wiiw Forecast Reports
THE CZECH REPUBLIC: Second dip left behind
in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 57-58
THE CZECH REPUBLIC
The Czech economy has finally recovered from the effects of fiscal consolidation. Given the relatively low level of debt burden in both the government and private sectors and the ‘growth-friendly’ monetary and fiscal policies, recovery over the period 2015-2017 seems assured. Acceleration of growth, however, may only be gradual as fixed investment is unlikely to expand at a markedly high rate. Doubts have recently been voiced about the country’s foreign trade performance in the years to come.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Czechia