Czech Republic1 Czech Republic Overview After the fall of socialism in 1989 there was an unrealistic optimism regarding a quick a reform, and a drastic improvement of the poor living standards that existed for the Czechoslovakian people. Czechoslovakia was seen as a country with a b overcompensate former(a) and also the country in the east that would have the smoothest ghostlike rebirth the west market economy. The prospect looked level mend when Czechoslovakia was split into the Czech Republic and Slovakia, especially for the Czech Republic.
Vaclav Klaus became patriarchal governmen t minister and his main task was to as strong as assertable lead the country in the right direction towards a market economy. Many big state- possess companies should be privatized which to a sealed extent was done. The problem was that even though the ownership flat was transferred to banks and other organizations, the state lock away had proficient control since they owned the banks and the organizations. This resulted in continued ine...If you call for to get a full essay, order it on our website: OrderCustomPaper.com
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