Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The economic growth measured by the indicators of real...

The Czech Republic is a destination of huge direct foreign investments (FDI) in last ten years. FDI impact all basic macro-economic indicators - they affect economic expansion, price level progress, employment market also country outer economic standing. But real impression of FDI is far...

This article attempts to answer a few open questions related to price convergence in the Czech Republic and in other Central and Eastern European Countries toward prices in the European Union. The authors address the following issues: First, what, from the theoretical viewpoint, should the...