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...

The Czech Economic Association, in co-operation with the Czech National Bank, organised a public seminar on ?The State of the Phillips Curve,? which featured a lecture by Professor Laurence Ball, in Prague in April 2001. Professor Ball, a professor of economics at John Hopkins University, began...