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This chapter assesses recent regulatory reforms and considers the scope for future initiatives in this area, as well as at other ways in which the authorities could do more to enhance the business environment.
The economy has moved into the first stages of recovery, but major challenges lie ahead: assuring medium- and long-term fiscal sustainability, further advancing pro-growth tax reform and building on recent reforms to improve the business environment.
6-April-2010
Czech, , 485kb
Česká ekonomika byla vzhledem ke své vysoké míře otevřenosti a zapojení do globálních výrobních řetězců výrazně zasažena celosvětovým poklesem hospodářského růstu. Také její fiskální pozice utrpěla značnou újmu, která si vyžádala rychlý přechod od stimulační politiky ke konsolidaci. Hlavní střednědobou výzvou je vytvoření podmínek pro rychlé dohnání vyspělých ekonomik OECD, zejména obnova udržitelnosti veřejných financí a zlepšení
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The economy has moved into the first stages of recovery, but major challenges lie ahead: assuring medium- and long-term fiscal sustainability, further advancing pro-growth tax reform and building on recent reforms to improve the business environment.
6-April-2010
English, , 390kb
The Czech economy was severely affected by the global downturn, owing to its high degree of openness and integration in global production chains. The fiscal position was also hit hard, prompting a rapid shift in policy from stimulus to consolidation. The medium-term challenges facing the country are principally concerned with creating conditions for rapid convergence with advanced OECD economies by restoring the sustainability of
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This chapter describes the main tax and benefit reforms implemented in recent years and provides an initial assessment of their impact and an analysis of the scope for further reform.
Presenting the Economic Survey of the Czech Republic at a high level seminar in Prague, A. Gurría suggested the creation of a "watchdog" to monitor the fiscal policy process in order to make it easier to avoid overspending in good times and thus to limit deficit bias.
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During his visit to Prague, Angel Gurría will present the OECD Economic Survey of the Czech Republic at a press conference and two seminars. He will also meet with government officials to discuss a range of key policy issues.
10-March-2010
English, , 119kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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24-February-2010
English, , 40kb
Statement by the Czech Republic, OECD Agriculture Ministerial Meeting 2010
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