Czech Reform and Economic Restructure
- 1 August 1994
- journal article
- Published by Emerald Publishing in European Business Review
- Vol. 94 (3) , 26-32
- https://doi.org/10.1108/09555349410055609
Abstract
Helped by somewhat limited inward investment from the West and a programme of wide‐scale privatization, reform in the Czech Republic appears to be proceeding relatively successfully. Emerging from the pressures of a long and complex history of political, geophysical and economic change and more recent Soviet domination, the Republic has given maximum priority to the speedy development of a free market economy. The subsequent drastic reduction of state intervention, however, is questionable and some argue that the pace of reform should be matched by an appropriate public sector infrastructure.Keywords
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