The new Czechoslovak Government is in the process of dramatically revising that country's commercial and property laws in order to revitalize their economy and encourage foreign investment. This Article examines the initial steps toward legal reform, as well as the Government's future plans. Specifically, the author addresses the reforms of commercial and corporations law and the Government's plans for further privatization. The author concludes with the suggestion that an active and independent Czechoslovak judiciary will play a vital role in economic reform by reassuring foreign investors that the Government will not undercut the new laws for political reasons.
Richard S. Gruner,
Of Czechoslovakia and Ourselves: Essential Legal Supports for a Free Market Economy,
15 Hastings Int'l & Comp. L. Rev. 33
Available at: https://repository.uchastings.edu/hastings_international_comparative_law_review/vol15/iss1/2