Czech economy on a way back to growth

2000 ◽  
Vol 9 (2) ◽  
Author(s):  
Kamil Janáček ◽  
Martin Čihák ◽  
Marie Frýdmanová ◽  
Tomáš Holub ◽  
Eva Zamrazilová
Keyword(s):  
Foreign Capital ◽  
Gradual Increase ◽  
Domestic Demand ◽  
Short Term ◽  
Government Consumption ◽  
Financial Barriers ◽  
Current Trends ◽  
Main Factors ◽  
Year 2000 ◽  
Fast Removal

The paper contains an analysis of the current trends in the Czech economy, and a short-term outlook for 2000. The authors claim that the economy is going through a gradual turn from recession to stagnation and to a slight recovery. The main factors of the turn toward revival are exports, followed by private household consumption, while government consumption contributed only slightly to the increase of domestic demand. The authors see the main potential risk for the year 2000 in the need to stabilise economic growth and achieve its further acceleration. The success will mainly depend on a fast removal of financial barriers which the majority of Czech firms is now facing. Further inflow of foreign capital, growing competition pressures in the financial sector, the growth of exports, and a gradual increase of domestic demand are likely to help to overcome these barriers.

Section II. Prospects for North America and Japan

1998 ◽  
Vol 166 ◽  
pp. 35-43
Author(s):  
Nigel Pain
Keyword(s):  
Domestic Demand ◽  
Short Term ◽  
Equity Prices ◽  
Us Economy ◽  
Financial Conditions ◽  
External Demand ◽  
The Us ◽  
Year 2000 ◽  
The Impact ◽  
Economic Outlook

The US economy continued to expand strongly in the first half of this year. GDP rose by 2 per cent compared to the latter half of last year, broadly in line with the pace of growth observed throughout 1997. The unemployment rate fell to its lowest level since 1970, with private sector demand continuing to reflect the impact of the sustained appreciation in equity prices since 1994. We expect GDP growth to be a little under 3½ per cent this year. Recent events have sharply changed the short-term economic outlook for the coming months. Growth is now projected to slow significantly, with domestic demand pressures easing and external demand remaining weak. The correction in equity prices and the tighter financial conditions facing many companies should begin to exert a significant drag on economic growth, in spite of likely further relaxation in the stance of monetary policy. GDP is expected to rise by around 1½ per cent both in 1999 and in the year 2000. If credit market conditions were to tighten further, or asset prices to show a renewed decline, then the economy could well move close to outright recession by the end of next year.

The world and Russia: Inflation is minimal, economic growth is slowing, risks are rising

2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
World Economy ◽  
Domestic Demand ◽  
New Combination ◽  
Russian Economy ◽  
The World ◽  
World Economic ◽  
Money Creation ◽  
Main Factors

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.

The Road Back to Full Employment

1993 ◽  
Vol 4 (2) ◽  
pp. 176-197
Author(s):  
Fred Argy
Keyword(s):  
Economic Development ◽  
Unemployment Rate ◽  
Full Employment ◽  
Incentive Structure ◽  
Short Term ◽  
The Road ◽  
Australian Economy ◽  
Year 2000 ◽  
Wage Outcomes ◽  
Major Project

Over the last two years the Committee for Economic Development of Australia (CEDA) carried out a major project: a vision for the Australian economy and practical policies to attain that vision by the year 2000. One of the key goals was to halve the official unemployment rate. The results are outlined in this article. Emphasis is placed on a policy and incentive structure that is skewed in favour of exports, productive investment and savings, a more structurally efficient and flexible labour market, responsible aggregate wage outcomes and acceptance that growth is only sustainable if the short—term costs of structural reform are borne equitably.

scholarly journals The claims handling process of property insurance in South Africa

2011 ◽  
Vol 8 (4) ◽  
pp. 155-164
Author(s):  
D Naudé ◽  
Frederik J. Mostert ◽  
Jan Hendrik Mostert
Keyword(s):  
South Africa ◽  
Emerging Market ◽  
Literature Study ◽  
Short Term ◽  
Property Insurance ◽  
Financial Decision Making ◽  
Empirical Survey ◽  
Term Insurance ◽  
Financial Decision ◽  
Main Factors

Property insurance is the second largest class of short-term insurance in South Africa. As South Africa is a developing country and has an emerging market economy, the conclusions of this paper, which are based on a literature study and an empirical survey, should accordingly also be valuable to short-term insurers in other countries with emerging market economies. The objective of this research paper endeavors to improve financial decision-making relating to the claims handling process of property insurance. It therefore focuses on the insurance of buildings, the contents of buildings, as well as all-risks insurance. After paying attention to the main factors, necessary to contemplate in the claims handling process of each of the three types of subject matter, the applicable problem areas and the effectiveness of the short-term insurers who participate in the empirical survey, are addressed.

scholarly journals Estrategias empresariales y propensión exportadora de la industria agroalimentaria catalana y española

2011 ◽  
Vol 3 (6) ◽  
pp. 107 ◽  
Author(s):  
Mehrez Ameur ◽  
José M. Gil
Keyword(s):  
Firm Size ◽  
Foreign Capital ◽  
Foreign Market ◽  
The Other ◽  
Firm Age ◽  
Export Intensity ◽  
Factors Affecting ◽  
Managerial Strategies ◽  
Potential Benefits ◽  
Main Factors

In an increasing globalized environment, the agrofood firms’ competitiveness becomes a strategic need for future survival. Recent changes both in agrofood markets and consumers’ habits have encouraged firms to adopt adequate managerial strategies. The objective of this paper is to determine main factors affecting the exporting behavior of the agro-food firms. Data come from the Survey on Firms Strategies (ESEE). To achieve this objective, a model has been specified and estimated taking into account the characteristics of the database. The personnel qualification, the existence of foreign capital, the existence of potential benefits in foreign market and the firm’ age are the main factors explaining the agrofood firm decision to export. On the other hand, variables denoting firm size and domestic market concentration and saturation are more important to explain export intensity.

scholarly journals The biologically relevant unit for the analysis of short-term feeding behaviour of dairy cows

2000 ◽  
Vol 2000 ◽  
pp. 3-3
Author(s):  
D.P.N. Schweitzer ◽  
B.J. Tolkamp ◽  
I. Kyriazakis
Keyword(s):  
Dairy Cows ◽  
Feeding Behaviour ◽  
Gradual Increase ◽  
Daily Intake ◽  
Feed Consumption ◽  
Short Term ◽  
Biologically Relevant ◽  
Feeding Motivation ◽  
A New Technique ◽  
Log Normal

Study of short-term feeding behaviour (STFB) could improve the understanding of variation in daily intake in dairy cows. STFB is generally measured in short bouts (e.g. visits to feeders) that are clustered in larger bouts (or meals). The value of bout analysis depends strongly on the choice of an appropriate bout. Before bouts can be grouped into meals, a meal criterion (MC, that is: the longest non-feeding interval accepted as part of a meal) must be estimated. Tolkamp and Kyriazakis (1999) criticised existing methods and recently developed a new technique to estimate meal criteria. These log-normal models were developed on basis of the idea that eating bouts end when animals are satiated (i.e., in a state of low feeding motivation) (Tolkamp and Kyriazakis, 1999). This implies that feed consumption during the relevant eating bout will result in a gradual increase in satiety. This will be associated with an increase in the probability of cows ending a bout. In this study we will analyse whether meals are a more biologically relevant unit of STFB than the short feeding bouts (i.e. visits) that are routinely recorded.

scholarly journals Stepfamilies

1998 ◽  
Vol 4 (1) ◽  
pp. 10-16
Author(s):  
Gill Gorell Barnes
Keyword(s):  
Young Adults ◽  
Family Life ◽  
Growing Up ◽  
Current Trends ◽  
If Current ◽  
Children And Young Adults ◽  
The One ◽  
Year 2000

Family life in Britain is changing daily to include more stepfamilies, which have widely differing structures with varying histories, losses, transitions and economic circumstances. Of the one in five children who currently experience separation before they are 16, over half will live in a stepfamily at some point in their lives. Of the 150 000 couples with children who divorced each year at the end of the 1980s, a further 35 000 had a subsequent divorce. For some children we need to think of step-parenting within wider processes of transition, which include relationship changes of many kinds. The National Stepfamily Association have calculated that if current trends of divorce, cohabitation, remarriage and birth continue, there will be around 2.5 million children and young adults growing up in a stepfamily by the year 2000. The true pattern of re-ordering of partnership and family life is hard to chart, since many couples second or third time around prefer to cohabit rather than to marry.

Economic reform will falter with new Turkish cabinet

2015 ◽  
Keyword(s):  
Monetary Policy ◽  
Economic Reform ◽  
Prime Minister ◽  
Job Creation ◽  
Domestic Demand ◽  
Election Campaign ◽  
Short Term ◽  
Content Type ◽  
Political Risks ◽  
Financial Difficulties

Significance Presenting his government's programme on November 25, Prime Minister Ahmet Davutoglu promised to keep his election campaign pledges, complete major infrastructure projects, maintain fiscal stability and implement structural change. Impacts Domestic demand will strengthen in the short term. However, firms in labour intensive sectors may face financial difficulties, and new job creation may be slow. Currency and capital markets are likely to remain volatile and overreact to trends in monetary policy and the current account. Opportunities exist for those investors able to tap into the government's priorities and avoid political risks.

Greece will rely more on gas as transition fuel

2020 ◽  
Keyword(s):  
Eastern Mediterranean ◽  
The United States ◽  
Domestic Demand ◽  
Energy Market ◽  
Short Term ◽  
Content Type ◽  
The Past ◽  
Strategic Trade ◽  
Domestic Energy ◽  
The Eu

Significance Over the past few months, the new Greek government under the leadership of Kyriakos Mitsotakis has demonstrated both its commitment to reforming the domestic energy market and its ability to engage regional partners in a dialogue on cooperation in energy policy. Its ambitious plan to transform Greece into a regional natural gas hub got off to a good start in 2020 with the signing of the landmark international Eastern Mediterranean (EastMed) pipeline agreement on January 3. Impacts If the economy recovers as expected, particularly industry, it should boost domestic demand for gas. In the short term, Greek reliance on Russian gas imports is expected to remain high. Rising volumes of US LNG imports will appease the United States, a strategic trade and military partner of the EU. Greece will strive to position itself as prominent LNG bunkering location in the Eastern Mediterranean.

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