The Macroeconomic Situation in the Czech Republic

@inproceedings{ujan1998TheMS,
  title={The Macroeconomic Situation in the Czech Republic},
  author={Ivan {\vS}ujan and Milota {\vS}ujanov{\'a}},
  year={1998}
}
  • Ivan Šujan, Milota Šujanová
  • Published 1998
The paper analyses of some important features of the past and present macroeconomic situations in the Czech Republic. Between 1948 and 1989 the former Czechoslovakia lost its pre-war position among the advanced industrialized countries. The radical economic reform (prepared in 1990 and initiated on January 1, 1991) was successful from the point of view of macroeconomic stability (relatively low inflation, a stable exchange rate, a current account surplus and a nearly balanced state budget… CONTINUE READING
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