Abstract: The largest share of policy and money within the
European Union goes to agriculture. The Union’s Common
Agricultural Policy has undergone several transformations in the last
five decades, with the main change taking place in the 1990s. This
change influenced agriculture in the Czech Republic, inasmuch as the
fledgling republic was preparing to join the European Union and
adopt its policies. In the 1990s, Czech agriculture passed from
a centrally planned economy to a market economy and subsequently
adopted the terms of the Common Agricultural Policy. The Czech
Republic is also characterized by a significant diversification of
landscape sphere. Agricultural entrepreneurs in the Czech Republic
are still not accustomed to the possibility of grants from the European
Union. They focus rather on national or regional subsidies. Only half
of all agricultural entrepreneurs in the Czech Republic use European
subsidies. This article focuses on the introduction of the Common
Agricultural Policy to the Czech Republic and its subsequent
influence on Czech agriculture. It is demonstrated through the
implementation rate of the CAP in the EU Member States and
a closer focus on Czech integration.
Abstract: The aim of this paper is to trace the historical
development of the accounting profession in Libya, in order to
identify challenges facing the profession as the country moves from a
closed to emerging economy. The study is based on a literature
review and archival research. Accounting information has a vital role
to play in the achievement of economic goals in developing and
emerging economies, but a well qualified accounting profession is
required. In the context of institutional instability and unique cultural
factors, the accounting profession in Libya faces educational and
legal challenges if it is to achieve its potential in assisting the country
to reach its economic goals. This study focuses on one country,
which does limit its generalisability. However, it also suggests
fruitful research areas in considering the impact and challenge of
historic factors on the accounting profession in emerging economies.
Centrally planned economies require a body of well trained
professional accountants if they are to emerge onto the global
economic arena. Studies on the accounting profession have focused
primarily on those in developed economies, where the need for
meaningful accounting information for decision making is taken for
granted and there is a well trained, professional workforce. This study
of the profession in an emerging economy highlights the efforts that
will be needed to ensure the contribution of the profession to the
economic wellbeing of other emerging economies.