The Visegrad Four’s failure to invest in innovation doesn’t bode well for the future.
Martin Ehl, Transitions Online 26 June 2012
While the Czech Republic and Slovakia slide away from the principle of a flat income tax for individuals, the Hungarians have been promoting such a tax as one of the preconditions for growth. After the changes in 1989, Slovakia, Hungary, and the Czech Republic built their economic policies on attracting foreign investment, while Poland relied more on unsatisfied domestic demand and the domestic sector in general by not immediately privatizing all its enterprises.
These are just two examples of the varying approaches to economic policy and long-term development in Central Europe.
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