Sunday, September 7, 2014

Visegrád Group

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Geostrategic Projection
European Geostrategic Projection ..

The Visegrád Group recently (Feb 15, 2021) celebrated its 30th birthday. The last 3 decades have been a time of great development for all V4 countries. However, does the format still have any value today?

00:00 Intro
00:45 The Path to Prosperity
03:44 Different Optics
12:30 Troublesome
16:30 Outro

The Visegrád Group, Visegrád Four, V4, or European Quartet, is a cultural and political alliance of four countries of Central Europe (Czech Republic, Hungary, Poland and Slovakia), all of which are members of the EU and of NATO, to advance co-operation in military, cultural, economic and energy matters with one another and to further their integration to the EU.

The Group traces its origins to the summit meetings of leaders from Czechoslovakia, Hungary and Poland held in the Hungarian castle town of Visegrád on 15 February 1991. Visegrád was chosen as the location for the 1991 meeting as an intentional allusion to the medieval Congress of Visegrád in 1335 between John I of Bohemia, Charles I of Hungary and Casimir III of Poland.

After the dissolution of Czechoslovakia in 1993, the Czech Republic and Slovakia became independent members of the group, thus increasing the number of members from three to four. All four members of the Visegrád Group joined the European Union on 1 May 2004.

All four nations in the Visegrád Group are high-income countries with a very high Human Development Index. V4 countries have enjoyed more or less steady economic growth for over a century. In 2009, Slovakia adopted the euro as its official currency and is the only member in the Group to do so.

If counted as a single nation state, the Visegrád Group's GDP would be the 4th in the EU and 5th in Europe and 15th in the world. Both in terms of exports and imports, the V4 is also at the forefront not only in Europe, but also in the world (4th in the EU, 5th in Europe and 8th in the world).

Based on gross domestic product per capita (PPP) estimated figures for the year 2020, the most developed country in the grouping is the Czech Republic (US$40,858 per capita), followed by Slovakia (US$38,321 per capita), Hungary (US$35,941 per capita) and Poland (US$35,651 per capita). The average GDP (PPP) in 2019 for the entire group is estimated at around US$34,865.

Within the EU, the V4 countries are pro-nuclear-power, and are seeking to expand or found (in the case of Poland) a nuclear-power industry. They have sought to counter what they see as an anti-nuclear-power bias within the EU, believing their countries would benefit from nuclear power.

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