Čínske hospdárske reformy predstavujú unikátnu skúsenosť svetovej ekonomiky. Ich význam nespočíva iba v ich výsledkoch, ale aj v spôsobe, akým boli realizované. Reformný proces sa vyznačuje viacerými špecifikami, ktoré predstavujú alternatívu k tradične aplikovaným...

New members of the EU will not form an optimum currency area with the present eurozone member states. The article discusses some costs and benefits of an early EMU entry for the Czech Republic (and other Central-European economies). The authors concentrate on the consequences of loss of...

This article explores development of the industrial structure of the Czech economy in the last ten years from the point of view of the gross value added and employment. It goes from the macroeconomic view at the level of the basic sectors to more detailed view focused on the individual branches....

This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...

Czech Abstract: Proč je teorie dobývání renty užitečnou teorií? V článku je argumentováno, že poslední kritika teorie dobývání renty není nová ani významná. Na základě vysvětleného základního konceptu teorie dobývání renty autor vysvětluje její kritiku, která...

Czech Abstract: Cílem příspěvku je analýza vývoje regulace a deregulace v České republice v období let 1990–2005, postihnutí hlavních vývojových trendů v této oblasti a analýza vývoje jak celkové výše regulace, tak její kvality. Pojem regulace je v článku zúžen na...

The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of the fundamental economic questions than the...

The paper presents an empirical analysis of the Prague stock exchange as a whole approximated by the index and also selected issues traded on the Prague stock exchange. The goal of the paper is to verify the relationship between the market as a whole and the selected issues on one hand and...

Informed trading is one of the key factors that can obstruct the efficient functioning of a financial market. The authors examine the extent of informed trading in the Czech Republic, where the financial market is alleged to be driven by informed trading. In applying the model developed by...

This paper considers the interaction among equity markets in the Czech Republic and those in developed countries. Also considered are cross-listed securities traded in the Czech Republic whose global depository receipts (GDRs) are listed in London. The models used include Granger causality,...