Investment stimulation -- possible negative consequences and system of investment incentives in the Czech republic

The importance of investment in economy is undisputable. For that reason the programs supporting investments represent the firm part of economic policy with the goal to influence the flow of capital investments. The topic of frequent discussions is the support of capital investments in the form of investment incentives, especially the purposeful providing of incentives and their effect on economic indicators. Purpose of this work is not only to draw the attention to the negative consequences, which could occure due to granting of investment incentives but also to provide the impartial view on the state of economy in the Czech Republic