The article is concerned with analysis of independence of central banks of the EU Member States within the framework of the ESCB, as well as independence and responsibility of the ECB, and suggests an alternative institutional embodiment of its position, reflecting the specific framework of the...

With the accession of 10 new European Union member states in May 2004, much attention is being placed on the governance of European Community institutions. This article focuses specifically on discussions of European Central Bank (ECB) governance, particularly as regards the ECB?s amendment of...

Keynes foreword to the German edition of his General Theory is one of the causes of the association between his name and a total state. This paper looks into how justified the link between Keynes's theory and the Nazi German economic policy really is. The first part introduces Keynes's ideas on...

The Council of Economic Experts and its influence on the German economic policy are discussed in this paper. The first section concentrates on the institutional background and historical genesis of this body. Consequently, the importance of the Council in preventing a competitive and efficient...

The purpose of this paper is to analyse in depth the EU and international efforts in the field of increasing the ODA effectiveness with respect to the situation of poverty in the developing world, development assistance management, and the current initiatives on searching for potential solutions...

In this study, we deal with both the development co-operation among the Czech Republic and nineteen post-socialist Asian countries and sending of remittances as an alternative to development co-operation. The share of mentioned beneficiaries (developing countries) in the total Official...

V predkladanom článku autor sumarizuje problematiku efektivity rozvojovej pomoci a spolupráce na základe ponúkaného prehľadu empirickej literatúry zameranej na túto oblasť. Navzdory zdanlivo prevládajúcemu negatívnemu názoru na efektivitu využívania prostriedkov rozvojovej pomoci...

Přijetím přelomové kapitoly XVIII s názvem Rozvojová spolupráce Smlouvy o založení Evropské unie (dále EU) z Maastrichtu v roce 1992 byl v EU odstartován proces změn směřujících k efektivnější spolupráci EU s rozvojovými zeměmi. Cílem se stalo dosažení takové...

International monetary system made by agreement in Bretton – Woods, is widely known to be the system of fixed exchange rates with allowed +/- 1% band of oscillation. As such, it is viewed as the period of exchange rates stability. However, our analysis of Reinhart – Rogoff’s (2004)...

The paper deals with the monetary policy of the European Central Bank and its effects on economic development of the Czech economy and other new members of EU from the perspective of Post-Keynesian monetary economics. In the first part the basic principles of contemporary Post-Keynesian monetary...