KNAACK, R. - In: Review of Business and Economics XLVI (2001) 1, pp. 81-108
For a long time the Czech Republic was seen as an exainple of a successful transition process. This success was … explained by the strict adherence of the Czech goverment to the policy prescriptions of the IMF and World Bank. This rosy … picture changed during the second half of the nineties. The economic problenis culminated in a financial crisis in June 1997 …