The paper describes process of electricity market liberalization, and concentrates on one phase - unbundling. First part sums up findings on electricity market liberalization, and explains unbundling principles, initial situation and expected outcome. In the second part unbundling costs are...

Czech Abstract: Článek zkoumá pojetí pravdy v ekonomii. Je argumentováno, že pravda je v ekonomii chápána jak ve smyslu korespondence, tak ve smyslu koherence. Konkrétně platí, že aplikovaná ekonomie pracuje s pojetím pravdy v prvním smyslu, kdežto teoretická ekonomie ve smyslu...

The paper deals with the thematic structure of journal articles according to the Journal of Economic Literature (JEL) classification system. For this purpose, three representative periodicals from 1999 to 2002 are analysed by examining the publications by Czech and European economists. The...

The article deals with socio-economic aspects of responsible behaviour of owners, entrepreneurs and managers in practice of economic transformation. As the starting point of defining the concept of responsibility serves the elaboration of basic theoretical economic, juristic, philosophical and...

Úspešnou ekonomikou na svetovom trhu môže byť iba taká trhová ekonomika, ktorá dokáže produkovať také výsledky, ktoré obsahujú maximum informácií, ľudského intelektu stelesneného v jednotlivých produktoch. Na základe tohto poznania osobitná pozornosť je venovaná práve...

The article summarizes recognized empirical knowledge about the causes of currency crises, making use of several extensive empirical studies carried out in the late 1990s, and examines select theoretical models of such causation. The results are divided into three levels of causes: general risk...

The paper provides an introduction to essays published in this volume, which focus on nominal and real convergence in transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via developments in real exchange rates. Key issues...