Stabilization and Structural Reform In the Czech and Slovak Federal Republic: First Stage

By Bijan B. Aghevli, Eduardo Borensztein & Tessa Van der Willigen

Stabilization and Structural Reform In the Czech and Slovak Federal Republic: First Stage - Bijan B. Aghevli, Eduardo Borensztein & Tessa Van der Willigen
  • Release Date: 1992-03-15
  • Genre: Business & Personal Finance

Description

On January 1, 1991, the Czech and Slovak Federal Republic launched a comprehensive reform program designed to establish a market economy. This paper charts the progress of the reform program in the context of Czechoslovakia's prewar history as a major industrial power, its subsequent slow economic decline under Communism, and its recent integration into the world economy following the collapse of the Council for Mutual Economic Assistance.