Download or read book Czech Republic written by International Monetary Fund Staff and published by . This book was released on 2001 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dated July 2001.
Download or read book Czech Republic 2001 Article IV Consultation written by and published by . This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic 2001 Article IV Consultation Staff Report Staff Supplement Public Information Notice on the Executive Board Discussion and Statement by the Authorities of the Czech Republic written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2001-07-25 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: After three years of recession, the economy grew by 2.9 percent in 2000, supported by a revival of investment in primarily foreign-owned firms and a modest increase in household consumption. Against the background of a still nascent recovery, fiscal policy was expansionary in 2000, with the general government deficit (excluding privatization receipts and bank restructuring costs) increasing by nearly 1 percentage point to 4.1 percent of GDP. Executive Directors noted that flexibility in the conduct of monetary policy is key to ensuring that inflation remains under control.
Download or read book Czech Republic Staff Report for the Article IV Consultation written by and published by . This book was released on 2004 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic 2005 Article IV Consultation Staff Report and Public Information Notice on the Executive Board Discussion written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-08-09 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 Article IV Consultation highlights that recent accession to the European Union and gains in growth performance reinforced the Czech Republic’s position as one of the most open and developed economies among the new member states. Thanks to substantial foreign direct investment, its manufacturing sector is closely integrated into cross-border production networks, and foreign-owned firms now account for most of industrial exports. Banking sector indicators are positive, and bank lending—led by credit to households—continue to rebound. Past restructuring and improved risk management have also strengthened banks.
Download or read book Czech Republic Staff Report for the Article IV Consultation written by and published by . This book was released on 2008 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Slovak Republic written by International Monetary Fund Staff and published by . This book was released on 2001 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dated August 2001.
Download or read book Czech Republic 2005 Article IV Consultation written by and published by . This book was released on 2005 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-03-04 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key findings of the Czech Republic’s 2010 Article IV Consultation are discussed. Large foreign direct investment inflows fostered trade integration, underpinning an export-led expansion. Higher initial standard of living contained consumption convergence pressures. An improved fiscal performance contributed to the comfortable external position. This, combined with credible inflation targeting, resulted in generally low inflation and interest rates. A liquid and conservative banking sector limited the build-up of balance sheet vulnerabilities.
Download or read book Czech Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-07-24 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy is growing strongly on account of improving domestic demand and robust exports. Fiscal policy has been supportive of the recovery and the authorities’ medium-term fiscal objective is appropriate, but fiscal framework legislation that would anchor policy is yet to be approved. The central bank’s use of an exchange rate floor as an additional instrument to achieve its inflation objective, in the context of the inflation- targeting framework, has helped stem deflationary pressures, but inflation is still well below target. The financial system is sound and resilient to shocks. The challenge for the authorities is to safeguard macroeconomic stability and create conditions for strong and sustainable growth. Policy recommendations. • Fiscal policy. Maintain a supportive fiscal stance this year, but embark on a modest and very gradual fiscal consolidation thereafter, consistent with the medium-term deficit objective. Embed this objective in a comprehensive framework to enhance its effectiveness in anchoring fiscal policy. Improve budget composition, with higher capital spending to address infrastructure needs offset by efficiency gains in current expenditure and improved revenue administration. • Monetary policy. Continue to focus on inflation targeting in policymaking and communication, and maintain supportive monetary conditions until deflation risks recede and inflation expectations become entrenched around the inflation target. Consider carefully the timing and mechanics of the eventual normalization of monetary policy. • Financial sector. Remain vigilant and be ready to address possible risks to financial stability. • Structural reforms. Remove impediments to higher potential growth, including through policies to increase labor market participation of certain segments of the population, enhance investment in human and physical capital, and improve the business climate.
Download or read book Czech Republic written by Fondo Monetario Internacional and published by . This book was released on 2004 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2024-01-30 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth slowed considerably following Russia’s invasion of Ukraine, reflecting disruptions in global value chains, significant increases in energy and commodity prices, an erosion in real wages, and a necessary tightening in monetary policy. Growth is expected to pick up in 2024, led by consumption and fixed investment—as inflation fades and real income recovers—supported by net exports. Nevertheless, over the medium term, GDP is not expected to reach the levels consistent with its pre-pandemic trend. Inflation peaked in 2022 and is projected to meet its target by early 2025. Risks are tilted to the downside for activity and to the upside for inflation.
Download or read book Czech Republic written by International Monetary Fund and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic written by and published by . This book was released on 2004 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-08-07 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 Article IV Consultations highlights that following a period of inaction on the structural front and a protracted recession, economic growth in the Czech Republic has picked up. Underlying this performance have been supportive macroeconomic policies, large foreign direct investment, and steady progress with structural reform. However, enterprise restructuring has led to rising structural unemployment and large regional disparities in unemployment rates. Sizable losses were accumulated by banks, which had to be transferred to the government to allow the banks to be sold to strategic investors, adding to medium-term fiscal pressures.
Download or read book Czech Republic written by Juha Kähkönen and published by . This book was released on 2010 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Czech Republic written by and published by . This book was released on 2009 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
