The Middle European Economics have been being very successful for long time. It is time to "ex post" evaluation of the Investment Incentives policy that has been broadly used. Linear Mathematical Programming is able to distinguish which of examined units are efficient and which are not. In this...

This article summarizes the main points discussed at the seminar on The Exhaustion of Resources: 150 years of One Economics Discussion?, presented by the Czech Economic Association (CEA) in January 2003. There were two main speakers at the seminar: the first was Mojmír Hampl (Èeská...

The first part of the paper formulates the definition of the knowledge and the new economies and two systems of quantitative characteristics for the new economy - the American and the European ones. The knowledge economy can be regarded as a general characteristic of the current and important...

Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic activity took place at the end of 2008 and in the year 2009. On the supply side the main contributing factors were labour and total factor productivity. On the demand side the...

New approaches are being searched for to assess regional policy in connection with the specification of a new paradigm of regional development. The article pays attention to the assurance of a sustainable growth rate of economies in Czech regions. The methodological base of the solution is a...

The study is focused on macroeconomic stability of the Czech economy. The first part (methodological) stems from the system of national accounting which offers two approaches: from the point of view of relationship between domestic supply and demand and between savings and investments....

Gradual narrowing of the gap between consumer and investment demand was one of major achievements of 2003, supporting the long-term sustainability of Czech economic growth. In the first half of 2004, industry and construction witnessed strong growth, retail trade showing a considerable slowdown....

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...

This paper deals with the narrowing the income gap between the Central and East European New Member States (NMS-5) and the EU-25 and with the trade-off between the real and nominal convergence. The methodology is based on international standards enabling comparisons of macroeconomic indicators,...