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| | Czech Republic Economy - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International ... |
 | | Delays in enterprise restructuring and failure to develop a well-functioning capital market played major roles in Czech economic troubles, which culminated in a currency crisis in May. The currency was forced out of its fluctuation band as investors worried that the current account deficit, which reached nearly 8% of GDP in 1996, would become unsustainable. |
 | | Czech difficulties contrast with earlier achievements of strong GDP growth, a balanced budget, and inflation and unemployment that were among the lowest in the region. |
 | | The Czech economy's transition problems continue to be too much direct and indirect government influence on the privatized economy, the sometimes ineffective management of privatized firms, and a shortage of experienced financial analysts for the banking system. |
| www.photius.com /wfb1999/czech_republic/czech_republic_economy.html (421 words) |
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