Economic policy / Macroeconomic Indicators, Economic Growth
This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.
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IMF projects Czech real GDP growth at 2.8% in 2017 and 2.2% in 2018
According to the IMF World Economic Ouitlook April 2017, world growth is projected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. The projection for the Czech Republic is 2.8% real GDP growth in 2017 and 2.2% in 2018.
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AmCham CZ: The Czech Republic has done well during the current electoral period. Can we do better in the next?
The Czech Republic has done well during the current electoral period. Can we do better in the next? We can, but we will need to focus on attaining better technology and the knowledge, both in technical expertise and management, to commercialize it successfully.
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Citi Central Europe Economics View: We believe that a more efficient way to raise economic growth in the medium term would be via structural reforms | Global Economic Forecast
Citi Central Europe Economics View shows that the risk of a significant slowdown in the long term is lowest in Czech Republic, while highest in Croatia or Bulgaria. In the near term they see a risk is that policymakers may not realize the slowdown is structural. If the authorities misinterpret the data and treat economic weakness in the region as a consequence of cyclical forces, the policy response may be incorrect and ineffective.
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