Competitiveness / Macroeconomic Indicators, Economic Growth
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Competitiveness: A year after monetary intervention of CNB
cAlthough it has been a year since the introduction of Czech National Bank intervention to weaken Czech currency both professionals and general public still can’t agree whether it was good or bad measure. Present Governor of Czech National Bank Miroslav Singer defends these steps as necessary and th...
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Competiveness: Czech Economy 25 Years from “Velvet Revolution”
According to the Czech Statistical Office the nominal GDP grew since 1989 by more than 500 %. In 1990 the nominal GDP value was 672 bn crowns and now it is more than 4 trillion CZK. When considering real economic growth including inflation and other influences the GDP grew by more than 50 % compared...
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Competitiveness: Czech economy is to grow faster
According to the newest prediction of Ministry of Finance the Czech economy in theyear 2014 should grow by 2.7 %. That is 1 % higher than its previous estimate and it is mainly affected by real economic growth of 0.8 % in the first quarter of this year. According to the Ministry this was caused by t...
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