The Czech Republic battles economic upheaval and follows out a winner.

The Czech Republic battles economic upheaval and follows out a winner.

When the Berlin Wall came down in 1989 many former USSR countries beared great economic hardship while assimilating into the world market. The Czech Republic, formerly part of Czechoslovakia, was able to adapt relatively quickly to economic changes, however. As the main supplier of industrial equipment to the USSR and Eastern Bloc countries, the Czech machine tool industry had great potential for overcoming the challenges of a independent economy. Within a few short years, Czech manufacturers compet from offering ...

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