ABSTRACT
This conclusion presents some closing thoughts on the concepts covered in the preceding chapters of this book. The book helps the reader gain an awareness of the challenges facing companies in the former Czechoslovakia through a variety of examples of enterprises undergoing change in an economic arena that appears to escape scientific definition. It analyses the period in question by cautious optimism combined with a rapid drop in production, a sharp increase in unemployment, and an unstable political situation. The book aims to give readers an understanding of the economic conditions of Central and Eastern Europe and explains several lessons about the former Czechoslovak economic reform. In the 1930s, Czechoslovakia was one of the fifteen most developed countries in the world. The book presents the various issues and difficulties in companies trying to make the transition from a command economy to a market economy.
