TY - JOUR AB - In their quest to move toward free‐market economics, different nations have adopted contrasting strategies in implementing reforms. The Czechs and Slovaks, adjacent nations with similar natural resources, were both united for a substantial period of time. Although both shared a common experience, with centralized policies under communist rule, each retained its respective cultural values. Following the “velvet divorce” of the former Czechoslovakia, the Czech Republic rushed into a market economy with entrepreneurs being agents of social change. The Czech Republic became the first former member of the Warsaw Pact to be invited to join NATO and the European Union. Slovakia, in contrast, adopted a policy of slow and gradual reform, with special assistance provided to micro‐enterprise. VL - 12 IS - 6 SN - 0955-534X DO - 10.1108/09555340010379045 UR - https://doi.org/10.1108/09555340010379045 AU - Paul Dana Leo PY - 2000 Y1 - 2000/01/01 TI - The hare and the tortoise of former Czechoslovakia: reform and enterprise inthe Czech and Slovak Republics T2 - European Business Review PB - MCB UP Ltd SP - 337 EP - 344 Y2 - 2024/04/19 ER -