Operating Performance of Privatized Companies in Transition Economies - The Case of Poland, Hungary and the Czech Republic

2003 ◽  
Author(s):  
Wolfgang Aussenegg ◽  
Ranko M. Jelic
Keyword(s):  
Czech Republic ◽  
Transition Economies ◽  
Operating Performance ◽  
The Czech Republic

scholarly journals Inclusive Growth in CEE Countries as a Determinant of Sustainable Development

2018 ◽  
Vol 10 (11) ◽  
pp. 3973 ◽  
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska
Keyword(s):  
Sustainable Development ◽  
Multivariate Analysis ◽  
Czech Republic ◽  
Transition Economies ◽  
Eastern European ◽  
Inclusive Growth ◽  
Development Research ◽  
The Czech Republic ◽  
Components Analysis ◽  
Eastern European Countries

Pursuant to the concept of inclusive growth, the authors analyze the transition economies of Central and Eastern European countries, which have become EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, and Slovenia). CEE countries characterized by comparable historic and economic backgrounds now seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among CEE countries by taking into account indicators assigned to its seven pillars. The article’s thesis is that CEE countries represent social and economic heterogeneity as well as varied levels of sustainable development. Research methods included the application of the principal components analysis and the multivariate analysis. For a literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia, and the Czech Republic seem to exhibit the highest level of inclusive growth while Bulgaria and Romania represent the lowest level of indicators measured.

scholarly journals Inclusive Growth of the CEE Countries as a Determinant of Sustainable Development

2018 ◽  
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska
Keyword(s):  
Sustainable Development ◽  
Czech Republic ◽  
Transition Economies ◽  
Eastern European ◽  
Inclusive Growth ◽  
The Czech Republic ◽  
Economic Background ◽  
Components Analysis ◽  
Eastern European Countries ◽  
Different Levels

Referring to the concept of inclusive growth, the authors analyse the transition economies of the Central and Eastern European countries, which are the current EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia). That region was selected as the CEE countries characterized by comparable historic and economic background but now they seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among the CEE countries, taking into account indicators assigned to its seven pillars. The thesis is that the CEE countries represent socio and economic heterogeneity as well as different levels of sustainable development. The research methods involved the application of the principal components analysis and the multivariate analysis. For literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia and the Czech Republic seem to be the ones with the highest inclusive growth. On the other hand, Bulgaria and Romania represent the lowest level of inclusive growth indicators.

scholarly journals The Effect of Financial Leverage on Operating Performance: Evidence from the Czech Republic

2021 ◽  
Author(s):  
Zdeněk Toušek ◽  
Barbora Malinská ◽  
Martin Prokop ◽  
David Procházka
Keyword(s):  
Czech Republic ◽  
Operating Performance ◽  
Financial Leverage ◽  
The Czech Republic

scholarly journals In defense of shock therapy: Post-socialist transition of the Czech Republic

2012 ◽  
Vol 1 (2) ◽  
pp. 72-85 ◽  
Author(s):  
Scott Beaulier ◽  
Peter Boettke ◽  
Leonid Krasnozhon
Keyword(s):  
Political Economy ◽  
Czech Republic ◽  
Transition Economies ◽  
Social Performance ◽  
Shock Therapy ◽  
The Political ◽  
Market Reforms ◽  
The Czech Republic ◽  
Therapy Approach ◽  
Negative Effect

Popov (2007, 2000), Kolodko (2000), and Stiglitz (1999) argue that a shock therapy approach has a negative effect on post-socialist transition. Their benchmark for shock therapy, however, refers to the debate on the speed of market reforms. We propose that a more meaningful benchmark is the experience of the Czech Republic, Russia, and other transition economies which share similar approach to the market reforms, but have solved political economy problems of credibility and commitment differently. We compare the Czech Republic’s economic, political, and social performance to these benchmarks in all other post-socialist countries since they began their transitions. We find that the Czech transition is a consistent success because the Havel shock therapy has solved the political economy problems of reform’s credibility and state’s commitment to reform.

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