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INVESTMENT INCENTIVES IN THE ENVIRONMENT OF THE CZECH REPUBLIC

Petr Blaschke

Investment incentives are a widely used tool of economic policy employed not only in the Czech Republic (CR) but also in other European economies. Given the ambiguous perception established by the review of the literature on investment incentives and the effects that supported investment brings to the economy, this article aims to evaluate the issue of investment incentives in the CR with the use of a time series regression analysis (1998–2019) in order to answer two main research questions: Do investment incentives attract investment into economically weaker regions? Do investments supported by incentives lead to the economic prosperity of these regions? The inspiration for the article comes from a comprehensive study focused on investment incentives in the CR (Schwarz et al., 2007). The experts’ views on investment incentives are ambiguous – some perceive them positively, others criticize them and consider them undesirable.
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ENVIRONMENTAL TAX REFORM SCENARIOS ANALYSIS

Eva Fuchsová

When looking for effective tools for the protection of the environment, the importance of economic instruments and their impact on the economy must not be overlooked. The triad – economics – environment – energy, commonly identified as the E3, is no doubt one of the most dynamically developing areas even at the EU level. All measures taken on behalf of the protection and intensification of the growth of one "E" factor, also have implications for the other remaining policies. The following article proposes the evaluation of the environmental tax reform as an economic tool for all of the E3 sectors.
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