Acta Oeconomica Pragensia, 2012 (vol. 20), issue 3

Feminist Economics

Pavel Sirůček

Acta Oeconomica Pragensia 2012, 20(3):3-18 | DOI: 10.18267/j.aop.366  

The paper presents modern and postmodern critical feminist economics. It maps routes, selected approaches, topics and difficult issues of this heterogeneous type of socioeconomic thinking. It also concerns feminist critics of global capitalism, ecological feminism and the male deformations of the economic science.

Horn of Africa Countries and the Malnutrition Problem

Zbyněk Kuna

Acta Oeconomica Pragensia 2012, 20(3):19-35 | DOI: 10.18267/j.aop.367  

The author thinks about the economies and the food problem of the Horn of Africa countries. The drought and famine conditions in the Horn of Africa, coupled with the conflict in Somalia, have affected over 12 million people. There is a very low nutrition level in the long term in all the countries (Djibouti, Ethiopia, Eritrea, and Somalia). A high level of basic demographic indicators and an unfinished demographic transition will mean a further significant population increase. The countries have different backgrounds for future economic development. Ethiopia is the region's strongest country economically with a presumption of gradual increase in its...

Is China Catching Up? Technological Sophistication of Chinese Exports to European Union

Jana Vlčková

Acta Oeconomica Pragensia 2012, 20(3):36-54 | DOI: 10.18267/j.aop.368  

Increases in the technological sophistication of some emerging economies, linked, in part, to shifts in the distribution of innovation activities from developed to emerging economies has attracted a lot of attention. Whether emerging economies will catch up with developed regions in terms of innovation and technology remains an open question. Various methods can be used to measure the technological capacity of an economy, though most suffer from a number of significant problems. In this paper, I present a relatively new measure of a country's technological sophistication based upon the goods that it exports. The empirical analysis focuses on exports...

Potential Impacts of the New Banking Regulation on the Banking Sector in the Czech Republic. Current Questions

Zdeněk Pavlík

Acta Oeconomica Pragensia 2012, 20(3):55-72 | DOI: 10.18267/j.aop.369  

This paper focuses on the current issues of the new banking regulation and its expected impact on the banking sector in the Czech Republic. Its aim is to provide current information on the basic regulatory proposals issued under Basel III and their potential impact on the functioning of the banking sector in the CR and then on real economic development in the Czech Republic. The paper will analyze the basic characteristics of the banking sector in the CR and the current situation with regard to the stability of the European banking sector, which are relevant for setting regulatory measures. Finally, the paper will examine the potential effects of the...

Czech Infinitive Phrases and their German Equivalents

Věra Höppnerová

Acta Oeconomica Pragensia 2012, 20(3):73-75 | DOI: 10.18267/j.aop.370  

Czech infinitive phrases, usually introduced by interrogatives, are equivalent to interrogative clauses. In economy-oriented press, they appear mostly in headlines. In German, they correspond to direct or indirect clauses including modal verbs, infinitive phrases with "zu", passive verbs, or the indefinite subject "man".

A Comparison of Classical and Bayesian Probability and Statitics (3)

Petr Hebák

Acta Oeconomica Pragensia 2012, 20(3):76-88 | DOI: 10.18267/j.aop.371  

Statistics has been developing for almost 250 years - since the publication of an essay which included one theorem called Bayes' after the author. This whole period (since 1763 to this day) has been accompanied by a duel between the supporters of a subjective concept of probability and those who refuse everything but a purely objective concept of probability as well as statistics. While the 18th and 19th centuries accepted the importance of the subjective (let us say Bayesian) way of thinking for the development of probability and statistics without a problem, in the 20th century the classic (frequentist) way took over and has been dominant in teaching...