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The authors critically discuss some of the theses of Svetozar Pejovich from his article On the Privatization of "Stolen Goods" in Central and Eastern Europe. The Independent Review, v. X, N. 2, Fall 2005, s. 209-229. ISSN 1086- 653. Their polemic can be summarized as follows: (1) According to...
Persistent link: https://www.econbiz.de/10005036687
We analyze the extent of the integrated state control over the privatized companies in the Czech Republic during the decade of 1995-2005. During this period, the integrated potential of the state to control companies had a pyramid-like form. Even though the pyramid control was not fully...
Persistent link: https://www.econbiz.de/10008876460
The author reverts the current mainstream discussion of deflation hampering economic growth. The author first revises the definition inflation that is often misinterpreted. He shows that deflation is a natural phenomenon that often follows periods of unsustainable asset-price bubbles. He also...
Persistent link: https://www.econbiz.de/10008549712
Paper analyzes the Czech social security and tax system as their redistribution aspects are concerned. On a basis of individual data, authors find that social security programs are usually properly targeted but that the tax breaks favor richer households. A microanalysis of tax expenditures is...
Persistent link: https://www.econbiz.de/10008549753
Èlánek se zabývá deflací, zkoumá její pøíèiny a stanovuje její typologii. Na základì tohoto zkoumání ústí v závìr, že dokud ekonomie bude stavìt na subjektivitì užitku, který nelze meziosobnì srovnávat, bude poskytovat jediný závìr. Antideflaèní politika...
Persistent link: https://www.econbiz.de/10008549826
redistribution, a written constitution, and duality of power. Federalism is a philosophy and a political instrument enabling a … federation to function. The principle of federalism is an aggregation of cultural, social, economic, linguistic, and intellectual … disparities within a federation. Federalism can become a mainstream integration theory: the present MLG can be defined as an …
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