Economic Development

According to April survey 58 % of Czechs are concerned with the situation regarding present world financial crisis, 40 % do not care about it. 83 % expect negative impact of crisis to economic development in the Czech Republic, 62 % of Czechs are convinced the financial crisis will affect their personal situation or the situation of their households. 57 % see the reaction of Czech government to present situation as bad, 24 % expressed opposite meaning.

In March citizens of Czech Republic, Hungary, Poland and Slovakia were similarly asked whether the world financial crisis influenced or shall influence them with their families, their jobs and whole national economy of their respective countries. Surveys in Czech Republic, Hungary and Poland contained also a question concerning eventual replacement of national currencies with euro.

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According to February 2009 survey 8 % of citizens regard taxation on high-income earners as high, 18 % say it is adequate and 62 % think it is low. Taxation on average-income earners is considered to be high by 38 % of respondents, adequate by 49 % and low by 3 % of citizens. Taxation on low-income earners was supposed to be high by 68 %, adequate by 19 % and low by 3 %. 72 % of respondents think that tax rate should be higher for high-income earners than for low-income earners.

The current economic level of the Czech Republic is seen rather positive (64%) than negative (35%). In comparison to other nine countries included in the survey, the Czech Republic took the third place ahead of all post-socialist countries; the first and second position is occupied by Germany and Austria. Compared to the previous survey in January 2008, the evaluation of the economic level of the Czech Republic has not changed.

According to January regular survey, 58 % of Czechs are convinced the financial crisis will affect their personal situation or the situation of their households, 29 % have opposite expectations. Two thirds (67%) of population are interested in course of events connected with the financial crisis and 85 % expect negative impact of crisis to economic development of the Czech Republic. One quarter of population (26%) thinks, the response of Czech government to the crisis is good, 45 % consider it as bad, and 29 % do not know.

In January 2009 CVVM investigated, how Czech citizens evaluate material living conditions of their households and economic situation in the Czech republic, as well. Comapred to previous years the expectations towards the future economic situation are skeptical. 81 % of informants (the highest result ever - 2nd highest was 50 % in january 2004) thought that the economic situation of the Czech republic would get worse in the next year and 49 % were afraid about the future economic situation of their households.

According to December survey 58 % of Czechs are concerned with the situation regarding present world financial crisis, 41 % do not care about it. 78 % expect negative impact of crisis to economic development in the Czech Republic. 40 % see the reaction of Czech government to present situation as bad, 28 % expressed opposite meaning. 61 % would support state’s financial bailout to firms in danger of breakdown caused by crisis.

In June 2008 CVVM investigated, how Czech citizens evaluate material living conditions of their households and economic situation in our country, as well. Survey on this theme was also carried out in Poland, Hungary and Slovakia.

9 % of citizens regard taxation on high-income earners as high, 20 % say it is adequate and 61 % think it is low. Taxation on average-income earners is considered to be high by 47 % of respondents, adequate by 42 % and low by 4 % of citizens. Taxation on low-income earners was supposed to be high by 72 %, adequate by 18 % and low by 3 %. 75 % of respondents think that tax rate should be higher for high-income earners than for low-income earners.

As a part of June survey CVVM used some questions concerning current evaluation and expectation of near future development of country's economic situation and material living conditions of households. Within CEORG organization similar surveys are also regularly realized in Poland, Hungary and Slovakia. This press information offers comparison of their basic results.

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