While the significance of tourism for the Czech Republic's economy is relatively high, it is far from being the dominant industry. Despite the recent substantial investments in this particular field of economic activity, the share of tourism in the gross value added has been steadily declining,...

The paper sums up various data from the Czech economy concerning the issue of the current so-called credit crisis, i.e. the situation when financial institutions are lending money to businesses only with a considerable amount of distrust and much more prudence than in the past. Based on specific...

The author analyses individual features of the current global economic development, coming up with a hypothesis that several independent factors, which would have occurred by themselves, too, combined at a given time and the concurrence thereof created a difficult and hardly predictable...