Basics of Economic Development Plan
Considering Czechoslovakia has a well-educated population and great wi-fi infrastructure, it has an opportunity to develop its knowledge-based service sector. With its well-educated population and various cultural exchanges with Western Europe, Czechoslovakia has a chance to develop its competence and activity in traditional knowledge-based fields such as financial and legal services. Also, Czechoslovakia's impressive wi-fi infrastructure will make it possible for the country to be a leader in high-tech services.
Consequences of Economic Development Plan
Switching to a more services-oriented, knowledge-based economy will increase economic prospects for the highly educated but may leave out people who have not received the advanced education required for their fields. For the less educated, the employment opportunities would be remain in heavy industrial manufacturing, which may diminish as Czechoslovakian manufacturing becomes less competitive. The Government should make efforts to ease this transition by retraining older or less-educated workers for knowledge-based work.
Conclusion
Through its economic transformation after the fall of...
International Business Czech Republic Economy This is a paper that examines the economy of the Czech Republic. There are five references used for this paper. The Czech Republic has recently restored democracy after being a communist country. It is important to look at how this democracy has affected the economy of the country. Restored Democracy The Velvet Revolution in 1989 and the "active encouragement of foreign investment by the iconic President Havel aided the relatively
This could have a negative impact on the ability of the new economy to survive. There are advantages and disadvantages to joining the EU, depending on how ready the country is to make the leap into a competitive market. Differences forced former Czechoslavakia to separate. Now, each of the fledgling republics must be evaluated on their own merits. The Velvet Revolution of 1989 destroyed the socialist republic. By the 1990s,
As disagreements in the party grew, the right-leaning members of the party split off to form the TOP '09 party, with a platform promoting fiscal restraint and regulatory loosening that would encourage free market growth and the prosperity of industry and private citizens (Gardner 2010). Next, the party had to make itself known to the public. Marketing by the TOP '09 party has shown some significant differences from the strategies
Investment in the "global economy" remains a domestic matter: The fact is, the total amount of the world's capital formation that is generated from foreign direct investment (FDI) has been less than 10% for the last three years for which data are available (2003-2005). In other words, more than 90% of the fixed investment around the world is still domestic. And though merger waves can push the ratio higher, it
Germany, Federal Republic of German Bundesrepublik Deutschland, is a major industrialized nation in central Europe (Germany pp). It is a federal union of sixteen states. Although Germany has a long, complex history and rich culture, it did not become a unified nation until 1871 (Germany pp). Before then, Germany was a confederacy,1815-1867, and, before 1806, it was a collection of separate and quite different principalities (Germany pp). The seventh largest country
Staffing Approaches ABC Company My first strategy will endeavor to address the mean income of the country concerning marketing front load washers and dryers. To penetrate the market, I believe price reduction should ensure inevitably to capture a wider customer base. The gas-powered dryers are the main target for ABC in venturing into the Czech Republic. Currently, front load washers and dryers retail at about $2,000, depending on the manufacturer. The
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now