ABSTRACT

Czechoslovakia, along with Poland, was one of the countries that consistently administered IMF shock therapy to its economy. The Czech government pursued the same path for agriculture as did other countries that came under socialist rule. The law of May 1990 on agricultural cooperatives returned rights over property used by cooperatives back to farmers and other citizens, who were also allowed to leave the cooperatives with their share of land. The Czech government’s agricultural policy was tied to an extensive program of economic reform. Czech agriculture contributes about 10 percent of the county’s total export volume. In addition to supplying the domestic market with affordable goods, a strategic goal of the Czech Republic is to increase traditional exports with protective measures imposed on imports. Czech forests are highly diversified. In addition to forests along the Dyje, Vltava and the Elbe, the Czech Republic has numerous mountains spruce forests and dwarf pine growth.