Rok 2002: desinflace v české ekonomice
Year 2002: disinflation in czech economy
Kamil Janáček and
Politická ekonomie, 2003, vol. 2003, issue 3
Slowdown of economic growth occurred as a consequence of overall European slowdown in 2002. The most reliable factor of Czech GDP growth has become private demand of households. The acceleration of Czech economic growth will be strongly determined by the timing and intensity of economic recovery in Western Europe which has been postponing ever since. Strong disinflation processes pressed the inflation rate to record low levels in the history of transition. At the same time, strengthening of CZK continued in the first half of the year with an upturn in mid-2002. Later on, Czech monetary policy succeeded to stop the appreciation, CZK returning back to the level from the beginning of the year.
Keywords: economic growth; inflation; investment demand; consumer demand; world economic recovery; foreign direct investments (search for similar items in EconPapers)
JEL-codes: O11 O52 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
free of charge
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpol:v:2003:y:2003:i:3:id:406
Ordering information: This journal article can be ordered from
Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
Access Statistics for this article
Politická ekonomie is currently edited by Martin Mandel
More articles in Politická ekonomie from University of Economics, Prague Contact information at EDIRC.
Bibliographic data for series maintained by Frantisek Sokolovsky ().