European Parliament Library

Czech Republic :, Recent Economic Developments

Abstract
This paper describes economic developments in the Czech Republic during 1990–95. In 1991–93, quick progress was made in containing inflation, rebuilding foreign reserves, and restoring confidence in economic policies; and this was followed by resumption of growth in 1994. Financial and political stability and continued progress toward a market economy attracted large capital inflows in 1993–95. In spite of attempts to sterilize these inflows, monetary growth was rapid and fueled a boom in domestic demand, which in turn widened the current account deficit and maintained inflation at relatively high levels
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (202 pages)
Form Of Item
online
Isbn
9781280986024

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