Large bank privatization and economic transformation in the czech republic in the nineties

2000 ◽  
Vol 9 (3) ◽  
Author(s):  
Donald G. Simonson
Keyword(s):  
Czech Republic ◽  
Economic Restructuring ◽  
Economic Transformation ◽  
Large Bank ◽  
The Czech Republic ◽  
Banking Policy ◽  
Credit Creation ◽  
Bank Privatization

This paper examines the two crucial factors in Czech banking policy that explain why Czech banks were not an effective support for economic restructuring in the nineties. These factors are: the subsistence of unrestructured, non-viable firms that undermined development of banks' debt monitoring role and stunted the development of bankruptcy and commercial laws needed to support credit creation and, delays in privatizing the large bank hegemony that rendered the banks themselves unrestructured, undercapitalized and poorly competitive with foreign institutions.

Das verstaatlichte Glasgewerbe der Tschechoslowakei: Systemdefizite als Chancengeber für Qualitätssicherung und Innovationsfähigkeit

2017 ◽  
Vol 58 (2) ◽  
pp. 439-466
Author(s):  
Verena Wasmuth
Keyword(s):  
Czech Republic ◽  
Glass Industry ◽  
Economic Transformation ◽  
The Political ◽  
Term Survival ◽  
New Markets ◽  
The Czech Republic ◽  
Long Term Survival ◽  
Industry Trade

Abstract Following the political and territorial events of 1918, 1945, and 1989, the Czechoslovak glass industry was facing similar adversities in the search for new markets. The cooperation between industry, trade, and professional designers proved a successful way out of the crisis. A closer look at the players involved in the economic transformation reveals that the diversified promotion of design ensured the long-term survival of the manufacture and finishing of glass in the Czech Republic, and thus the traditional reputation of the industry as a whole.

Investment Attractiveness of Visegrad Group Countries

2014 ◽  
pp. 740-775 ◽  
Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek
Keyword(s):  
Foreign Direct Investment ◽  
Czech Republic ◽  
Direct Investment ◽  
Economic Transformation ◽  
Geographic Proximity ◽  
The Czech Republic ◽  
Shared Experiences ◽  
Main Determinants ◽  
Political Economic ◽  
Visegrad Group

The aims of this chapter are to evaluate the main determinants of the inflow of FDI into selected countries of CEE and to examine the volume, dynamics, and structure of FDI inflow into these countries. Due to certain similarities, the authors focus the analysis on four countries: Poland, the Czech Republic, Hungary, and Slovakia. The reasons are geographic proximity, political, economic, and cultural similarities, as well as shared experiences of economic transformation. This chapter focuses on matters pertaining to foreign direct investment, mostly on the reasons motivating FDI inflow in light of selected studies and theories. The authors also provide characteristics of the dynamics and structure of FDI inflow into the V4 countries. The final part of the chapter compares investment attractiveness, the system of incentives, and identifies barriers facing investors in the analyzed countries.

scholarly journals Borderland in regional development and the relevant research

Geografie ◽  
2000 ◽  
Vol 105 (1) ◽  
pp. 1-9
Author(s):  
Milan Jeřábek
Keyword(s):  
Czech Republic ◽  
Social Economic ◽  
Economic Transformation ◽  
Foreign Affairs ◽  
Economic Conditions ◽  
Relevant Research ◽  
The Czech Republic ◽  
Grant Agency ◽  
Transitory Function ◽  
The Given

The geographic public receives another monothematic issue dedicated this time to the Czech borderland. Specific problems, conditioned by differentiated physical-geographical and mainly social-economic conditions of the given territory, have been studied since the 1930's. The 1990's have undoubtedly brought a new impulse to its development connected both with internal processes (democratization of the society, economic transformation, etc.) and external aspects (for instance its exposed position, transitory function, European integration). The running changes have become a challenge for researchers from different geographical work places studying, up to now in a more or less isolated way, only segments of the borderland (for instance those of Ústí nad Labem are interested in the Bohemian-Saxon border). Two similarly aimed projects monitoring the part of the Czech borderland, the importance of cooperation with neighbouring countries and integration of the Czech Republic into European structures have been solved with the backing of the Ministry of Foreign Affairs of the Czech Republic (1998-1999) and the Grant Agency of the Czech Republic (1999-2000). The authors of the published papers mainly come from the work places involved in these two projects, but also other colleagues, including those from abroad, have been invited to take part. The intention of this volume is to stress the concrete problems or situations in the model borderland regions and to rise up a discussion on the problems of the borderland at present and in the future.

scholarly journals Marriage, Childbearing and Single Motherhood: Trends in Attitudes and Behaviour in Czechia and Slovakia from 1991 to 2017

2019 ◽  
Vol 16 (2) ◽  
pp. 25-50
Author(s):  
Beatrice-Elena Chromková Manea ◽  
Ladislav Rabušic
Keyword(s):  
Czech Republic ◽  
Personal Values ◽  
Transformation Process ◽  
Economic Transformation ◽  
Demographic Changes ◽  
Single Motherhood ◽  
The Czech Republic ◽  
Attitudinal Survey ◽  
Attitudes Towards Marriage

Given the intensive political and economic transformation process, followedby demographic changes that has characterized the Czech Republic and Slovakia since 1989, we examine the variation in personal values and attitudes towards marriage, childbearing and single motherhood in these two countries. The main goal is to examine if the trends in values concerning marriage, childbearingand single motherhood observed between 1991 and 2017 were accompanied by similar demographic changes. Data from four waves of the European Value Study (EVS) are used, together with official vital demographic statistics. Our analysis shows that the correspondence between attitudinal survey-micro-dataand aggregated (statistical) macro data is quite considerable and that there is a link/association between attitudes and behaviours.

scholarly journals Clustering Analysis of Energy Consumption in the Countries of the Visegrad Group

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5612
Author(s):  
Michał Gostkowski ◽  
Tomasz Rokicki ◽  
Luiza Ochnio ◽  
Grzegorz Koszela ◽  
Kamil Wojtczuk ◽  
...  
Keyword(s):  
Cluster Analysis ◽  
Czech Republic ◽  
Energy Consumption ◽  
Energy Absorption ◽  
Economic Transformation ◽  
The Other ◽  
The Czech Republic ◽  
The Impact ◽  
Visegrad Group ◽  
The Eu

The main purpose of this paper is to assess energy consumption with a breakdown into main sectors of the countries that belong to the Visegrad Group. The specific objectives aim to determine changes in energy absorption, its productivity, structure by sectors and to show the similarities of the Visegrad Group countries to the other EU states in terms of the sectoral energy absorption structure. All members of the Visegrad group, i.e., Poland, Hungary, Slovakia and the Czech Republic, were purposefully selected for the study as of 31 December 2018. The research period covered the years 1990–2018. The sources of gathered information were the literature on the subject and OECD data. The following methods were used for the analysis and presentation of materials: explanations, tabular and graphical depictions, descriptive statistics, dynamics indicators, and cluster analysis performed with the following methods: k-means, hierarchical agglomerative clusters and DIvisive ANAlysis (DIANA). There is a limited number of previous studies on the relationship between the national level of economic development and energy consumption in different sectors of industry. Additionally, there are no such analytical projects concerning EU states. The article fills the research gap in this area. It was established that the dynamics of productivity growth over the nine years (2010–2018) was similar in the countries of the Visegrad group and on average for the EU. This means that the members of the Visegrad group did not actually improve their energy efficiency as compared to the EU average. The reason may be the increasingly faster implementation of modern technologies in developed economies of Western Europe as compared to the developing countries, which include the members of the Visegrad group. The conversion of the economy had a very large impact on changing the structure of energy absorption by sector. Industry and agriculture lost their importance. On the other hand, the transport and service sectors benefited. As a result of the cluster analysis, all EU (European Union) states were divided into four groups. Poland, the Czech Republic, and Hungary found themselves in one group, along with most Western European countries. This may mean that the economies of these states have become unified with highly developed economic systems. Slovakia found itself in the group of states with a greater importance of industry. The study complements the contribution to the theory. From a practical point of view, it shows the impact of economic transformation on changes in energy consumption in individual sectors, which may be a model of transition in this area.

Investment Attractiveness of Visegrad Group Countries

2014 ◽  
pp. 239-288 ◽  
Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek
Keyword(s):  
Foreign Direct Investment ◽  
Czech Republic ◽  
Direct Investment ◽  
Economic Transformation ◽  
Geographic Proximity ◽  
The Czech Republic ◽  
Shared Experiences ◽  
Main Determinants ◽  
Political Economic ◽  
Visegrad Group

The aims of this chapter are to evaluate the main determinants of the inflow of FDI into selected countries of CEE and to examine the volume, dynamics, and structure of FDI inflow into these countries. Due to certain similarities, the authors focus the analysis on four countries: Poland, the Czech Republic, Hungary, and Slovakia. The reasons are geographic proximity, political, economic, and cultural similarities, as well as shared experiences of economic transformation. This chapter focuses on matters pertaining to foreign direct investment, mostly on the reasons motivating FDI inflow in light of selected studies and theories. The authors also provide characteristics of the dynamics and structure of FDI inflow into the V4 countries. The final part of the chapter compares investment attractiveness, the system of incentives, and identifies barriers facing investors in the analyzed countries.

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