Czech Republic 2014

By:

Organisation for Economic Co-operation and Development

Format:

Paperback / softback

Series:

OECD Economic Surveys

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Description

OECD's 2014 review of the economy of the Czech Republic examines recent economic developments, prospects and policies. Special chapters cover completing the transition to a competitive domestic economy and strengthening skill use and school-to-work transitions.The economy has remained weak for longer than many other OECD countries and a hesitant export-led recovery is materialising, but significant reductions of the output gap are unlikely to take place over the short-term, raising the risk of deflation. Also, the income convergence process regarding the euro area has stalled, reflecting the recession and a decline in potential growth, reflecting decelerating investment and productivity. The main policy challenges are to sustain the recovery and raise potential growth, pointing to a need for developing a more competitive service sector and better school-to-work transition as discussed in Chapter 1 and 2, respectively.

Release date NZ

April 4th, 2014

Author

Organisation for Economic Co-operation and Development

Audience

Professional & Vocational

Illustrations

col. figs, tables

Pages

118

Series

OECD Economic Surveys

Dimensions

210x270x6

ISBN-13

9789264206793

Product ID

22298401

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