The Czech Economic Transition

29 Pages Posted: 20 Oct 2003

See all articles by Frank Barry

Frank Barry

Trinity College (Dublin) - School of Business Studies

John Bradley

Economic & Social Research Institute (ESRI)

Michal Kejak

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute)

David Vavra

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute)

Abstract

The processes that will drive the next stage of the Czech transition are likely to be similar to those promoting real convergence in the countries of the EU periphery. We draw on previous modeling research on these latter economies to construct and calibrate a small macrosectoral model of the Czech Republic. Model simulations explore some key policy issues facing CEE-country decision-makers: labour market reforms, disinflation and industrial development. Our analysis suggests that much can be learned from the experience of countries like Ireland and Portugal which have converged substantially towards EU average living standards.

Suggested Citation

Barry, Frank and Bradley, John and Kejak, Michal and Vavra, David, The Czech Economic Transition. Available at SSRN: https://ssrn.com/abstract=452775

Frank Barry (Contact Author)

Trinity College (Dublin) - School of Business Studies ( email )

AAP College Green
Dublin 2
Ireland
353-1-896-2311 (Phone)

John Bradley

Economic & Social Research Institute (ESRI) ( email )

Dublin 4
Ireland

Michal Kejak

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) ( email )

Politickych veznu 7
Prague 1, 111 21
Czech Republic

HOME PAGE: http://www.cerge-ei.cz

David Vavra

Charles University in Prague - CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) ( email )

Politickych veznu 7
Prague 1, 111 21
Czech Republic
+420/2/2400-5111 (Phone)
+420/2/2422-7143 (Fax)

HOME PAGE: http://www.cerge-ei.cz

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