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Perspectives of czech economy after entry to the European union

Bibliographic Data

ID10713614
AuthorsKamil Janáček (Aetna (United States)), Eva Zamrazilová (Aetna (United States))
Year2004
Volume52
Issue5
Pages579-600
Publication date2004-10-01
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.477
OpenAlexW2325934092
LanguageEN
Citations received2
References cited4

Gradual narrowing of the gap between consumer and investment demand was one of major achievements of 2003, supporting the long-term sustainability of Czech economic growth. In the first half of 2004, industry and construction witnessed strong growth, retail trade showing a considerable slowdown. Growth in industry has continued to be more rapid in the sector of foreign controlled companies. After a slight weakening of deflation tendencies in the third quarter of 2003, last quarter of 2003 and first half of 2004 confirmed a resurgence of inflation. Growth of industrial prices was more rapid than the growth of consumer ones, predominantly due to increasing world prices of oil and metals. The labour market and public finance continue to be the main macroeconomic problems of the Czech Republic. The improvement may come only after adoption of fundamental reforms in both these areas

Czech · Deflation · Economic policy · Economic slowdown · Economics · European union · Foreign direct investment · Inflation (cosmology) · International economics · Investment (military) · Macroeconomics · Market economy · Monetary economics · Monetary policy · Quarter (Canadian coin) · Sustainability · Economic and Fiscal Studies

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Citations per year0.1
Citation span2006 - 2006 (1)
Highly citedNo

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