Deliberations on economic transformation

Čestmír Kožušník

Prague Economic Papers, 1996, vol. 1996, issue 4

Abstract: Almost seven years have passed since the Velvet Revolution . In principle, the systemic transformation of the economic system has been carried out and GDP, following a four-year fall, is again growing. Thus, after this time lag, the time has come to think over the evolution of the transformation process and related issues. It is also useful to evaluate both the results achieved and the problems faced which, as a heritage of the communist past or a result of economic transformation, are waiting for solution. Of course, this topic is rather extensive. The present analysis is confined to some macroeconomic aspects and problems of the past and future development.

Date: 1996
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DOI: 10.18267/j.pep.113

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