Fiscal Policy in the Czech Republic under Transition

Abstract

The paper provides an analyses of the economic changes which occurred in the Czech Republic under transition. After providing an economic history of the transition period, the paper describes first the developments in the public finance sector (e.g.: public budget operations developments, public debt) and then moves to the structural, institutional and systemic changes (e.g.: privatization process, transformation of the banking system).Czech Republic, Economic Transition, Privatization, Banking System, Macroeconomic Developments