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KEY
FIGURES
Political
system: Parliamentary democracy
Area: 78,886 sq.km
Population:
10,304,302
Population density: 131 inhabitants/sq. km
Unemployment:
9%
GDP = 103,9% (2001 2nd quarter)
CPI = 106,1 % (2000)
Inflation: 3,8% (2000)
Currency: Czech crown 1 USD = 40.2 CZK
Major
cities (population)
Prague 1.181.126
Olomouc 102.702
Brno 381.862
Liberec 99.155
Ostrava 320.041
Ceské Budejovice 98.186
Plzen 166.759
Hradec Králové 98.080
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General facts
- Czech Republic
(Ceska Rebulika)
- Parliamentary
democracy
- Constitution:
- Raified at 16 December 1992
- Effective 1 January 1993
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Government
- Prime Minister:
Milos Zeman (since 17 July 1998)
- Chief of
state: President Vaclav Havel (since 2 February 1993)
- Deputy Prime
Ministers:
Vladimir Spidla (since 17 July 1998)
Pavel Rychetsky (since 17 July 1998)
Panel Mertlik (since 17 July 1998)
Jan Kazan (since 8 December 1999)
- Cabinet:
appointed by the president on the recommendation of the Prime
Minister
- Cabinet
election:
President elected by Parliament for a five-year term
Election last held 20 January 1998 (next to be held January 2003)
Prime Minister elected by the President
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Legislatives
- Legislative
branch: Bicameral Parliament (Parlament) consist of:
Senate (Senat): members are elected by popular vote
for two, four,- and six year terms; 81 seats
Chamber of Deputies (Poslanecka Snemova): members are
lected by populat vote to serve four-year terms
- Legsilative
branch election:
Senate: last held November 2000 (replace/reelect 20 senators)
Chamber of Deputies: last held June 1998 (next to be held
June 2002)
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Legislative
branch election results:
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Political
Parties
- Political
Parties and leaders:
KDU-CSL (Christian
Democratic Union-Czechoslovak People’s Party)
Chairman: Jan Kasal
US (Freedom Union)
Chairman: Karel Kuehul
ODA (Civic Democratic Alliance)
Chairman: Daniel Kroupa
DEU (Democratic Union)
Chairman: Ratibor Majzlik
SPR-RSC (Assembly for the Republic)
Chairman: Miroslav Sladek
ODS (Civic Democratic Party)
Chairman: Vaclav Klaus
KSCM (Communist Party of Bohemia and Moravia)
Chairman: Miroslav Grebenicek
CSSD (Czech Social Democrats)
Chairman: Milos Zeman
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Macroeconomic
indicators
- Reforms
of May 1997 (banking, capital market, bank privatization, investment
environment) delivered results only in 2000
- Due to price
deregulation and high oil prices, headline inflation almost doubled
in 2000, and reached 4 per cent year on year in December 2000.
- Nominal
wages grew faster than inflation, although well below productivity
growth, an important factor that helped keep inflation under control
- The sharp
increase in FDI that started during 1998 and continued 2000 is
largely attributed to the introduction of investment incentives
for both foreign and domestic investors
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Economic development
In
the last four years of economic development we can see:
- inflation
slightly increasing
- GDP shows
a positive growth in the last 2 years
- Unemployment
rate shows reduction
- Exchange
rate is growing
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1998
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1999
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2000
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2001
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| Inflation
(%) |
8,8%
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2,15%
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3,93%
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4,49%
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| GDP
change (%) |
-1,65%
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-0,50%
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2,59%
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3,61%
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| Unemployment |
7,48%
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9,37%
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8,30%
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8,00%
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| Exchange
rate (Kc/DEM) |
31,85
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35,40
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38,15
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37,84
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| Direct
foreign investments (in USD bn) |
3,71
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6,32
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4,59
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.n.a
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2010. Szeptember 5.
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