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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.
Presenting the OECD Economic Survey of the Czech Republic in Prague, Angel Gurría underlined that "The economy has shown considerable resilience in the face of extraordinary challenges."
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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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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.
The German job market has weathered the crisis well, said OECD Secretary-General Angel Gurría. Presenting the Economic Survey of Germany in Berlin, he said structural reforms were needed to ensure the sustainability of public finances and of long term growth. Stimulating domestic investment would help reduce the current account surplus, he added.
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26-March-2010
German, , 930kb
Die deutsche Wirtschaft erholt sich von einer schweren Rezession. Nun ist die Herausforderung, die Arbeitsmarktpolitik anzupassen, die Tragfähigkeit der öffentlichen Finanzen wiederherzustellen, die Stabilität im Bankensektor zu sichern und das Wachstum über die Exportwirtschaft hinaus auszudehn
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