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)...

The authors critically discuss some of the theses of Svetozar Pejovich from his article On the Privatization of "Stolen Goods" in Central and Eastern Europe. The Independent Review, v. X, N. 2, Fall 2005, s. 209-229. ISSN 1086- 653. Their polemic can be summarized as follows: (1) According to...

This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced economies, we control for accompanying ownership changes...

V polovinì prosince 2001 se pod tímto názvem uskuteènil již tøiatøicátý semináø Èeské spoleènosti ekonomické v øadì semináøù ?Ekonomické teorie a èeská ekonomika?. V úvodním vystoupení Štìpán Jurajda (CERGE-EI) vymezil základní pojmy, sumarizoval pøíèiny...

Joint-stock companies are among the most fundamental components of a market economy. “Voucher privatization” in the Czech Republic saw an abrupt mushrooming of joint-stock companies where none had appeared for over a generation. This occurred in an environment lacking in guiding...

Privatization of the Czech banking sector was not an ideal process. Many errors and failures could be mentioned. The role of national banking for the raising of national entrepreneurial class was overvalued. There was also a broad naiveté about a great interest of potential investors. Also the...

The study preciously analyses and reconstructs the diffi cult process of the constitution and development of the Institute of the Economic History since its origin (1958) to the time of changes after 1989. It was the fi rst Czech institute of the conomic history; in its head there were Professor...

The main aim of this bibliographical essay is to analyse the major tendencies of the research in the sphere of Czech (Czechoslovak) economic and social history in the 1990s. The bibliography of key studies is divided to fi ve chapters: 1) the surveis, synthesis, general and metodological...

The antifascist movement in Czechoslovakia during the Second World War paid considerable attention to conceptualizing economic and social policy after the liberation of the country. Between 1939 and 1945 the resistance movement consisted of several mainstreams. Czechoslovak political...

The Great Depression deepened problems of the Weimar Republic and contributed to the establishment of the Nazi dictatorship. However, the symptoms of weakness in the economical sphere could be already seen in the late 1920s. The indebtedness of the state and high public expenditures related to...