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Bank privatization - critical view of the czech deal

Havel, Jiří - In: Politická ekonomie 2004 (2004) 1, pp. 17-34

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

A brief overview of airport regulation in Europe

Iltis, Martin - In: Ekonomika a managment 2010 (2010) 3

This article presents the principal arguments for formal economic regulation of airport operators. It also briefly compares and contrasts the main regulatory systems and provides a simplified overview of the regulatory regimes currently applied at the largest European airports. Finally, a...

Persistent link: https://www.econbiz.de/10009398886

Bureaucratic constraint of the quality of regulation

Gregorová, Lenka; Žák, Milan - In: Politická ekonomie 2008 (2008) 2, pp. 196-228

The paper analyzes an important part of the institutional quality - regulation and studies relation between the regulatory environment and the bureaucratic barriers. The analysis is based on theoretical models of the comparative institutional economics. In the paper, we discuss possibilities of...

Persistent link: https://www.econbiz.de/10005036585

Institutions and performance

Vymětal, Petr; Žák, Milan - In: Politická ekonomie 2005 (2005) 4, pp. 545-566

The article is based on the thesis that institutional quality influences the economic performance. From this point of view under certain circumstance the government policy is able to increase efficiency and performance of economies through creation, maintenance and cultivation of appropriate...

Persistent link: https://www.econbiz.de/10005036666

EU: Can federalism become the chief integration theory?

Šimíková, Ivana - In: Acta Oeconomica Pragensia 2009 (2009) 1, pp. 27-44

Federation is one type of state characterised by a contractual and constitutional structure, multilevel power 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...

Persistent link: https://www.econbiz.de/10005079044

Budgetary rules and budget process: Theory, empirics, and the case of the Czech Republic

Gregor, Martin - In: Politická ekonomie 2008 (2008) 4, pp. 484-504

We survey theories of impacts of budgetary rules in the budget process, review empirical evidence and on the basis of comparative studies attempt to design the optimal shape of the Czech budgetary rules. The theoretical part focuses on conventional and non-intuitive effects of spending caps and...

Persistent link: https://www.econbiz.de/10008754959

The Process of Expenditures´ Certification of the Programme Solidarity and Management of Migration Flows

Jedličková, Vladislava - In: Acta Oeconomica Pragensia 2010 (2010) 5, pp. 35-57

Mechanisms for implementing community programs resulting from general principles of Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities and Commission Regulation (EC, Euratom) No 2342/2002 laying down detailed rules for...

Persistent link: https://www.econbiz.de/10008784818

Modifying IS-MP-IA Model for the Czech Economy

Hušek, Roman; Švarcová, Radka - In: Acta Oeconomica Pragensia 2007 (2007) 1, pp. 20-26

Modifying IS-MP-IA model by using EU economic characteristics allows for better interpretation of the results. Specifically, from the point of view of the IS and MP curves we obtain useful information about the influence of EU economy on the Czech economy (i.e. on its GDP). We may conclude that...

Persistent link: https://www.econbiz.de/10005036446

Interest rate differentials and the debt in the euro-zone

Kubíček, Jan - In: Politická ekonomie 2006 (2006) 6, pp. 816-833

The paper deals with unintended consequences of the monetary union for the level of debt in the member countries of the eurozone. First, it is shown that there exist systematic inflation and real interest rate differentials among the member countries. These differentials reach up to 3 percentage...

Persistent link: https://www.econbiz.de/10005036596

The New ECB Governing Council Voting-Modalities Scheme: An Outside View

Procházka, Petr - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 3-4, pp. 117-137

With the accession of 10 new European Union member states in May 2004, much attention is being placed on the governance of European Community institutions. This article focuses specifically on discussions of European Central Bank (ECB) governance, particularly as regards the ECB?s amendment of...

Persistent link: https://www.econbiz.de/10008495764