Producing and revealing inflation forecasts is believed to be the best way of implementing a forward-looking monetary policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency in shaping consumers' inflation expectations. The...

The goal of this paper is to analyse the economic development of Poland using the concept of macroeconomic policy regimes (MPRs). Six elements of a MPR will be identified: foreign economic policy, industrial policy, the financial system, wage policy, monetary policy and fiscal policy. Examining...

The European Union has recently implemented one of the biggest reform packages in its history. Developed solutions are designed to (1) strengthen EU's resilience to shocks and (2) improve its shock absorption capabilities. It seems that so far stress was mainly placed on the first objective....

Renewable energy will play a key role in the transition towards a competitive, secure and sustainable energy system. In 2014 the Commission proposed an objective to increase the share of renewable energy to at least 27% of the EU's energy consumption by 2030. The European Council endorsed this...

In the year 2015 the European Union has reached the halfway of implementation of Europe 2020 strategy, which is aimed at forming the conditions for sustainable and inclusive economy delivering high levels of employment, productivity and social cohesion. In this context the aim of the paper is to...

In the year 2015 the European Union reaches the five year period of Europe 2020 strategy implementation. Thus, the aim of the research is to group the European countries based on the level of fulfillment aims of the strategy with the application of natural breaks method. Special consideration...

The paper deals with the topic of direct and indirect support for research and development and its use in small and medium-sized enterprises operating in the electronic industry. The Czech Republic is the geographic segment to be explored. A chapter on theoretical issues is followed by a...

The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from other European countries and the US. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy,...

The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from Anglo-Saxon countries. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy, especially fiscal...

The aim of this article is to present Single Supervisory Mechanism in the context of challenges in the post-crisis economy. One analyzed the topic from the perspective of non-euro area EU member state. The article consists of three main parts. Firstly, the short literature review related to...