Impact of the COVID-19 Pandemic on Labour Productivity and Business Activity in the Czech Republic
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| Year of publication | 2023 |
| Type | Chapter of a book |
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| Description | The COVID-19 pandemic crisis has been associated with a range of challenges for society, the economy, and business in particular. This chapter assesses how Czech companies dealt with the COVID-19 crisis at the beginning of the pandemic and how this crisis impacted labour productivity in select sectors of the Czech economy. In the literature concerning the Czech Republic, we can find analyses of the impact of COVID-19 on the economy of the Czech Republic, the social impact analysis of COVID-19 and analysis of the impact of COVID-19 on various economic sectors, especially heavily affected ones such as tourism, fashion or the automotive industry. The impact of the COVID-19 pandemic on labour productivity and the unemployment rate is ambiguous, due to the different impacts of the pandemic on different sectors of the economy, and due to the role of the remote work. |