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22 Program on Central and Eastern Europe

The Past & Future of the Czecho-Slovak Economic Relations

1992 – Ales Capek


The arrangement of economic relations between the Czech and Slovak republics is one of the critical steps in Czechoslovak economic transformation. Due to the different historical records of the Czech and Slovak economies both of them are characterized by certain specific structural features. As a result, the impact of economic reform in Slovakia is much more painful compared with Czech lands. Economic separation, however, could even aggravate this problem, and so a more reasonable policy would be to maintain a common state.