While the significance of tourism for the Czech Republic's economy is relatively high, it is far from being the dominant industry. Despite the recent substantial investments in this particular field of economic activity, the share of tourism in the gross value added has been steadily declining,...

The article is concerned with the economics of religion. The first chapter is introduction into the economics of religion by Adam Smith. The second chapter asks the question whether the secularization hypothesis is tenable. The third chapter analyzes the allocation of time and church attendance...

This paper provides a comprehensive assessment of issues related to the restructuring of large industrial enterprises in Central and Eastern Europe. The experience with industrial restructuring in the region to date suggests that policies aimed at promoting restructuring should focus on: (i)...