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Textbook Site for:
Principles of Macroeconomics, Third Edition
John B. Taylor, Stanford University
Internet Exercises
Chapter 19: Emerging Market Economies


Privatization in the Czech Republic

Questions:

Read the document entitled: "Why Privatization Went Right in the Czech Republic."
  1. Did the Czech Republic opt for "shock therapy" or "gradualism?"
  2. Was this approach successful? Explain.
  3. How extensive has the privatization effort been?
  4. How was privatization conducted?


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