wiiw Current Analyses and Forecasts
The Czech Republic: In recession
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in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, March 2013 , pp. 65-67
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In 2013 the Czech economy is exposed to a number of risks. Deep recession in the major export
markets would have the most debilitating effects on the Czech economy. The continuing fiscal con-
solidation, which is likely to take place, could produce effects that are hard to calculate. Other risks
do not seem serious. Monetary policy is not going to make irresponsible moves while the country’s
banks, corporate non-financial and household sectors are financially sound and resilient to imagina-
ble disturbances.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Czechia, Visegrad countries