Economic Transformation in Democratic Czechoslovakia (1990–1992)

The article deals with the problem of the implementation of economic reforms in the Czech and Slovak Federal Republic, which took place in the aftermath of the Velvet Revolution, from 1990 to 1992. The author examines the positive and negative effects of economic transformation in the Czech Republic...

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Main Author: V. Baka
Format: Article
Language:English
Published: Igor Sikorsky Kyiv Polytechnic Institute 2016-07-01
Series:Storìnki Istorìï
Subjects:
Online Access:http://history-pages.kpi.ua/wp-content/uploads/2016/07/42_15_Baka.pdf
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author V. Baka
author_facet V. Baka
author_sort V. Baka
collection DOAJ
description The article deals with the problem of the implementation of economic reforms in the Czech and Slovak Federal Republic, which took place in the aftermath of the Velvet Revolution, from 1990 to 1992. The author examines the positive and negative effects of economic transformation in the Czech Republic and the Slovak Republic. Particular attention is paid to influence of siting of the defense industry in the growth of unemployment in Slovakia. The article also touches upon the issue of privatization process, defined its main elements and stages. It is spoken in detail about illegal machinations, which are primarily engaged in by privatization investment funds. According to the article, Czechoslovakian politicians and economists agreed on a scenario of rapid market reforms, and Czech part of the federation was been better prepare for this step. Much attention is given to the problem of restitution of property that was nationalized in the period of communism. The researcher concludes that the economic transformation have contributed to the collapse of the federal state of Czechs and Slovaks.
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spelling doaj.art-2f3589cc3adf40e089f96cd1c2da82f82022-12-21T22:24:13ZengIgor Sikorsky Kyiv Polytechnic InstituteStorìnki Istorìï2307-52442016-07-0142157165Economic Transformation in Democratic Czechoslovakia (1990–1992)V. Baka 0Kyiv National Taras Shevchenko UniversityThe article deals with the problem of the implementation of economic reforms in the Czech and Slovak Federal Republic, which took place in the aftermath of the Velvet Revolution, from 1990 to 1992. The author examines the positive and negative effects of economic transformation in the Czech Republic and the Slovak Republic. Particular attention is paid to influence of siting of the defense industry in the growth of unemployment in Slovakia. The article also touches upon the issue of privatization process, defined its main elements and stages. It is spoken in detail about illegal machinations, which are primarily engaged in by privatization investment funds. According to the article, Czechoslovakian politicians and economists agreed on a scenario of rapid market reforms, and Czech part of the federation was been better prepare for this step. Much attention is given to the problem of restitution of property that was nationalized in the period of communism. The researcher concludes that the economic transformation have contributed to the collapse of the federal state of Czechs and Slovaks.http://history-pages.kpi.ua/wp-content/uploads/2016/07/42_15_Baka.pdfeconomic reformCzechoslovakiaČSFRprivatizationrestitutionpost-socialist transformation
spellingShingle V. Baka
Economic Transformation in Democratic Czechoslovakia (1990–1992)
Storìnki Istorìï
economic reform
Czechoslovakia
ČSFR
privatization
restitution
post-socialist transformation
title Economic Transformation in Democratic Czechoslovakia (1990–1992)
title_full Economic Transformation in Democratic Czechoslovakia (1990–1992)
title_fullStr Economic Transformation in Democratic Czechoslovakia (1990–1992)
title_full_unstemmed Economic Transformation in Democratic Czechoslovakia (1990–1992)
title_short Economic Transformation in Democratic Czechoslovakia (1990–1992)
title_sort economic transformation in democratic czechoslovakia 1990 1992
topic economic reform
Czechoslovakia
ČSFR
privatization
restitution
post-socialist transformation
url http://history-pages.kpi.ua/wp-content/uploads/2016/07/42_15_Baka.pdf
work_keys_str_mv AT vbaka economictransformationindemocraticczechoslovakia19901992