Czechoslovakia: Strategies for Systemic Chance

  • Karel Kouba
Part of the East-West European Economic Interaction book series (EEIIWP)


In Czechoslovakia the events of November 1989 opened the path to democratic changes in the social order and to the transition to a market economy. That means that Czechoslovakia is following Poland and Hungary. So far no East European country has made a successful transition from a centrally planned to a market economy. Unsolved problems dominate.


Monetary Policy Market Economy Foreign Trade Realistic Exchange Rate Foreign Capital 
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  1. 2).
    See Corbo, V., Goldstein, M., Khan, M. (eds.), Growth-Oriented Adjustment Programme IMF, The World Bank, 1987.Google Scholar

Copyright information

© Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) / The Vienna Institute for Comparative Economic Studies 1992

Authors and Affiliations

  • Karel Kouba
    • 1
    • 2
  1. 1.Charles UniversityPragueCzech Republic
  2. 2.Institute for ForecastingCzechoslovak Academy of SciencesPragueCzech Republic

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