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Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic activity took place at the end of 2008 and in the year 2009. On the supply side the main contributing factors were labour and total factor productivity. On the demand side the...
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currency and the development of domestic inflation). It is obvious that exchange rate policy is not a passive factor, at least … that the inflation rate is growing in accordance with the growth of depreciation of the foreign exchange rate and the …
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. Macroeconomic stability of the Czech economy improved substantially in the fields of inflation, monetary development and foreign …
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Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The economic growth measured by the indicators of real...
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