Cultivation of an institutional framework as a fundamental benefit of integration of the Czech republic into European union
Since the start of economic transformation, the Czech Republic has been viewed as the country enjoying the best starting position and the best results as regards its economic level and its macroeconomic stabilization, but also as a country where the institutional framework is less adapted to supplying the needs of a market economy than Hungarian or Polish institutional framework. The fact that prior to accession the Czech Republic will have to implement Community directives and other relevant Community acts in its national legislation and that on accession it will be subject not only to Community primary law, but also to secondary legislation (e.g. especially regulations), is of fundamental benefit, even though it cannot be quantified.
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Volume (Year): 2003 (2003)
Issue (Month): 2 ()
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