OECD economic surveys : Czech Republic 2014 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author.

Series:

OECD Economic Surveys

Language:

English

Subjects (All):

European Union--Czech Republic.

European Union.

Czech Republic--Economic conditions.

Czech Republic.

Czech Republic--Politics and government.

Physical Description:

1 online resource (122 p.)

Place of Publication:

Paris, France : OECD Publishing, 2014.

Language Note:

English

Summary:

OECD's 2014 review of the economy of the Czech Republic examines recent economic developments, prospects and policies. Special chapters cover completing the transition to a competitive domestic economy and strengthening skill use and school-to-work transitions.

Contents:

Table of contents; Basic statistics of Czech Republic, 2012; Executive summary; Main findings; Key recommendations; Supporting the recovery and potential growth; Promoting competition; Strengthening skill use and school-to-work transitions; Assessment and recommendations; A bumpy recovery is under way after a prolonged recession; Figure 1. Convergence in GDP per capita; Table 1. Short-term macroeconomic indicators; Figure 2. Part-time employment is relatively low; Figure 3. Labour force participation has increased to the European average; Figure 4. Inflationary pressures remain weak

Figure 5. A strong exchange rate is combined with low interest rate differentialsFigure 6. Credit expansion has slowed; Box 1. Main policies in the government programme statement; Figure 7. Export performance; Figure 8. Confidence is improving; A long-term challenge is to secure fiscal sustainability; Figure 9. Age-related public expenditure; Figure 10. Old age dependency ratio; A stronger fiscal policy framework could improve policy formulation and implementation; Key macroeconomic policy recommendations; Long-term growth challenges; Environmental challenges must also be addressed

Figure 11. Environmental indicatorsIncome convergence has stopped; Figure 12. Value added shares by industry; Figure 13. Czech Republic is highly integrated in the global value chain; A stronger framework for promoting competition supports domestic drivers of growth; Making regulation more competition friendly and reducing administrative overheads; Network consumers suffer from inefficiencies and high prices; Figure 14. Electricity prices; Figure 15. Mobile prices remain relatively high; Key recommendations to promote competition; Strengthening skill use and school-to-work transitions

Figure 16. The occupation and education structure of the labour force is changingFigure 17. Student performance is relatively low and strongly influenced by socio-economic status; Figure 18. There are high net private returns associated with tertiary education; Key policy recommendations to strengthen skill use and school-to-work transitions; Bibliography; Annex. Progress in main structural reforms; Strengthening the fiscal framework; Promoting spending efficiency through budgetary management and control; Reforming the pension system; Improving health spending efficiency

Making the tax structure more growth and employment friendlyAchieving efficiency in the energy system; Improving the business environment; Supporting innovation and the adoption of new technology; Reforming education; Thematics chapters; Chapter 1. Completing the transition to a competitive domestic economy; Figure 1.1. Relative size of the service sector, by value added; In many sectors consumer welfare can be boosted by passing on productivity gains; Figure 1.2. Productivity and gross operating rate by sector; Figure 1.3. Consumer market scoreboard: Czech Republic versus EU average

Figure 1.4. Proxy measures of sectoral dominance

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters.

Description based on online resource; title from PDF title page (ebrary, viewed May 7, 2014).

ISBN:

9789264219533

9264219536

9789264209350

9264209352