HawkeyCzech - Adam Hawkey Czechoslovakia could be seen as...

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Adam Hawkey Czechoslovakia could be seen as somewhat of a success in the transition process when compared to other transition economies. With that said, by no means was the transition easy for a country that has had merely 23 years of capitalism in its lengthy history. The main reason for the transition ease was the implementation of shock therapy. The newly formed Government simply revoked price controls, state ownership, central planning, and over employment. In doing so they opened the market to free will. The People The people of the Czechoslovakia region are mostly of two cultures; the Czechs, and the Slovaks. The Czechs are mostly located in the west two thirds of the country and the Slovaks are mostly in the eastern one third. The Slovaks are the minority, making up only 32% of the population while the Czechs make up nearly 63%. These two groups of people also have their own distinct languages, appropriately named The Czech and the Slovak. Source: History of Slovakia Pre Transition History The lands and people of Czechoslovakia have long been ruled by foreigners. For much of the lands history, Hungarians and Austrians have ruled. There rule lasted from the 11 th century until the early 20 th century. In 1918(upon the conclusion of WWI) the Czech people formed their own Government. This Government instituted a capitalist economy. This economy was short lived. In 1938 the Nazi Germans invaded Czechoslovakia and instigated a totalitarian Government. With the close of WWII, the proverbial ownership of Czechoslovakia was retained by the U.S.S.R. Czechoslovakia
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was basically a bloc country to the Soviet Union until 1968. In 1968, the Communist Workers Party of Czechoslovakia took control and remained in control until the velvet revolution on November 17 th 1989. Source: www.historychannel.com Velvet Revolution The downfall of Communism in Czechoslovakia was the repression of student activists followed by the mass protests at the factories. The protests led to discussions between the demonstrators and Government officials. The outcome of the discussions resulted in formation of coalition governments. The Czech sector would have drastic change with a new structure of politics and economics, while the Slovak sector attracted fleeing communists from the Czech sector, which caused a slower transition. Vaclav Havel led the democratic political movement and was named the president of Czechoslovakia in December of 1989. A civic forum and constitution soon followed. Czechoslovakia later split into two separate countries on January 1 st 1993. The two countries are The Czech Republic and The Slovak Republic. I will begin to refer to these to separate countries after shock therapy was introduced. Source: www.historychannel.com Political Transition The political transition was led by the Civic Forum. The Civic Forum consisted of revolutionaries such as Havel, and represented a platform that initially was mixed socialism. The communists have all but left the capital (Prague) however the Civic Forum instituted similar policies of communism in order to gradually move to a capitalist
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system. After just over a year of experimenting with the gradual policy, the Forum
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HawkeyCzech - Adam Hawkey Czechoslovakia could be seen as...

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