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.