IDRAC NANTES
Marketing et Management européen (3ème année)
Année d’étude : 2008 – 2009

Czech Economy Evolution

Nicolas HEC

The Czech Republic economy is one of the most developed of the central and eastern Europe. Its economic growth is strongly influenced by the demand for the exports and the stream entering foreign direct investments. The GNP of the country reached 6.4 % in 2006, while it was from 6.1 % to 2005 and 4.2 % in 2004. The statistics national office foresees a slowing down in 5.9 % in 2007 and 5 % in 2008.

The domestic demand should be a less dynamic engine for the economic expansion and the net exchanges will be a stimulus less important for the growth, because the imports demand in the Euro zone will be slowed down. The inflation stays under control (2.6 % in 2006), but the public money are stopping gradually and the budget deficit is widening. However, the government undertook to reduce the deficit to 3 % of the GNP in 2008, to answer the Maastricht requirements, for the adoption of the Euro in 2010

My OUTLINE

| | |
|I - Czech economy History sinc1e 9th century |p.4 |
|The development of the industry | |
|After First World War | |
|The revival | |
|The nationalization | |
|The industry reconstruction