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History of Czech Republic
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Regions
 
The Czech Republic consists of 13 regions (kraje, singular - kraj) and one capital city (hlavní město), marked by a *:

 Region Capital
 Prague* (Praha)  
 Central Bohemian Region (Středočeský kraj) its offices are located in Prague (Praha)
 South Bohemian Region (Jihočeský kraj) České Budějovice
 Plzeň Region (Plzeňský kraj) Plzeň
 Carlsbad Region (Karlovarský kraj) Karlovy Vary (Carlsbad)
 Ústí nad Labem Region (Ústecký kraj) Ústí nad Labem
 Liberec Region (Liberecký kraj) Liberec
 Hradec Králové Region (Královéhradecký kraj) Hradec Králové
 Pardubice Region (Pardubický kraj) Pardubice
 Olomouc Region (Olomoucký kraj) Olomouc
 Moravian-Silesian Region (Moravskoslezský kraj) Ostrava
 South Moravian Region (Jihomoravský kraj) Brno
 Zlín Region (Zlínský kraj) Zlín
 Vysočina Region (Vysočina) Jihlava
 
Economy
 
One of the most stable and prosperous of the post-Communist states, the Czech Republic has been recovering from recession since mid-1999. Growth in 2000-2001 was led by exports to the European Union, especially Germany, and foreign investment, while domestic demand is reviving. The rate of corruption remains one of the highest among OECD countries.

Uncomfortably high fiscal and current account deficits could be future problems.

Moves to complete banking, telecommunications, and energy privatisation will add to foreign investment, while intensified restructuring among large enterprises and banks and improvements in the financial sector should strengthen output growth.



 

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