A compreensão da dinâmica de persistência e evasão da atividade exportadora é fundamental para o desenho de incentivos adequados às firmas estreantes no mercado internacional e encontra respaldo nos modelos da nova teoria do comércio internacional. O propósito deste trabalho é investigar os determinantes do desempenho de firmas industriais brasileiras estreantes no mercado internacional, em termos de probabilidade de sobrevivência e evolução do valor exportado, com especial atenção aos impactos dos instrumentos de apoio Drawback, BNDES Exim e Proex. Para tanto, serão analisadas empresas estreantes no comércio exterior entre os anos de 1998 e 2003, configurando um painel desbalanceado com 8,5 mil firmas. Por meio de análise econométrica para dados em painel e estimação de modelos de duração, verificou-se que a função de sobrevivência e crescimento do valor médio exportado no tempo difere claramente entre firmas que utilizam um dos benefícios e aquelas que não o fazem. Também se pode afirmar que custos irreversíveis de entrada no comércio internacional não sejam desprezíveis entre as firmas industriais analisadas, o que indica que os programas públicos de promoção de exportações devam se concentrar na (i) redução da taxa de abandono das recém-exportadoras e (ii) na minimização dos custos fixos associados aos investimentos para entrada no mercado exportador. / Understanding the dynamics of persistence and evasion of export activity is essential for the design of export promotion for new exporters and international trade policies. Several results point to the importance of taking into account the specific sector of the industry in the implementation of public policies, which is supported by the new models of international trade theory. The purpose of this work is to investigate the determinants of the performance of Brazilian industrial new exporters, with particular attention to the impacts of Drawback, BNDES Exim and Proex. For this, we analyzed firms between the 1998 and 2003, constituting an unbalanced panel with 8500 firms. By panel data analysis and estimation of duration models, we found that the survival function and the growth of exports clearly differs among companies that use one of the programs and those that do not. One can also say that sunk costs are not negligible among the industrial firms analyzed, which indicates that public export promotion should focus on (i) reducing the dropout rate of new exporters and (ii) minimize the fixed sunk costs related with initial investments to begin the export activty.

Economia e Gestão Internacional / Master in International Economics and Management / A participação de empresários em visitas oficiais realizadas por Chefes de Estado ou de Governo é uma forma das entidades oficiais promoverem a internacionalização e as exportações das empresas. Existe um vasto corpo de literatura sobre estudos que se debruçaram sobre a promoção das exportações e sobre a avaliação de programas de promoção das exportações. Contudo, até à data, parece não ter sido avaliada a utilidade das visitas oficiais como meio de promoção das exportações. Nesse sentido, este estudo é um contributo para a literatura teórica e empírica. É apresentada uma base teórica para fundamentar a utilidade das visitas oficiais, elaborada a partir da literatura existente sobre a promoção das exportações, programas de promoção das exportações e missões comerciais. A nível empírico, este estudo aferiu a percepção dos empresários portugueses acerca da utilidade das visitas oficiais, através da realização de um inquérito aos empresários que participaram em 12 visitas oficiais organizadas pelos Chefes de Estado e de Governo, entre 2005 e 2008. Adicionalmente, o estudo propõe um modelo multivariável que analisa em que medida as características estruturais das empresas, e, as características associadas à visita oficial, podem afectar o modo como os empresários avaliam a utilidade das visitas oficiais para a concretização de determinados objectivos. Os resultados sugerem que a qualidade dos contactos e das informações obtidas durante a visita é um factor estatisticamente significativo e contribui positivamente para todos os objectivos avaliados. Os resultados revelam ainda, que factores como a dimensão, o capital estrangeiro, a intensidade exportadora, a intensidade de inovação, a experiência exportadora no mercado visitado, a existência de contactos ou negócios prévios, ou o facto de ser a primeira vez que a empresa visita o mercado, tendem a afectar o modo como as empresas avaliam a utilidade das visitas oficiais para a realização de determinados objectivos. / The participation of businessmen in official visits done by Heads of State or Government is a way found by official authorities to promote exports and the internationalization of the firms. There is a large body of literature about export promotion and the evaluation of export promotion programs. However, to date, it seems has not been evaluated the usefulness of official visits as a way to promote firms exports. This study provides a theoretical and empirical contribution to the literature. The study presents a theoretical basis to substantiate the usefulness of official visits found in the literature about export promotion, export promotion programs and trade missions. A survey was done questioning Portuguese businessmen who had participated in 12 official visits to evaluate the usefulness of those visits. Additionally, the study proposes a multivariable model to examine how firm and visit caractheristics do affect, or not, the firms evaluation about official visits. The estimated results suggest that the quality of contacts and information gained during the visit positively affect the impact over a set of objectives. The results also reveal that factors such as firm s size, foreign ownership, export intensity, R&D intensity, experience in the market, the existence of previous contacts or business, or first visit to the market affect the firms evaluation about some objectives of official visits.

The services sector has played an increasingly important role in international trade in recent years. The negotiations under the General Agreement on Trade in Services (GATS) in recent years have initiated a global drive to liberalise services trade. However, this liberalisation process holds many challenges, especially for developing countries that do not have an adequate regulatory system to sufficiently support and promote these new export sectors. The Department of Trade and Industry (DTI) in South Africa recognised a need to undertake scientific research to identify the development and export potential of key services sectors. In the period from 2005 until 2009, the services sector contributed 65% on average to the GDP of South Africa. In 2010, 79% of the labour force in South Africa was employed in the services sector. However, services only contributed 19% to total exports from South Africa in the period from 2005 until 2009 (ITC, 2010a). The largest services export sectors for South Africa over the five–year period were travel (63%), transportation (11%), and business services (9%). This indicates that South Africa?s services exports are mostly concentrated in one sector, namely travel, and this clearly indicates the need for South Africa to diversify exports of services into other sectors. Export promotion is one of the methods that governments can use in order to stimulate the export growth of a country. Given the need to increase and diversify the exports of South African services, this study aimed to investigate the literature in order to establish possible guidelines for the export promotion of services specifically. Export promotion instruments should aim to identify potential export opportunities in order to allocate scarce government resources to the active promotion of the sectors with the highest export potential. In order to aid government with this process, Cuyvers, De Pelsmacker and Roozen (1995) developed a decision support model (DSM) that could determine potential export opportunities for products in Belgium by using a scientifically–based method. This model was adapted for South African products in 2007 and further refined in 2009 and 2010 for the DTI in South Africa. In all cases, the DSM analysis was only applied to products and the services sector was never taken into consideration owing to the data differences and the nature of services. Therefore, this study aimed to develop a similar model for the services sector in South Africa that could identify the sectors and countries with the highest potential for services export diversification. The results of such a model could also be incorporated into a services sector strategy for South Africa. Such a services strategy does not currently exist for South Africa and if the results of this model were incorporated into such a strategy, it would be the first of its kind. The study reviewed the methodology of the DSM for products and found that the methodology of the first two filters could be applied to the available services data in a similar manner. However, owing to the nature of services and the limited availability of data, the third and fourth filters had to be adapted to consider these differences. Therefore, a new model was developed to incorporate the nature of services, and the new model was named the export opportunities model (EOM) for services. A new methodology was developed for the third and fourth filters in the EOM for services. A new cell structure was also constructed to categorise the results of the EOM according to the specific market characteristics, which could be used in export promotion strategies to develop specific promotion instruments for each type of market. The results of the EOM for services on a geographical basis showed that the highest export opportunities for services in South Africa were in Eastern and South–Eastern Asia, followed by the European market. The results also identified specific sectors that have high export potential for South African services. The sectors with the highest export potential are travel, transportation, construction services, communications services and other business services. These results can be incorporated into a services sector export promotion strategy for the DTI in South Africa. The study also compared the results of the DSM for products with the results of the EOM for services, in order to establish guidelines on regional export opportunities for both products and services. The study found that the highest export opportunities were in the Asian and European regions. The DTI in South Africa could use these product/country combinations and services/country combinations to develop specific export promotion instruments and strategies for each region in the world. / Thesis (Ph.D. (International Trade))--North-West University, Potchefstroom Campus, 2011.

This thesis identifies realistic export opportunities for South African products in the rest of the world and specifically in the rest of the African continent. The method chosen to achieve this goal is the Decision Support Model (DSM) developed by Cuyvers et al (1995) and Cuyvers (1997) that was specifically designed to assist export promotion institutions in planning and assessing their export promotion activities. This model is positioned into the international market selection literature and four main refinements to the DSM methodology are introduced to address the limitations of the model and to make it more applicable for the South African international trade conditions. The refined model is then applied to identify product–country combinations with the largest export potential for South Africa in the rest of the world and in the rest of the African continent specifically. The refinements to the DSM filtering process introduced in this study contribute to the effective use and application of the DSM results by South African exporters and more focused export promotion activities by South African export promotion organisations. The four refinements include (i) running the DSM on a HS 6–digit level, (ii) introducing a method to calculate the potential export value of each identified export opportunity in order to prioritise between the product–country combinations identified as realistic export opportunities, (iii) taking the production capacity of South Africa into consideration in order to identify export opportunities that can be pursued immediately due to the country's existing revealed comparative advantage in the production and exportation of these products and (iv) developing a market accessibility index per product–country combination from a South African point of view on a HS 6–digit level in order to make filter 3.2 (barriers to trade) of the DSM applicable for South African conditions. The results of the application of the refined DSM to identify export opportunities for South Africa in the rest of the world include the top 50 worldwide export opportunities. There are 17 countries in which the top 50 worldwide product–country combinations identified as export opportunities for South Africa are located. These include the United States, Japan, India, the United Kingdom, Canada, China, Germany, Israel, Hong Kong, the Netherlands, Australia, Belgium, Singapore, Indonesia, Saudi Arabia, Italy and Brazil. Mineral products (coal, copper and aviation spirit); transportation products (1500 - 3000 cc automobile engines and diesel powered trucks); stone/glass (diamonds, platinum and rhodium) and metals (aluminium, iron/steel structures, nickel) are the product classifications within the top 50 worldwide product–country combinations that hold the largest worldwide export potential for South Africa. In terms of the product–country combinations with the highest export potential for South Africa in the rest of the African continent, there are 18 countries in which the top 50 product–country combinations for South Africa in the rest of the African continent are located. These include Nigeria, Namibia, Ghana, Morocco, Egypt, Zambia, Tunisia, Kenya, Uganda, Zimbabwe, Botswana, Mauritius, Tanzania, Senegal, Mozambique, Algeria, Malawi and Cote d'Ivoire. The products with the highest potential export values in the top 50 product–country combinations for South Africa in Africa include mineral products (aviation spirit, iron ore, sulphur and coal) and transportation products (1500 - 3000 cc automobile engines and diesel powered trucks weighing less than 5 tons). / Thesis (Ph.D. (International Trade))--North-West University, Potchefstroom Campus, 2011.

The services sector has played an increasingly important role in international trade in recent years. The negotiations under the General Agreement on Trade in Services (GATS) in recent years have initiated a global drive to liberalise services trade. However, this liberalisation process holds many challenges, especially for developing countries that do not have an adequate regulatory system to sufficiently support and promote these new export sectors. The Department of Trade and Industry (DTI) in South Africa recognised a need to undertake scientific research to identify the development and export potential of key services sectors. In the period from 2005 until 2009, the services sector contributed 65% on average to the GDP of South Africa. In 2010, 79% of the labour force in South Africa was employed in the services sector. However, services only contributed 19% to total exports from South Africa in the period from 2005 until 2009 (ITC, 2010a). The largest services export sectors for South Africa over the five–year period were travel (63%), transportation (11%), and business services (9%). This indicates that South Africa?s services exports are mostly concentrated in one sector, namely travel, and this clearly indicates the need for South Africa to diversify exports of services into other sectors. Export promotion is one of the methods that governments can use in order to stimulate the export growth of a country. Given the need to increase and diversify the exports of South African services, this study aimed to investigate the literature in order to establish possible guidelines for the export promotion of services specifically. Export promotion instruments should aim to identify potential export opportunities in order to allocate scarce government resources to the active promotion of the sectors with the highest export potential. In order to aid government with this process, Cuyvers, De Pelsmacker and Roozen (1995) developed a decision support model (DSM) that could determine potential export opportunities for products in Belgium by using a scientifically–based method. This model was adapted for South African products in 2007 and further refined in 2009 and 2010 for the DTI in South Africa. In all cases, the DSM analysis was only applied to products and the services sector was never taken into consideration owing to the data differences and the nature of services. Therefore, this study aimed to develop a similar model for the services sector in South Africa that could identify the sectors and countries with the highest potential for services export diversification. The results of such a model could also be incorporated into a services sector strategy for South Africa. Such a services strategy does not currently exist for South Africa and if the results of this model were incorporated into such a strategy, it would be the first of its kind. The study reviewed the methodology of the DSM for products and found that the methodology of the first two filters could be applied to the available services data in a similar manner. However, owing to the nature of services and the limited availability of data, the third and fourth filters had to be adapted to consider these differences. Therefore, a new model was developed to incorporate the nature of services, and the new model was named the export opportunities model (EOM) for services. A new methodology was developed for the third and fourth filters in the EOM for services. A new cell structure was also constructed to categorise the results of the EOM according to the specific market characteristics, which could be used in export promotion strategies to develop specific promotion instruments for each type of market. The results of the EOM for services on a geographical basis showed that the highest export opportunities for services in South Africa were in Eastern and South–Eastern Asia, followed by the European market. The results also identified specific sectors that have high export potential for South African services. The sectors with the highest export potential are travel, transportation, construction services, communications services and other business services. These results can be incorporated into a services sector export promotion strategy for the DTI in South Africa. The study also compared the results of the DSM for products with the results of the EOM for services, in order to establish guidelines on regional export opportunities for both products and services. The study found that the highest export opportunities were in the Asian and European regions. The DTI in South Africa could use these product/country combinations and services/country combinations to develop specific export promotion instruments and strategies for each region in the world. / Thesis (Ph.D. (International Trade))--North-West University, Potchefstroom Campus, 2011.

This thesis identifies realistic export opportunities for South African products in the rest of the world and specifically in the rest of the African continent. The method chosen to achieve this goal is the Decision Support Model (DSM) developed by Cuyvers et al (1995) and Cuyvers (1997) that was specifically designed to assist export promotion institutions in planning and assessing their export promotion activities. This model is positioned into the international market selection literature and four main refinements to the DSM methodology are introduced to address the limitations of the model and to make it more applicable for the South African international trade conditions. The refined model is then applied to identify product–country combinations with the largest export potential for South Africa in the rest of the world and in the rest of the African continent specifically. The refinements to the DSM filtering process introduced in this study contribute to the effective use and application of the DSM results by South African exporters and more focused export promotion activities by South African export promotion organisations. The four refinements include (i) running the DSM on a HS 6–digit level, (ii) introducing a method to calculate the potential export value of each identified export opportunity in order to prioritise between the product–country combinations identified as realistic export opportunities, (iii) taking the production capacity of South Africa into consideration in order to identify export opportunities that can be pursued immediately due to the country's existing revealed comparative advantage in the production and exportation of these products and (iv) developing a market accessibility index per product–country combination from a South African point of view on a HS 6–digit level in order to make filter 3.2 (barriers to trade) of the DSM applicable for South African conditions. The results of the application of the refined DSM to identify export opportunities for South Africa in the rest of the world include the top 50 worldwide export opportunities. There are 17 countries in which the top 50 worldwide product–country combinations identified as export opportunities for South Africa are located. These include the United States, Japan, India, the United Kingdom, Canada, China, Germany, Israel, Hong Kong, the Netherlands, Australia, Belgium, Singapore, Indonesia, Saudi Arabia, Italy and Brazil. Mineral products (coal, copper and aviation spirit); transportation products (1500 - 3000 cc automobile engines and diesel powered trucks); stone/glass (diamonds, platinum and rhodium) and metals (aluminium, iron/steel structures, nickel) are the product classifications within the top 50 worldwide product–country combinations that hold the largest worldwide export potential for South Africa. In terms of the product–country combinations with the highest export potential for South Africa in the rest of the African continent, there are 18 countries in which the top 50 product–country combinations for South Africa in the rest of the African continent are located. These include Nigeria, Namibia, Ghana, Morocco, Egypt, Zambia, Tunisia, Kenya, Uganda, Zimbabwe, Botswana, Mauritius, Tanzania, Senegal, Mozambique, Algeria, Malawi and Cote d'Ivoire. The products with the highest potential export values in the top 50 product–country combinations for South Africa in Africa include mineral products (aviation spirit, iron ore, sulphur and coal) and transportation products (1500 - 3000 cc automobile engines and diesel powered trucks weighing less than 5 tons). / Thesis (Ph.D. (International Trade))--North-West University, Potchefstroom Campus, 2011.

[pt] O comércio exterior garante benefícios significativos para as nações, tanto do ponto de vista macroeconômico quanto microeconômico. Do ponto de vista macroeconômico, as exportações possibilitam o aumento das reservas cambiais e geram oportunidades de emprego proporcionando, consequentemente, melhores condições de vida. Do ponto de vista microeconômico, as exportações estimulam o desenvolvimento de vantagens competitivas, reduzindo a capacidade ociosa, elevando os padrões tecnológicos, potencializando a lucratividade, intensificando o retorno sobre os investimentos e reforçando a grandeza financeira das empresas. O desempenho das exportações das PMEs é particularmente de extrema importância, uma vez que elas são responsáveis por uma parcela significativa das atividades econômicas e podem ampliar substancialmente o resultado das exportações no nível agregado. No entanto, barreiras à exportação e falhas de mercado tendem a afetar sua capacidade de acesso aos recursos estratégicos necessários para garantir um processo de internacionalização bem-sucedido. Analisando pela ótica da Visão Baseada em Recursos (Resource Based View), a incapacidade das PMEs de obter sucesso em expandir-se internacionalmente devido à falta de recursos internos suficientes, know-how e informações sobre mercados estrangeiros, pode ser vista como uma condição de falha de mercado, endossando a participação do governo em iniciativas de promoção às exportações. A partir desse raciocínio e com base no conhecimento existente, o objetivo desta tese é contribuir para a investigação de serviços e sistemas de promoção às exportações em três ensaios. O primeiro ensaio, intitulado Serviços de Promoção às Exportações e Barreiras às Exportações da Firma: Há interação entre as duas literaturas?, visa examinar profundamente estas literaturas, apresentando, apresentando suas contribuições, lacunas e recomendações para estudos futuros. O segundo ensaio, intitulado Iniciativas de Promoção às Exportações junto a um Cluster, aborda o desenvolvimento de longo prazo de um cluster brasileiro de moda praia, utilizando o método do estudo de caso e focando especificamente nas tentativas de desenvolvimento de suas atividades exportadoras. Agentes de promoção às exportações tentaram introduzir novas práticas e atitudes em relação à cooperação entre empresas, mas não obtiveram sucesso. A questão fundamental, portanto, é buscar entender porque as empresas falharam em cooperar, apesar de várias iniciativas e investimentos realizados para promover ações coletivas. O artigo fornece algumas explicações possíveis que sugerem implicações para outros clusters brasileiros. Por fim, a conclusão fornece algumas recomendações para formuladores de políticas públicas sobre o desenho de programas de promoção às exportações. O terceiro e último ensaio, intitulado A Coordenação de Redes de Promoção às Exportações para as Indústrias Criativas, examina por meio do uso do método do estudo de caso, as diferentes abordagens adotadas por três países bem-sucedidos no apoio à internacionalização de suas indústrias criativas, a partir da perspectiva interorganizacional, com foco na coordenação de redes. O estudo fornece evidências empíricas de como diferentes abordagens, da centralização da rede de promoção às exportações à descentralização dos esforços de promoção, e de uma coordenação mais frouxa até uma mais rigorosa, podem ser usadas para promover as exportações de empresas pertencentes às indústrias criativas. Os resultados também sugerem que cada contexto pode exigir uma abordagem diferente para a coordenação das atividades das Instituições de Apoio ao Comércio Exterior. O grau de desenvolvimento econômico de cada país, os recursos disponíveis, a maturidade da indústria, bem como, questões culturais, podem desempenhar seu papel na determinação da abordagem mais adequada para cada país e setor. / [en] Foreign trade provides significant benefits to nations from both macroeconomic and microeconomic perspectives. From a macroeconomic point of view, exports allow the increasing of foreign exchange reserves and generate employment opportunities, consequently leading to improved living standards. From a microeconomic perspective, exports stimulate the development of competitive advantages, reducing idle production capacity, raising technological standards, powering profitability, intensifying return on investments, and enhancing firms financial stature. SMEs export performance is particularly of utmost importance since they are responsible for a significant portion of economic activities and could amplify substantially exports outcome at the aggregate level. However, export barriers and market failures tend to affect their capacity to access strategic resources necessary to guarantee a successful internationalization process. From a resource-based perspective, the inability of SMEs to successfully expand abroad due to their lack of sufficient internal resources, know-how, and information about foreign markets may be seen as a condition of market failure, therefore endorsing government s participation in export promotion initiatives. In accordance with this rationale and building on the existing knowledge, the aim of this thesis is to contribute to the investigation of export promotion services and systems in three essays. The first essay, entitled Export Promotion Services and Firm Export Barriers: Do These Literatures Interact?, – aims to thoroughly examine the two literatures, presenting their contributions, gaps, and recommendations for future studies. The second essay, entitled Export Promotion Initiatives in a Cluster, - approaches the long-term development of a Brazilian beachwear cluster, using the case method of investigation and focusing specifically on the attempts to develop exporting activities. Export promotion agents have tried to introduce new practices and attitudes toward cooperation among firms but failed to do so. The key issue, therefore, is to understand why the firms failed to cooperate, despite several initiatives and investments to promote collective actions. The paper advances some possible explanations, with implications to other Brazilian clusters. Finally, the conclusion advances some recommendations for public policymakers concerning the design of export promotion programs. The third and last essay, entitled The Coordination of Export Promotion Networks for the Creative Industries, examines through the use of the case method of investigation the different approaches adopted by three successful countries in supporting the internationalization of their creative industries, adopting an interorganizational perspective, focusing on network coordination. The study provides empirical evidence of how different approaches, from the centralization of an export promotion network to decentralization, and from loose coordination to tight, may be used to promote the exports of firms in the creative industries. The results also suggest that each context may require a different approach to the coordination of Trade Support Institutions activities. The degree of economic development of each country, the resources available, the maturity of the industry, as well as cultural issues, may play a role in determining which approach could be a better fit for each country and sector.

A compreensão da dinâmica de persistência e evasão da atividade exportadora é fundamental para o desenho de incentivos adequados às firmas estreantes no mercado internacional e encontra respaldo nos modelos da nova teoria do comércio internacional. O propósito deste trabalho é investigar os determinantes do desempenho de firmas industriais brasileiras estreantes no mercado internacional, em termos de probabilidade de sobrevivência e evolução do valor exportado, com especial atenção aos impactos dos instrumentos de apoio Drawback, BNDES Exim e Proex. Para tanto, serão analisadas empresas estreantes no comércio exterior entre os anos de 1998 e 2003, configurando um painel desbalanceado com 8,5 mil firmas. Por meio de análise econométrica para dados em painel e estimação de modelos de duração, verificou-se que a função de sobrevivência e crescimento do valor médio exportado no tempo difere claramente entre firmas que utilizam um dos benefícios e aquelas que não o fazem. Também se pode afirmar que custos irreversíveis de entrada no comércio internacional não sejam desprezíveis entre as firmas industriais analisadas, o que indica que os programas públicos de promoção de exportações devam se concentrar na (i) redução da taxa de abandono das recém-exportadoras e (ii) na minimização dos custos fixos associados aos investimentos para entrada no mercado exportador. / Understanding the dynamics of persistence and evasion of export activity is essential for the design of export promotion for new exporters and international trade policies. Several results point to the importance of taking into account the specific sector of the industry in the implementation of public policies, which is supported by the new models of international trade theory. The purpose of this work is to investigate the determinants of the performance of Brazilian industrial new exporters, with particular attention to the impacts of Drawback, BNDES Exim and Proex. For this, we analyzed firms between the 1998 and 2003, constituting an unbalanced panel with 8500 firms. By panel data analysis and estimation of duration models, we found that the survival function and the growth of exports clearly differs among companies that use one of the programs and those that do not. One can also say that sunk costs are not negligible among the industrial firms analyzed, which indicates that public export promotion should focus on (i) reducing the dropout rate of new exporters and (ii) minimize the fixed sunk costs related with initial investments to begin the export activty.

The dissertation thesis focused on a topical issue of the economic diplomacy, its role in the current economic discourse and its implication for the Czech Republic. The main contribution of the thesis can be seen in linking traditional economic issues, such as external economic relations balance with political issues, for example the governance of economic diplomacy on the national level. Being placed between economics and politics is a typical feature for the economic diplomacy. The thesis analysed various aspects of economic diplomacy, predominantly the export promotion and foreign direct investments. The Czech economic diplomacy has a big potential for further development. The Czech entrepreneurs are quite successful on foreign markets, both in the developed countries and in the third World. If the identified weaknesses were eliminated and some improvement measures were adopted, the positive impact on the economy and the business environment will arrive soon. The economic diplomacy plays an important role in the open economy, which is also the case of the Czech Republic. It also hugely affects the external economic balance of the country. The thesis also showed that the governance of the Czech economic diplomacy suffers from major deficiencies, particularly in terms of the distribution of powers and responsibilities. This hinders an efficient functioning of the state system of export promotion. In addition, the state support is not targeted enough at the sector of SMEs that needs the most support. The level of awareness about the public services provided is low. On the other hand, the findings showed that another important element of the economic diplomacy, the state support of foreign direct investments is very instrumental in the competitiveness of the economy and thus substantively contributes to the economic growth. The comparative analysis of the governance systems in Germany, Austria, Finland and France revealed that although the Czech system of economic diplomacy governance is similar to a certain extent to the analysed countries, there are still some issues to deal with that negatively affects the efficiency. There are a number of suggestions for further improvement provided in the thesis that can be used by the policy makers.

This Master's thesis focuses on nation branding in developing countries. Nation branding is an emerging discipline that aims to build and improve a nation's image through the application of marketing techniques. The aim of the thesis is to contextualize the nation branding of developing countries within the broader framework of the theory and practice of nation branding and development studies. The thesis is structured into three chapters. The first chapter offers an introduction into the theory and practice of nation branding and the critique attached to it. The second chapter then looks at how nation branding fits into the wider context of development studies, and the scale of its relevance for developing countries with a special focus on its application for export, FDI and tourism promotion and its significance in development co-operation. The last chapter is dedicated to case studies of application of nation branding in two developing countries: Uruguay and Thailand. The conclusion sums up the results.