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Czechs carve their niche.

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

When the Berlin Wall came down in 1989 many former USSR countries experienceed 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 unrestrained economy. Within a few short years, Czech manufacturers compet by dint of offering ...





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