Czech economy during the transformation in comparison with Poland and Hungary

This thesis deals with the transition of centrally planned economic system to market system, namely in the Czech Republic, Poland and Hungary. In the theoretical part are approximated goals and phases ot transformation and transformation strategies. Furthermore, the Washington consensus, the circumstances of its origin, its content and what position occupied in transition economies. The practical part monitor the development of individual economies in the period from 1990 until 2004. Development is not captured only by macroeconomic indicators (GDP, inflation, unemployment), but also by events that these indicators have an impact. Conclusion is devoted to an overall summary and assessment of the transformation process in all three countries