Economy of The Czech Republic

Economy Of The Czech Republic

Of the emerging democracies in central and eastern Europe, the Czech Republic has one of the most developed industrialized economies. It is one of the most stable and prosperous of the post-Communist states of Central and Eastern Europe. GDP per capita at purchasing power parity was $27,100 in 2011, which is 85% of the EU average.

The principal industries are heavy and general machine-building, iron and steel production, metalworking, chemical production, electronics, transportation equipment, textiles, glass, brewing, china, ceramics, and pharmaceuticals. Its main agricultural products are sugarbeets, fodder roots, potatoes, wheat, and hops.

Read more about Economy Of The Czech Republic:  History, Energy, Statistical Indicators, Background, Trade and Finance, Energy (production and Consumption), IT and Telecommunications

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    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    I’m neither Czech nor Slovak ... I’m still trying to figure out who I am. I think I’m Jewish. But first I want to be human.
    Natasha Dudinska (b. c. 1967)

    Jean Jacques Rousseau ... is nothing but a fool in my eyes when he takes it upon himself to criticise society; he did not understand it, and approached it with the heart of an upstart flunkey.... For all his preaching a Republic and the overthrow of monarchical titles, the upstart is mad with joy if a Duke alters the course of his after-dinner stroll to accompany one of his friends.
    Stendhal [Marie Henri Beyle] (1783–1842)