The breakdown of the planned economy in the Czech Republic induced many changes for the Czech sugar industry. Successful restructuring should foster competitiveness of sugar production and processing. Another target of the sugar sector is its preparation for EU-accession by adjusting to EU market regulations. Consequently, the liberal sugar market policy which was introduced shortly after 1989 was transferred into a system with price and quantity control. Today, this policy differs only in degree from EU market policy. The processes of privatisation, restructuring and modernisation have been conducted successfully in the nineties. International investors made significant contributions, especially by investing in sugar processing. Despite of a favourable development of the sugar industry competitiveness on the world market couldnÂ't be achieved, yet. Thus, the existence of the sugar industry in Czech, like in all EU countries as well, will depend on the prolongation of protective measures in market regulations for sugar.
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Publisher Info
Paper provided by Institute of Agricultural Development in Central and Eastern Europe (IAMO) in its series IAMO Discussion Papers with number
14915.
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