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Effects of Economic Change Before and After the Desolution of Czechoslovakia

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Effects of Economic Change Before and After the Desolution of Czechoslovakia
Effects of Economic Change Before and After the Dissolution of Czechoslovakia POLS 326 December 11, 2011 Stacy Epps and Halley Tucker

Introduction Problem statement The aim of the paper is to try and identify the economic conditions of the people after the dissolution of Czechoslovakia and the consequent change in government. For this purpose the economic conditions of the people before and after the division are considered along with in order to capture the effect of the split. The study shall be based on some economic indicators like income, employment, and inequality. The question is “What economic changes did the people of the Czech Republic and Slovakia experience after the dissolution of Czechoslovakia?”

Importance of the Question The change of political scenario had always affected the Czechoslovakian citizens. In 1993 the people of the Czech Republic and Slovak Republic gained their respective rights (Wolchik and Curry, 193). However at what cost that right came is an important question.

Reasons for choosing the Czech Republic and Slovakia Every country during its transformation process undergoes economic turmoil. Czechoslovakia had been a country that had experienced transformation of its political, economic, and social scenario several times in history. However the division of Czechoslovakia had been a unique phenomenon. We want to study the effects of such collapse on the economic condition of the people.

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Background Prague Spring The Prague Spring was a time of political turmoil in Czechoslovakia during the spring of 1968. It began on January 5th and continued until August 21st of the same year. There were years of mounting unrest with the Czechoslovakians in the 1960s but the movement was initiated when Alexander Dubček was elected the First Secretary of Communist Party of Czechoslovakia, and continued on to when the Soviet Union and members of the Warsaw Pact invaded the country to halt the reforms (Wolchik and Curry 191).
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