ZMĚNY V SOUSTAVĚ PENĚŽNICTVÍ V KONTEXTU ŠIKOVY EKONOMICKÉ REFORMY V ČESKOSLOVENSKU VE DRUHÉ POLOVINĚ 60. LET

• Authors: Chalupecký Petr , Zdenka Johnson , Klára Fabianková

Title variants

EN

Banking system changes in the context of Šik’s economic reform in Czechoslovakia in the second half of the 1960s

• Languages of publication: CS

Abstracts

EN

Although banking was not initially considered as essential, the planned implementation of selected elements of market economy and rehabilitation of money functions forced founding of an appropriate institutional environment. Besides the role of money and banks in socialist economy, the paper analyses the proposed modifications in the banking system and management of foreign currencies. During reorganization of the State Bank of Czechoslovakia the concept of separate emission and commercial banking was promoted. Changes in constitutional arrangements were to be initially reflected in the organization of monetary policy. After August 1968 reform proposals were gradually left. Finally, de facto no major changes were made. Despite this, changes in the banking sector endured to a certain extent, and they became a basis for attempts at activation of money in the following twenty years.

Keywords

EN

CZECHOSLOVAKIA; ECONOMIC REFORM; PLANNED ECONOMY; BANKING; BANK OF CZECHOSLOVAKIA; ŠIK OTA

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2011
• Volume: 59
• Issue: 7
• Pages: 719 – 736

Contributors

author

Chalupecký Petr

• Vysoká škola ekonomická v Praze, Národohospodářská fakulta, Katedra hospodářských dějin, nám. Winstona Churchilla 4, 130 00 Praha 3, Czech Republic

author

Zdenka Johnson

author

Klára Fabianková