Politická ekonomie, 2003 (vol. 51), issue 2

Konvergence inflací zemí Cefta a Evropské unie - odhad panelovou metodou

Inflation convergence: Cefta and European union - panel method estimation

Zdeněk Dvorný

Politická ekonomie 2003, 51(2) | DOI: 10.18267/j.polek.400

The study is an empirical investigation of inflation convergence between CEFTA and EU countries. The question of both groups convergence as well as convergence of each individual countries within those groups is particularly discussed in the paper. Detailed analysis was carried out by use of panel estimation in the individual and in the time setup. The study reveals an unambiguous convergence of all CEFTA inflations towards the EU levels between 1993 and 2000.

Historie časopisu Politická ekonomie - část II: 1958-1962

History of the Politická ekonomie journal - period II: 1958 - 1962

Jiří Řezník

Politická ekonomie 2003, 51(2):147-172 | DOI: 10.18267/j.polek.397  

Executive Board intends to commemorate the fiftieth anniversary of the foundation of a Czech professional economic journal by publishing in Volume 2003 articles that will deal with the history, development, peripeteias, twists and turns of Politická ekonomie. Issue No. 2 will be focused on the period 1958 - 1962.

Struktura a výkonnost technologicky náročného obchodu kandidátských zemí

Structure and performance of technology intensive trade

Anna Kadeřábková

Politická ekonomie 2003, 51(2):173-195 | DOI: 10.18267/j.polek.398  

Trade performance of EU-candidate countries in 1996 - 2000 is assessed in terms of specialization deepening and widening. The process of technology catching-up is analyzed from quantitative and qualitative aspects. The former stresses the tendency towards increasing geography and product concentration, which brings higher sensitivity to industry specific external demand shocks, the latter points to the limited skills and technology intensities within the segments of international production value chains located in the EU-candidate countries. The remarkable technology catch-up visible in trade statistics therefore mostly relies on external sources of...

Tendence ekonomického vývoje v Evropské unii

Economic development in European union: main tendencies

Slavoj Czesaný, Jana Fajtová

Politická ekonomie 2003, 51(2):197-211 | DOI: 10.18267/j.polek.399  

World economy slowed down more than 2 %, which was the main feature of its development in 2001. There were more factors behind this economic slowdown, primarily the faltering upswing of the world crude oil price, problems of the technological sector, and September 11 events in the USA. Recession forces hit world trade and investment activities in particular. Main sources of economic growth were thus significantly weakened in consequence. The growth rate of GDP in the EU slowed down from 3.3 % in 2000 to 1.6 % in 2001. A larger fall of the economy was prevented by only a slight deceleration of the growth of household consumption from 2.7 % in 2000 to...

Přínosy a náklady členství České republiky v Evropské unii

Benefits and costs of the Czech republic membership in the European union

Petr Chvojka

Politická ekonomie 2003, 51(2):221-235 | DOI: 10.18267/j.polek.401  

The aim of the article is a systemic summarization of processes, ways and main determinants influencing the relation between costs and benefits connected with the CR accession to the European Union. Author attempts to find out and to classify moments on macroeconomic both microeconomic level which are relevant for maximization of the realized economic effect. New conditions of the EU single market and importance of quick adaptation of enterprises' activities to them are being discussed.

Articles

Kultivace institucionálního rámce jako základní přínos vstupu České republiky do Evropské unie

Cultivation of an institutional framework as a fundamental benefit of integration of the Czech republic into European union

Eva Klvačová

Politická ekonomie 2003, 51(2):236-253 | DOI: 10.18267/j.polek.402  

Since the start of economic transformation, the Czech Republic has been viewed as the country enjoying the best starting position and the best results as regards its economic level and its macroeconomic stabilization, but also as a country where the institutional framework is less adapted to supplying the needs of a market economy than Hungarian or Polish institutional framework. The fact that prior to accession the Czech Republic will have to implement Community directives and other relevant Community acts in its national legislation and that on accession it will be subject not only to Community primary law, but also to secondary legislation (e.g....

Ekonomické názory v humanistickém díle Jana Amose Komenského

Economic opinions in the humanistic work of Johan Amos Comenius

Ilona Bažantová

Politická ekonomie 2003, 51(2):254-261 | DOI: 10.18267/j.polek.403  

Economic opinions of Johan Amos Comenius (1592 - 1670) were not completely described yet, although they can be found in several writings. Comenius differentiated from Medieval thoughts by his opinions in respect of an enterprise, a position of laws and an activity of sovereign, by refusing monopolies, emphasising the importance of level of education for the development and wealth-being of the nation, and by describing positive aspects of intellectual work. His opinions are often similar to mercantilistic point of view.

Consultations

Alternativní postkeynesovské modely determinace peněžní zásoby

Alternative post-keynesian models of money supply determination

Aleš Krejdl

Politická ekonomie 2003, 51(2):263-285 | DOI: 10.18267/j.polek.404  

This article presents three competing models of money supply determination as derived in Palley (1996). Two of the models can be considered post-keynesian in nature and identified with accommodationist and structuralist approach to money endogeneity. Post-keynesian models are contrasted with orthodox money multiplier model. Presentation of the models enables not only to derive hypothesis for empirical testing but also to compare the two post-keynesian models. The accommodationist and structuralist models are not viewed as mutually inconsistent but rather as complements. Scope for potential synthesis and future research is indicated.