The Position of the Czechoslovak Economy in the Global Economy in the Years 1945 - 1989

DOI

10.2991/gecss-14.2014.30How to use a DOI?

Keywords

Czechoslovakia, global economy, structure of foreign trade, economic level

Abstract

This article focuses on the situation of the economy of Czechoslovakia in the global economy from the period after World War II up to 1989. Economic development in this period was significantly influenced by the political events that took place in Czechoslovakia in 1948, when it became part of the Eastern Bloc and a system of central planning was introduced into the economy. Despite the many problems that a centrally planned economy creates such as the considerable degree of closure of the economy to foreign competition, the lack of selected goods on the market, the persistence of an inadequate market structure, Czechoslovakia in the late 1980s ranked among the 30 most developed economies in the world and the most developed in the Eastern Bloc.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Marian Lebiedzik
PY  - 2014/01
DA  - 2014/01
TI  - The Position of the Czechoslovak Economy in the Global Economy in the Years 1945 - 1989
BT  - Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science
PB  - Atlantis Press
SP  - 119
EP  - 121
SN  - 1951-6851
UR  - https://doi.org/10.2991/gecss-14.2014.30
DO  - 10.2991/gecss-14.2014.30
ID  - Lebiedzik2014/01
ER  -