English, Article edition: Czech Economy in 1998: Risks and Challenges Kamil Janáček; Martin Čihák; Marie Frýdmanová; ...

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Bookmark: http://trove.nla.gov.au/version/211302
Physical Description
  • article
Language
  • English

Edition details

Title
  • CZECH ECONOMY IN 1998: RISKS AND CHALLENGES
Author
  • Kamil Janáček
  • Martin Čihák
  • Marie Frýdmanová
  • Tomáš Holub
  • Eva Zamrazilová
Physical Description
  • article
Notes
  • Characteristics for 1997 was a significant slowdown of Gross Domestic Product (GDP) growth: within the first three-quarters, GDP grew by 1.1 %, and our estimate for the whole year is 1.4 %. At the same time 1997 was a turning year with respect to some components of Gross Domestic Product. The growth rate of household consumption decreased substantially (by almost one half). After three years of very dynamic, double-digit growth of gross fixed capital formation, in 1997 investment in fixed capital was falling (a decrease of almost 5%). Government consumption practically stagnated. Growing exports were among the main components of GDP growth, especially in the second half of 1997.
  • RePEc:prg:jnlpol:v:1998:y:1998:i:3:id:229
  • Characteristic for 1997 was a significant slowdown of Gross Domestic Product (GDP) growth: within the first three quarters, GDP grew by 1.1 %, and our estimate for the whole year is 1.4 %. At the same time 1997 was a turning year with respect to some components of Gross Domestic Product. The growth rate of household consumption decreased substantially (by almost one half). After three years of very dynamic, double-digit growth of gross fixed capital formation, in 1997 investment in fixed capital was falling (a decrease of almost 5%). Government consumption practically stagnated. Growing exports were among the main components of GDP growth, especially in the second halt of 1997.
  • RePEc:prg:jnlpep:v:1998:y:1998:i:2:id:148
Language
  • English
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