This article asks an interesting question: is the Czech economy becoming too dependent on the car indusrty?
Helena Horsk?, an economist at Raiffeisenbank, said a concentration of investment in one industrial sector could be dangerous. One of the biggest risks, she said, is that as the economy becomes more reliant on the automotive sector, ?the economy [as a whole] will suffer when the industry hits a downturn in the business cycle.?…….Raiffeisenbank?s Horsk? added that GDP, employment levels and even the crown would be hit if or when a downturn comes to the automotive sector.”
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