The aim of this article is to analyze trends of business cycle in the past decades. The main issues are following. Reasons of declining in economic activities. Special features of the postwar cycles. Causes of long-run changes in business cycle. Countercyclical policies. Impacts elements of new...

The paper presents alternative analytical approaches to evaluation of structural changes in selected transition economies (Czech Republic, Poland, Hungary, Slovakia, Slovenia). The analysis starts from the comparison of intensity of structural changes, as an introductory (quantitative) concept...

This paper deals primarily with supply-side performance of the Czech economy. Macroeconomic part of the analysis points out very low growth rate of total factor productivity, as well as high sensitivity of imports to real GDP growth. It also demonstrates

The serious economic problems that Japan is facing in last five years are different from those having faced in the past. They are based on least three factors. The first reason of it are the structural problems: most of them previously acted been positively factors in post-war performance of...

This article explores development of the industrial structure of the Czech economy in the last ten years from the point of view of the gross value added and employment. It goes from the macroeconomic view at the level of the basic sectors to more detailed view focused on the individual branches....