Ota Sik; the Architect of Czechoslovakia's 'Third Way'

Summary

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Ota Sik, a concentration-camp survivor who went on to become architect of Czechoslovakia's "third way" economic policy in the 1968 Prague Spring crushed by Soviet forces, has died, aged 84.

Sik, who became an economics professor at the University of St Gallen, Switzerland, after fleeing Czechoslovakia, died in a hospital after a long illness.

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Extract

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Ota Sik; the Architect of Czechoslovakia's 'Third Way'

Czechoslovakia's communist government adopted Sik's economic ideas in 1965 to kick-start industrial growth in a stagnated economy.

Sik's "new econo...

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