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EN
The aim of the paper is to indicate the factors which encourage foreign investors to invest and discourage them from investing in Central and Eastern European countries. The analysis included 8 countries: Czech Republic, Slovakia, Hungary, Poland, Lithuania, Latvia, Estonia and Slovenia - the countries which joined the EU on May 1, 2004 (the so called EU 8 countries ). The authoress analyses the factors of strategic importance for the inflow of direct foreign investment (DFI) to these countries. All Central and Eastern European countries aim to attract the most capital in the form of DFI. Despite their efforts, the inflow of DFI to specific countries varies. The question arises what possible reasons for this phenomenon are. The conducted analysis enables the authoress to claim that none of the countries in question has a considerable advantage over the others as regards their attractiveness for foreign investors. For each of these countries certain factors can be indicated which distinguish them in a positive way from the remaining ones.
EN
Poland has to conduct further reforms of the tax system, which shows a lot of imperfection and necessitates a preventing of the high budget deficit. It seems a proper solution to keep the current structure of the tax system and to focus on issues concerning detailed solutions within the specific taxes. A fiscal functions of taxes should be considered a significant priority. The economic success of the countries which introduced linear income taxes (Baltic countries and Russia) serves as an encouragement to copy the solutions adapted there. A lot of doubts, however, arise in connection with a too strong diversity of individuals' incomes, moving the burden of taxation on medium income groups and the rates of linear taxes. As a result, it seems difficult to decide whether the linear income tax on natural persons' incomes should be introduced in Poland. The consequences of a decision like this one are hard to predict.
EN
The period of 15 years which have passed since the banking reforms started in the Central Europe countries (Poland, Hungary, former Czechoslovakia) generates a question about the effects of the introduced changes. Have the goals been achieved? The aim of the paper is to answer the question whether the banking reforms in the Central Europe countries resulted in the introduction of effectively functioning banking systems in these countries the level of which could be compared to the level of banking in developed countries. The authoress analyses the determiners and statistical data concerning banking sectors of the described countries. The conducted analysis allows her to conclude that the Central Europe countries introduced significant changes in their banking sectors between 1990 and 2005 which should be assessed positively. It does not mean, however, that the period of reforms has been completed. The level of development of banking markets in the Central Europe countries is still inferior to that of the developed countries.
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