Politická ekonomie, 2006 (vol. 54), issue 4
Velká transformace střední a východní Evropy: úspěch a zklamání
The great transformation of central and eastern Europe: success and disappointment
János Kornai
Politická ekonomie 2006, 54(4):435-466 | DOI: 10.18267/j.polek.568 
The study examines the changes of the Central Eastern European region first in the context of world history. It confirms by comparative historical analyses that the transformation was indeed unique. This has been the only total transformation that took place peacefully, without violence, and at the same time astonishingly fast, in the main direction of the economic and the political changes of Western civilization. From that perspective it is an exceptional success story. However, from the perspective of everyday life, the result is different. Deep economic troubles are experienced by a considerable portion of the population. The perception of losses...
Rozdělení, privatizace podniků a jejich výkonnost
Breakups, privatization and firms" performance
Jan Hanousek, Evžen Kočenda, Jan Švejnar
Politická ekonomie 2006, 54(4):467-489 | DOI: 10.18267/j.polek.569
This paper uses new firm-level data to examine the effects of breakups of the Czech firms and their subsequent privatization on corporate performance. Unlike the existing literature, which analyzes breakups almost exclusively in advanced economies, we control for accompanying ownership changes and the fact that spinoffs and ownership are endogenous variables. We find that breakups increase the firm's profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership structure - sometime improving performance and sometime bringing about decline. The effects of privatization are hence less clear-cut...
Hlavní ekonomické důsledky pořádání letních olympijských her v Praze v roce 2016
Prague summer olympic games 2016: economic impact study
Štepán Jurajda, Lubomír Lízal, Daniel Münich, Petr Zemčík
Politická ekonomie 2006, 54(4):490-507 | DOI: 10.18267/j.polek.570
We evaluate the economic impact of Summer Olympic Games (SOG) potentially organized by the City of Prague in 2016. We focus on the so called Modified Northern Variant of the Games proposed by the PriceWaterhouseCoopers-Czech Republic. The first step in our analysis is quantification of a primary impact of the Games, which includes investments in infrastructure, expenditures of the SOG Organizing Committee, tourist expenditures and exports. The primary impact induces an increase in overall sales in the Czech economy, which is analyzed using input-output tables. Our respective estimates are 27.54 billion CZK for the primary impact and 55.44 billion CZK...
Ropa a jej postavenie v globalizácii svetového hospodárstva
Oil and its position in the process of globalization of the world economy
Peter Baláž, Andrej Londarev
Politická ekonomie 2006, 54(4):508-528 | DOI: 10.18267/j.polek.571
This study is devoted to analysis of different aspects of world oil market development and its role in further growth of individual national economies, especially in connection with the ever intensifying globalization process. The study shows individual aspects and parts of the oil market, be it production and consumption of crude oil, its territorial dislocation, including EU, and also an analysis of the impact that has the development of oil consumption on economical results of individual national economies. In the first place it analyses the connections with the growth of competition ability of companies. Further research is devoted to the establishment...
Současná situace na ropném trhu
Contemporary situation on the oil market
Martina Vašendová, Libor Žídek
Politická ekonomie 2006, 54(4):529-541 | DOI: 10.18267/j.polek.572
The paper deals with questions connected with the present situation on the world oil market. First, we shortly focus on the context and the historical development of the prices of oil and the reactions of the market subjects. We discuss general factors on the oil market. And then we apply these factors to the current situation on the market. We try to find the main contemporary causes of the growth of the oil prices. We come to the conclusion that the main causes are connected with the growing demand on the market in contrary to (for example) the shocks in the 1970s that were caused by limited supply. Consequently, we concentrate on the impacts of...
Význam základní klasifikace ukazatelů pro korektní interpretaci vzájemných odlišností jejich hodnot
Importance of the basic classification of indicators for the correct interpretation of the mutual differences between their values
Lubomír Cyhelský, Vladimíra Valentová
Politická ekonomie 2006, 54(4):542-548 | DOI: 10.18267/j.polek.573
This paper focuses on the identification of the main criterion for the classification of basic indicators and their corresponding scales (nominal, ordinal, interval and ratio). The criterion is the number of meaningful categories of the formulation or measurement of all mutual differences of all potential values of the indicator. The paper insists on the necessity of distinguishing at least four types of the given indicator. The classification (and differences) of the indicators is included in the enclosed table. The purpose of the table is to: give information about the data arranged in an ordering scheme; further evaluate whether their differences...