2003 OECD Economic Surveys: Czech Republic 2003

image of OECD Economic Surveys: Czech Republic 2003

This 2003 edition of OECD's periodic review of the Czech economy includes special features on health policies and structural policies.

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Recent Economic Developments

As with other countries in the region, the Czech Republic continues to face far-reaching structural transformations, which bear directly on macroeconomic performance. The economy has not yet reached a level at which a business cycle is firmly established. Potential output is not yet following a regular trend, but continues to reflect to a larger extent the impact of restructuring efforts in the wake of legal reforms and ownership changes.

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