Volumen 15 (2015): Heft 3 (September 2015)

Liberalisation of railway market can be an important instrument for increasing the attractiveness of local rail services and consequently for making the railways more competitive with other means of transport, which could result in changing the modal share in the favour of railways. The differences in the railway liberalisation level as well as in the policies towards rail transport between Central and Eastern European countries are vast, hence the present situation and the future prospects of regional services are diverse. Whereas there is only one railway line in Slovakia which is not operated by the state railway company ZSSK, a few private local connections which complement a very dense network of ČD state railways are in service in the Czech Republic. Poland, by contrast, is a country where liberalisation of railway market is most advanced as several different companies are responsible for transport in the regions. However, the results of this large scale liberalisation are ambiguous as the positive effects (reopening of some lines) are balanced by isolation of the new regional government-owned systems from each other. In Austria, by contrast, the existence of several private and regional government-owned local railways which are an indispensable part of the regional transport networks has contributed to maintain an effective transport system. Although the effects of liberalisation on the local railway networks can often be ambiguous, several cases from the Czech Republic, Austria and Poland show that privatisation and municipalisation may have a positive effect on the railway service as it has enabled to maintain the service on many sections which were at risk of closure. However, the most important condition of the effective transport development seems to be an active cooperation between the railway operators and the local governments as an expression of appropriate transport policy.

Economic hardship fuels worries about a possible higher share of extremist parties in European legislature and executive. The article examines whether the recent economic recession resulted in growth in electoral support for the extreme right and the extreme left in parliamentary elections. The empirical analysis includes a set of 23 EU member states and observes the period from 1995 to 2012. A supplementary aim is to determine to what degree this phenomenon has a greater impact on countries that were forced to resort to IMF financial intervention. The analysis reveals that decline in GDP and growth in unemployment helped increase electoral support for extremist parties in the EU countries. Simultaneously, their share in the lower house representation grew. In these cases, the increase in support was primarily for extreme left parties. The inflation rate did not have any significant impact on growth in vote share for extremist parties. An increased vote share for extremist parties was more apparent in countries in receipt of an IMF loan.

The paper deals with the accuracy of the real GDP growth forecasts produced by two Czech non-governmental institutions: the Czech-Moravian Confederation of Trade Unions (CMKOS) and the Czech Banking Association (CBA) in the years 2007-2014 and 2011-2014 respectively. Utilizing a research method composed of simple (AFE), scale-dependent (RMSE) as well as relative (MASE) error measures, we found out that (i) CMKOS predictions achieved a lower forecasting error on average, beginning with a notable overestimation in the first turnover point from growth to decline (2008-2009), yet followed by gradual improvement resulting in superior accuracy over set benchmarks (Ministry of Finance, Czech National Bank, OECD) in later years (2010-2014). The CBA predictions, on the other hand, exhibited (ii) a high level of interconnection with official bodies (MF, CNB), but with overall inferior forecasting accuracy, despite the shorter time frame (2011-2014). Overall, the study suggests that of the two surveyed non-governmental bodies, only CMKOS forecasts represent a viable alternative to the official predictions published by the Ministry of Finance or the Czech National Bank, as CBA forecasts were found to be a less accurate satellite of these bodies.

With regard to changes in the environment of tertiary education and tertiary educational systems, universities are now unlikely to succeed as ‘separated closed’ institutions that are unresponsive to their environment and stakeholders. Stakeholder analysis is considered as an important part of university management and marketing and universities have to take care of key stakeholder groups and build long term relationships with them. This paper focuses on the stakeholder analysis and adopts the stake-holder theory and analysis for the needs of the Czech market of tertiary education. This paper analyses results of the author’s online questionnaire that provided the input for data analysis deploying basic descriptive analysis and first steps of stakeholder analysis – identification, categorization and prioritization. Results of author’s research show that there are only slight differences between public and private universities and their perspective concerning generic stakeholder groups of universities. However the research revealed two controversial stakeholder groups – donors and competitors. In comparison with other stakeholder groups perception of these two stakeholder groups by public and private universities is very different. Stakeholder groups of public and private universities were categorized into four basic groups - primary internal stakeholder groups, primary external stakeholder groups, secondary internal stakeholder groups, and secondary external stakeholder groups. Primary internal and external stakeholder groups which are crucial for survival of universities are the most important stakeholder groups for universities. The author identified ten most important stakeholder groups for public and private universities separately, based on assigned priorities that will be used for further research.

This article analyses the development of legislation regarding private property in Czechoslovakia between 1948 and 1989 and summarizes available empirical data relating to property rights protection in the given period. Although the legislation took gradual steps towards diminishing the status of private property, no laws were passed that officially or entirely terminated its existence. The legislation of the 1960s set a status quo which codified property rights until the fall of the Communist regime in 1989. Most of the empirical data, which are available only for the 1980s, do not show any significant trend, corresponding with the unaltered situation in the legislation of that decade.