The Czech Republic Is On the Way To Become a Fully Developed Economy

In 2015, the Czech GDP per capita amounted to over $17,000 and was the third highest in emerging Europe, after Slovenia and Estonia. Now the country has the second lowest unemployment rate in the European Union, with 4.2 per cent in July 2016, but the economy faces its own challenges. 

Jan Mládek, Minister of Industry and Trade of the Czech Republic, spoke to Emerging Europe, about the advances the country has to make to become a fully developed economy.

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