Czech economy in 1998: risks and challenges
Kamil Janáček,
Martin Cihak (mcihak@hotmail.com),
Marie Frýdmanová,
Tomas Holub and
Eva Zamrazilová
Prague Economic Papers, 1998, vol. 1998, issue 2
Abstract:
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.
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://pep.vse.cz/doi/10.18267/j.pep.148.html (text/html)
free of charge
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpep:v:1998:y:1998:i:2:id:148
Ordering information: This journal article can be ordered from
Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
http://pep.vse.cz
papers@vse.cz
DOI: 10.18267/j.pep.148
Access Statistics for this article
Prague Economic Papers is currently edited by Klára Pavlová
More articles in Prague Economic Papers from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir (webmaster@vse.cz).