Geoeconomics - hope for our children?
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Autor: Jana Piteková
In: REFLEXIE. Kompendium teórie a praxe podnikania
ISSN: ISSN 2730-020X
Ročník: IX.
Číslo: 1
Strany: 44-56
Rok vydania: 2025
Vydavateľ: VERBUM – vydavateľstvo Katolíckej univerzity v Ružomberku
Abstract: A woman's natural desire is to become a mother and give birth to a child. Every mother wishes that her child could grow up in peace, tranquility, surrounded by love and that she would never have to see her child starve, suffer and fear for his life in wars. Mothers living in democracies with a closed market cycle (USA, Europe) usually do not have to deal with these problems. Economics is the science that explains the system in which we live. Thanks to it, in 2020, "only" 10% of the population worldwide had trouble eating enough, but 200 years ago it was up to 90%. Currently, macroeconomics (studying households and businesses in a certain territory, e.g. in the USA, EU) is a very lively science, we encounter it in the media every day. Globalization has "shrunk" the world, so today we do not only follow individual countries in Europe, but also what is happening in China, Russia, the USA, we are interested in the whole world. Microeconomics focuses on the behavior of one person in various market positions – from the perspective of a household and a business in the goods market, as well as in the factor market. The title of the paper already shows that the subject of the study will be macroeconomics, or if we perceive a closed market cycle worldwide, then geoeconomics, which some call the “new economy” (Stiglitz, 2016, Clayton et. al, 2025). The aim of the paper is to point out that just as the closed market cycle has significantly helped reduce hunger on earth over the past 200 years, in the coming decades it can help our children have the hope of living in peace. Because even those from the most developed and richest countries cannot have a happy childhood without peace. The kind that I and our children had. Geoeconomics explains the potential of the economy from the perspective of the whole world. From the perspective of our beautiful little planet, which God has blessed with a closed market cycle.
Keywords: Geoeconomics. Geoeconomy. The market cycle. The A-B-C model.
Citácia:
PITEKOVÁ, Jana, 2025. Geoeconomics - hope for our children? In: REFLEXIE. Kompendium teórie a praxe podnikania. Online. Ružomberok: VERBUM – vydavateľstvo Katolíckej univerzity v Ružomberku, vol. IX., no. 1, pp. 44-56. ISSN 2730-020X. Available from: