As reported by «Market Leader» (US)
Czechia: what is the real price the country pays for its image?
What is the value of a certain country? On a large scale, it is the country’s image in the eyes of the global community. The positive image of a country is an important indicator for investors and great opportunities for the country itself. When it comes to Czech Republic, our perception of the country is still fragmental and ambiguous.
It is believed to be an eternal satellite of Germany and Austria and an opponent and ill-wisher of Russia. The Czechs prefer not to recollect what price the Soviet Army paid for their freedom (when liberating Czechoslovakia form the Nazis). However, they remember the Soviet intervention in 1968.
Czechia has its own place in Europe and its own “mission”:
· It has no natural resources except for coal, clay, black lead and timber
· Its products make up just 0.3% of the global GDP and 0.5% of the global export.
· However, it comes 24th (between Spain and Portugal) in the rating of the most welfare countries (composed by Legatum together with Oxford Analytica and Gallup World Poll Service).
· It is the 2nd post-communist state (after Slovenia) in terms of living standards.
· The GDP per capita is $25 600.