DECENTRALIZATION OF THE WATER INDUSTRY IN THE CONTEXT OF ECONOMIES IN TRANSITION (ON THE EXAMPLE OF THE CZECH REPUBLIC BETWEEN 1992-1998)

This research focuses on network industries, specifically on the water industry in the context of the Czech economy in transition between 1992-1998, the state of the water industry towards the end of the 1980s, key legislative changes between 1991-92 that touched upon key administrative questions, and the future ownership of the water network and water market. The Czech Republic chose a specific way to approach the transformation of the water industry by gratuitously transferring the ownership of the previously state-owned infrastructural properties to individual cities and municipalities. The next part outlines the effectiveness of such (de)regulation process based on development of key industry indicators. Very slow development of industry indicators and lack of state financial support for capital investment in water infrastructure led to the subsequent privatization of water companies, which can be considered as a completely rational outcome of unsustainable market developments.

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Models of restructuring banking systems in economies in transition

Privredna izgradnja ◽

10.2298/priz0203201o ◽

2002 ◽

Vol 45 (3-4) ◽

pp. 201-224 ◽

Cited By ~ 2

Author(s):

Sinisa Ostojic

Keyword(s):

Czech Republic ◽

Central Bank ◽

Commercial Banks ◽

Banking Sector ◽

Slovak Republic ◽

Foreign Banks ◽

The Czech Republic ◽

Chain Reactions ◽

Banking Systems ◽

Economies In Transition

In view of the still underdeveloped capital market in Central and Eastern Europe, modernizing enterprises particularly depends on a functioning banking sector. Due to the interdependence enterprises and banks the insolvency of individual enterprises set off chain reactions which resulted in the collapse of banks and shook the banking systems in some countries. Commercial banks were particularly susceptible to these developments since the ratio between their own fluids and enough experience in reorganizing enterprises nor business perspectives for the enterprises depending on them. In the past years the individual states have made different degrees of progress in reorganizing their commercial banks. Two policy patterns become manifest: Estonia very consistently closed insolvent banks and opened markets for foreign banks and newly developing private banks. Thus the Estonia state considerably reduced its own share in the banks. Latvia also tried to increase its banks orientation towards profitability by opening the market and reducing state shares. The other countries, by contrast, primarily improved capital endowment of the existing banks. Between 1992 and 1995 Polish, Hungarian and Slovene governments realized extensive recapitalisation. While Poland increased the registered capital of important commercial banks, the Slovene and the Hungarian governments also bought nonperforming loans from the banks for state bonds. Hungary then increased the registered capital of the big state-owned banks. In 1994. and 1995. respectively partial recapitalisation took place in Bulgaria and the Czech Republic. Neither Latvia nor Bulgaria nor Lithuania have until now succeeded in stabilizing their banking systems. In the Czech Republic which similar to Estonia opened the market, leading to the emergence of about 60 banks, the central bank has hitherto intervened in 12 banks facing liquidity problems or insolvency. In the Slovak Republic a far-reaching consolidation of banks is also still due. The governments in Bulgaria and Lithuania presently intend to increase the banks capital by state bonds, while the Latvian central bank refrained from direct intervention after the collapse of Banks Baltija and only intensified control of the banks activities.

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Efficiency and Scale Economies in Transition Economies : Evidence from Poland and the Czech Republic

Emerging Markets Finance and Trade ◽

10.1080/1540496x.2005.11052605 ◽

2005 ◽

Vol 41 (2) ◽

pp. 60-81 ◽

Cited By ~ 13

Author(s):

ADNAN KASMAN

Keyword(s):

Czech Republic ◽

Transition Economies ◽

Scale Economies ◽

The Czech Republic ◽

Economies In Transition

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Appendix 1. Case Study: Methanol Mass Poisoning Outbreak in the Czech Republic: Diagnosis, Treatment and Outcome

Chemical Health Threats - Issues in Toxicology ◽

10.1039/9781782623687-00263 ◽

2018 ◽

pp. 263-270

Author(s):

Sergej Zacharov ◽

Daniela Pelclova

Keyword(s):

Czech Republic ◽

The Czech Republic

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Social variation in size at birth and preterm delivery in the Czech Republic and Sweden, 1989-91

Paediatric and Perinatal Epidemiology ◽

10.1046/j.1365-3016.1998.00075.x ◽

1998 ◽

Vol 12 (1) ◽

pp. 7-24 ◽

Cited By ~ 1

Author(s):

Koupilova ◽

Vagero ◽

Leon ◽

Pikhart ◽

Prikazsky ◽

...

Keyword(s):

Czech Republic ◽

Preterm Delivery ◽

The Czech Republic ◽

Social Variation ◽

Size At Birth

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On Geropsychology in the Czech Republic

GeroPsych ◽

10.1024/1662-9647/a000066 ◽

2012 ◽

Vol 25 (3) ◽

pp. 161-166

Author(s):

Hana Stepankova ◽

Eva Jarolimova ◽

Eva Dragomirecka ◽

Irena Sobotkova ◽

Lenka Sulova ◽

...

Keyword(s):

Czech Republic ◽

Clinical Practice ◽

Old Age ◽

Cognitive Rehabilitation ◽

The Czech Republic ◽

Rehabilitation Research

This work provides an overview of psychology of aging and old age in the Czech Republic. Historical roots as well as recent activities are listed including clinical practice, cognitive rehabilitation, research, and the teaching of geropsychology.

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