The paper examines development of economic balance and efficiency of monetary and fiscal policy in the Czech Republic and Slovakia during the crisis with the help of empirical verification of Robert Mundell´s model of effective market classifi cation. Our main findings show that although there...

This paper describes the specifics of the current development of the world economy and discusses implications for new member states of the European Union, the EU NMS, with a small case study on the Czech Republic. The paper is divided into four parts: the trends, the EU NMS and the effects of...

Foreign direct investment has become an important factor of development of economies in the last decades. However, its economic nature as well as its relationship with corruption has not yet been clarified in economic literature. Following previous theoretical research, mainly Dunning’s...

The article examines recent developments in the Russian retail trade and automobile industry as in the two very dynamic sectors of the Russian economy by stating and forecasting sales trends, presenting main market participants, shares of business forms and deducing perspectives for Central and...

The article compares the market openness of Brazil, Russia, India and China with the one of the Central and Eastern European countries. The comparison is performed in relative terms in the form of a basic/visual examination of openness to foreign trade and investment and as an identification of...

The paper examines development of economic balance and efficiency of monetary and fiscal policy in the Czech Republic and Slovakia during the crisis with the help of empirical verification of Robert Mundell´s model of effective market classifi cation. Our main findings show that although there...