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The authors critically discuss some of the theses of Svetozar Pejovich from his article On the Privatization of "Stolen … privatization of an individual enterprise with the privatization of the society as a whole, i.e. the actual task of the governments … the attempts to postpone, e.g., privatization - freeze it till some optimal legal frame emerges and-or is installed. (4 …
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Privatization of the Czech banking sector was not an ideal process. Many errors and failures could be mentioned. The … about a great interest of potential investors. Also the timing of privatization of Czech banks is a topic for a discussion …: It is complicated to deduce when was the optimal time for privatization but the majority of economists concluded that the …
Persistent link: https://www.econbiz.de/10005036610
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 main goal of this paper is to analyse the process of price convergence (beta and sigma convergence) in new EU Member States towards the Euro area (EU-12). The theoretical part of the paper consists of a brief overview of methods that are employed for analyses of the process of price...
Persistent link: https://www.econbiz.de/10009293709
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...
Persistent link: https://www.econbiz.de/10008549821
On the background of current global mortgage crisis the article discusses the housing market theory and particularly the methods and indicators used for the evaluation of long-term sustainability of house price trends. The authors provide the time series of such indicators for selected OECD...
Persistent link: https://www.econbiz.de/10008577446
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