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The Czech Republic is going to face ageing of its population. It will affect the economy in many ways. The pension system is one of them. This paper provides a view on possibilities how to insure long-term stability of the pension system in the Czech Republic using a mix of pay-as-you-go and...
Persistent link: https://www.econbiz.de/10005036605
Our paper focuses on the analysis of supply and demand shocks and on the estimation of expected costs of introducing Euro currency into Czech Republic (CR). The analysis is based on the theory of optimal currency areas by Mundell (1961, 1973) and uses a macroeconomic approach formalized by...
Persistent link: https://www.econbiz.de/10009147149
This paper deals with the situation on the Czech labour market in the period 1990-2006. It shows the status and development of the supply and demand sides of this market. Great attention is paid to the long-term trends in employment, self-employment, unemployment, and long-term unemployment. The...
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The current record wave of immigration is a problem and does not conform to the interests of most people in Europe …. Immigration is ineffective as a global development policy. The article argues in favor of an immigration that is balanced and that … and businesses that like cheap labor. First section of the article perceives immigration in the context of the public …
Persistent link: https://www.econbiz.de/10008754970