show, that it had a negative impact, especially in labor-intensive services, but less in modern services. The latter enjoyed increasing demand on the international market. Member countries adapt to it through specialization in the export of other services. It resulted in rising income from trade in services. Despite this, the EU’s share in the international division of labor decreased. It signaled the need to intensify efforts to strengthen competitive advantages in modern services.

  • Issue Year: 2017
  • Issue No: 49/2
  • Page Range: 181-192
  • Page Count: 12
  • Language: Polish