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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
The authors critically discuss some of the theses of Svetozar Pejovich from his article On the Privatization of "Stolen … privatization of an individual enterprise with the privatization of the society as a whole, i.e. the actual task of the governments … the attempts to postpone, e.g., privatization - freeze it till some optimal legal frame emerges and-or is installed. (4 …
Persistent link: https://www.econbiz.de/10005036687
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...
Persistent link: https://www.econbiz.de/10008509955
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....
Persistent link: https://www.econbiz.de/10005036641
Economic growth of the Czech Republic differed strongly in two periods: 1996-1999 and 2000-2004. While in the first period the economy was hit by the recession and the average annual rate of growth of GDP reached only 0,9 %, in the second period the growth accelerated to 3,2 %. The economic...
Persistent link: https://www.econbiz.de/10005036696
Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The economic growth measured by the indicators of real...
Persistent link: https://www.econbiz.de/10008754966
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)...
Persistent link: https://www.econbiz.de/10008549928