New members of the EU will not form an optimum currency area with the present eurozone member states. The article discusses some costs and benefits of an early EMU entry for the Czech Republic (and other Central-European economies). The authors concentrate on the consequences of loss of...

This article explores development of the industrial structure of the Czech economy in the last ten years from the point of view of the gross value added and employment. It goes from the macroeconomic view at the level of the basic sectors to more detailed view focused on the individual branches....

This paper deals with the recent empirical phenomenon of intraindustry trade, i.e. trade in similar goods between similar countries. It treats this phenomenon from the point of view of the theory of structure of production, highlighting the importance of sequential nature of production and...

The aim of this paper is to analyze and systematic theoretical findings which are based on Porter´s Generic Chain of Values in regards to the area of supporting activities. Supporting activities were long time at the margin of interest, both social and economic. Today, they represent important...

The aim of this article is to inform about the application of modern approaches into management, mainly management of change. Modern approaches involve the application of some ideas of system theory, some ideas of biology, cybernetics and entropy.