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Introduction

Publication at Faculty of Social Sciences, Faculty of Mathematics and Physics, Centre for Economic Research and Graduate Education |
2011

Abstract

The Framework of the Competitiveness Strategy and Starting Points by NERV (National Economic Council of the Czech Government) is an analytical document investigating the fundamental factors, which influence the position of Czech Republic in the global markets. The aim of this analysis is to evaluate with use of "hard" data the position of Czech Republic when compared with other countries.

The target of the analysis is both to investigate the factors of price and non-price competitiveness and later elaborate more in detail selected factors, in which Czech Republic lags behind other developed countries and which are under the sphere of its influence, and propose measures to improve the situation. For the elaboration of the analysis a variety of data sources were deployed, including international trade database of the UN, Czech Statistical Office database, Eurostat, CzechTrade, OECD, Bloomberg, IMF, as well as the indices of World Economic Forum and World Bank etc.