February 2008
Emerging Europe Monitor: Central Europe & Baltic States;Feb2008, Vol. 15 Issue 2, p6
Country Report
The article presents information on political, economic risks, and the business environment of the Czeck Republic. A deadlock in parliament caused by the quashing of the January 19, 2007 and December 5, 2007 no confidence votes against the Civic Democrat led coalition government, is expected to result to another round of voting. Decreased lending from international banks and increased interest rates are reportedly becoming a great problem. New construction projects will further increase due to the ongoing economic growth.


Related Articles

  • Ghana: Key Views For 2009.  // Emerging Markets Monitor;12/22/2008, Vol. 14 Issue 36, p20 

    The article reports on the economic outlook for Ghana in 2009. The entry notes that the Ghanaian cedi depreciated to GHS1.2480/US$ on December 18, 2008, and may reach GHS1.4000/US$ by the end of 2009 as a result of poor commodity earnings and weak investment inflows. Analysts also forecast...

  • FOMC May 3 Minutes: Keep Measured Pace. Ferris, Craig T. // Bond Buyer;5/25/2005, Vol. 352 Issue 32140, p2 

    This article focuses on Federal Open Market Committee (FOMC) meeting held on May 3, 2005 related to increase in inflation rate. The committee after considerable discussion agreed to retain its forward-looking language on future action on interest rates. That language has said that monetary...

  • Peru: BCRP To Wait Then Cut.  // Emerging Markets Monitor;1/12/2009, Vol. 14 Issue 38, p11 

    The article discusses an economic outlook for Peru for 2009. It is noted that monetary easing will continue in the country, with consumer price inflation in 2008 at 6.7 percent. It is forecasted that an inflection point in headline inflation will be awaited by the Banco Central de Reserva del...

  • Russian Reform Revisited. Turgeon, Lynn // Challenge (05775132);Jul/Aug94, Vol. 37 Issue 4, p57 

    This article focuses on real interest rates in Russia. It is true that negative real inter- est rates were common in all non-capitalist countries, with few exceptions. exceptions. One exception was the period from 1947-54 in the Soviet Union, when the price level fell by roughly 50 percent at...

  • Covered Interest Rate Arbitrage in the Interwar Period and the Keynes-Einzig Conjecture. PEEL, DAVID A.; TAYLOR, MARK P. // Journal of Money, Credit & Banking (Ohio State University Press);Feb2002, Vol. 34 Issue 1, p51 

    In the Tract on Monetary Reform, Keynes (1923) conjectured that deviations from covered interest rate parity would not be arbitraged unless a profit of at least a half of one percent on an annualized basis was available, and that larger deviations would still be moderately persistent because of...

  • The Option to Wait to Invest and Equilibrium Credit Rationing. LENSINK, ROBERT; STERKEN, ELMER // Journal of Money, Credit & Banking (Ohio State University Press);Feb2002, Vol. 34 Issue 1, p221 

    Stiglitz and Weiss (1981) show that firms considering risky projects have higher reservation interest rates and hence it is optimal for a bank to reduce loan supply. In this note we show that when the risk involved in an investment will be resolved in the future, investors with riskier projects...

  • Is Money an Omitted Variable in the Production Function? Some Further Results. Hasan, M. Aynul; Mahmud, Syed F. // Empirical Economics;1993, Vol. 18 Issue 3, p431 

    In recent years, numerous studies have emphasized the role of real balances in the production function in terms of money being useful: as an intermediate good; as liquid reserves for investment; and also serving as a link between aggregate supply and the nominal interest rate. In this paper we...

  • Why Interest Rates Will Not Soar.  // Asia Monitor: China & North East Asia Monitor;Aug2004, Vol. 11 Issue 8, p10 

    Interest rates in South Korea are unlikely to rise sharply during the next few months. The central bank, the Bank of Korea, will respond to simmering inflation by tightening monetary policy gradually rather than rapidly. The Bank of Korea's key interest rate, the overnight call rate, which was...

  • On the computation of a formula for the duration of a bond that yields precise results. Osborne, Michael J. // Quarterly Review of Economics & Finance;Feb2005, Vol. 45 Issue 1, p161 

    In fixed income analysis it is known that the various measures of interest rate sensitivity (duration) yield approximate results. Even with the addition of concepts like convexity, the results remain approximations. This paper summarizes a new approach based on the fact that the time value of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics