The Czech Economy in the Last Decade: Determinants and Obstacles to Economic Growth
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F24%3AA0000502" target="_blank" >RIV/47813059:19520/24:A0000502 - isvavai.cz</a>
Result on the web
<a href="https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241001/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/978-1-83753-840-920241001/full/html</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/9781837538409" target="_blank" >10.1108/9781837538409</a>
Alternative languages
Result language
angličtina
Original language name
The Czech Economy in the Last Decade: Determinants and Obstacles to Economic Growth
Original language description
Czechia is a small open economy and a member state of the European Union. Several important trends and episodes that have determined economic growth can be identified over the last two decades. This chapter deals with some macroeconomic features like macroeconomic and labour market performance within the business cycle, the Czech National Bank (CNB) exchange rate commitment and interest rate policy, increasing indebtedness and budget deficits, foreign trade and the international investment position. We applied publicly available data from Eurostat, the Organisation for Economic Co-operation and Development and CNB databases. The data show that the Czech economy was significantly converging to the average economic level of the European Union. We also identified key turning points in business cycles. Macroeconomic data on economic development of the economy indicate an atypical course of the business cycle between 2020 and 2022, which can be evaluated as different from the one that followed the global financial crisis.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Modeling Economic Growth in Contemporary Czechia
ISBN
9781837538416
Number of pages of the result
16
Pages from-to
1-16
Number of pages of the book
322
Publisher name
Emerald Publishing Limited
Place of publication
Leeds
UT code for WoS chapter
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