“Two decades ago, the newly independent Czechoslovak Republic set out on the gargantuan task of privatizing an entire country’s economy, a project that spurred wild successes and flagrant abuses but nevertheless was dubbed the “Czech miracle.”…Despite the hurdles along the way, the Czech economy has emerged as a stable and significant one in the Central and Eastern Europe region, even surviving the recent recession relatively unscathed compared with its neighbors.”
The Prague Post reviews the most-successful capitalist transition in East Europe @ http://www.praguepost.com/business/2793-experts-recall-the-czech-miracle.html