The World Bank’s Czech Capital Market Assessment

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A Strategy for a ‘Top Tier’ Capital Market?
Disappointingly, publication of the World Bank’s detailed assessment of the Czech Capital Market has been greeted with deafening silence. The timing of the report’s publication[i], last September, just ahead of the general elections and more recent Presidential elections, undoubtedly didn’t help attract attention. That only the main recommendations, rather than the body of the report, were translated into Czech language probably didn’t help either. That is a pity because the World Bank’s report, which utilised input from market participants, provides not only a comprehensive overview of the Czech capital market but also gives numerous insights and constructive suggestions. In particular, how a ‘top tier’ capital market can be developed.

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