Contract Enforceability in the Czech Republic and Its
Comparison with the EU Countries.

D 2010

Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries.

ŠEDOVÁ, Jindřiška a Gabriela OŠKRDALOVÁ

Základní údaje

Originální název

Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries.

Autoři

ŠEDOVÁ, Jindřiška a Gabriela OŠKRDALOVÁ

Vydání

II. Romania, Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation, 6 s. 2010

Nakladatel

West University of Timisoara,

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Rumunsko

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/10:00045520

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-960-474-241-7

ISSN

Klíčová slova anglicky

competitiveness institutional framework contract enforceability court proceedings insolvency

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 26. 3. 2013 09:12, Ing. Gabriela Oškrdalová, Ph.D.

Anotace

V originále

The contribution aims to assess the level of contract enforceability in the Czech Republic (hereinafter referred to as CR) in comparison with the EU countries. The CR seeks full integration in the institutional framework of the EU and also wishes to succeed in the competition with economically more advanced countries of the EU. The global competitiveness assessment carried out by the World Bank ranks the CR among top 30 countries. This relatively favourable assessment carried out through the Global Competitiveness Index does not, however, reflect the same level of the examined areas. The contribution focuses on contract enforceability which has long been considered the weakest link of the Czech institutional framework. The contract enforceability is defined from the perspective of the new institutional economics as one of the fundamental conditions required to lower the transaction costs. The higher level of contract enforceability is expected to motivate market players to engage in a more intensive exchange of goods and services. The assessment of contract enforceability in the CR in comparison with the EU countries is based on the World Bank assessment while the specifics of the Czech institutional framework development are assessed and analyzed based on the insufficient amount of the domestic data available. The reasons of the low contract enforceability are derived from the assessment of the main institutions ensuring contract enforceability in the CR. The conclusions of these assessments serve as recommendations to improve the economic policy of the CR.

Citovat

ŠEDOVÁ, Jindřiška a Gabriela OŠKRDALOVÁ. Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries. In Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation. II. Romania: West University of Timisoara,, 2010, 6 s. ISBN 978-960-474-241-7.

@inproceedings{909073,
   author = {Šedová, Jindřiška and Oškrdalová, Gabriela},
   address = {Romania},
   booktitle = {Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation},
   edition = {II.},
   keywords = {competitiveness institutional framework contract enforceability court proceedings insolvency},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Romania},
   isbn = {978-960-474-241-7},
   publisher = {West University of Timisoara,},
   title = {Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries.},
   year = {2010}
}

TY  - CONF
ID  - 909073
AU  - Šedová, Jindřiška - Oškrdalová, Gabriela
PY  - 2010
TI  - Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries.
PB  - West University of Timisoara,
CY  - Romania
SN  - 9789604742417
KW  - competitiveness institutional framework contract enforceability court proceedings insolvency
N2  - The contribution aims to assess the level of contract enforceability in the Czech Republic (hereinafter referred to as CR) in comparison with the EU countries. The CR seeks full integration in the institutional framework of the EU and also wishes to succeed in the competition with economically more advanced countries of the EU. The global competitiveness assessment carried out by the World Bank ranks the CR among top 30 countries. This relatively favourable assessment carried out through the Global Competitiveness Index does not, however, reflect the same level of the examined areas. The contribution focuses on contract enforceability which has long been considered the weakest link of the Czech institutional framework. The contract enforceability is defined from the perspective of the new institutional economics as one of the fundamental conditions required to lower the transaction costs. The higher level of contract enforceability is expected to motivate market players to engage in a more intensive exchange of goods and services. The assessment of contract enforceability in the CR in comparison with the EU countries is based on the World Bank assessment while the specifics of the Czech institutional framework development are assessed and analyzed based on the insufficient amount of the domestic data available. The reasons of the low contract enforceability are derived from the assessment of the main institutions ensuring contract enforceability in the CR. The conclusions of these assessments serve as recommendations to improve the economic policy of the CR.
ER  -

ŠEDOVÁ, Jindřiška a Gabriela OŠKRDALOVÁ. Contract Enforceability in the Czech Republic and Its Comparison with the EU Countries. In \textit{Proceedings of the 5th WSEAS International Conference on Economy and Management Transformation}. II. Romania: West University of Timisoara,, 2010, 6 s. ISBN~978-960-474-241-7.

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