Economy - The Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F19%3A00582623" target="_blank" >RIV/00216208:11640/19:00582623 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Economy - The Czech Republic

Popis výsledku v původním jazyce

Since the Czech Republic’s entry to the European Union (EU) in 2004, the country’s economy has experienced an increasing trend in convergence towards its Western counterparts. However, the global financial and economic crisis that commenced in 2008 affected the process to a greater extent than was the case in other countries in the Central and Eastern European region, and only limited growth in Czech gross domestic product (GDP) was recorded during 2008–13. Thereafter, the Czech economy started to recover quickly, and in 2017 GDP per head, measured in purchasing power standard terms, reached 89% of the EU average and 83% of the Organisation for Economic Co-operation and Development (OECD) average (according to Eurostat figures). Since 2015, the country has demonstrated one of the best economic performances among the EU countries, characterized by strong economic growth, low unemployment rates, the expansion of exports and a decline in government debt. According to the World Bank, the Czech economy grew by 2.5%, by 4.4% and by 2.9% in 2016, 2017 and 2018, respectively. Furthermore, government and European Commission economic forecasts suggest that the trend of sustained growth will continue in 2019–20.

Název v anglickém jazyce

Economy - The Czech Republic

Popis výsledku anglicky

Since the Czech Republic’s entry to the European Union (EU) in 2004, the country’s economy has experienced an increasing trend in convergence towards its Western counterparts. However, the global financial and economic crisis that commenced in 2008 affected the process to a greater extent than was the case in other countries in the Central and Eastern European region, and only limited growth in Czech gross domestic product (GDP) was recorded during 2008–13. Thereafter, the Czech economy started to recover quickly, and in 2017 GDP per head, measured in purchasing power standard terms, reached 89% of the EU average and 83% of the Organisation for Economic Co-operation and Development (OECD) average (according to Eurostat figures). Since 2015, the country has demonstrated one of the best economic performances among the EU countries, characterized by strong economic growth, low unemployment rates, the expansion of exports and a decline in government debt. According to the World Bank, the Czech economy grew by 2.5%, by 4.4% and by 2.9% in 2016, 2017 and 2018, respectively. Furthermore, government and European Commission economic forecasts suggest that the trend of sustained growth will continue in 2019–20.

Druh

C - Kapitola v odborné knize

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název knihy nebo sborníku

Central and South-Eastern Europe 2020

ISBN

978-0-367-17507-8

Počet stran výsledku

4

Strana od-do

185-188

Počet stran knihy

836

Název nakladatele

Routledge

Místo vydání

London

Kód UT WoS kapitoly

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