VSTE

ISSN (online): 1339-8245

Open access

Volume 4, Issue 2December 2018Pages 4–13

Rozsypal´s reform as an attempt at economic change in Czechoslovakia

Abstract

152 words · 1 min read

The economic crisis culminated in 1953 when the regime was established. Personnel changes or partial changes to the plans could not save the permanently sick state economy. Healing was possible through radical reforms. The first economic reform came to Kurt Rozsypal. Although it did not mean questioning the dire economy in Czechoslovakia, it was an intervention in the form of a change in its form. Its essence consisted in the introduction of production and economic units, the change in wage policy and the tangible responsibility of enterprises. The concept had some elements of the market economy. As Czechoslovakia was in a bad economic situation, the reform itself could not immediately create an opposite situation in terms of economic boom. Conservative politicians understand this in the sense that reform is the cause of a bad economic situation. Therefore, the reform of r. 1961 revoked, but the reform process began again for four years.