Czech Republic: Selected Issues Paper

March 4, 2010

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Format: Chicago

Czech Republic: Selected Issues Paper, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

This 2010 Article IV Consultation discusses Czech Republic’s economic condition. The Czech economy’s fundamentals were strong prior to the global economic and financial crisis. However, owing to its highly open nature, the economy was hit by spillover effects. A downturn in the euro area depressed exports while investment declined owing to a drop in FDI and the tightening of banks’ lending standards. Monetary and fiscal easing provided helpful stimulus, thereby cushioning the economic downturn.

Subject: Expenditure, Health care, Health care spending, Labor, Pension spending, Pensions, Potential output, Production, Production growth

Keywords: Central and Eastern Europe, CR, Europe, FDI, FDI inflow, Global, Health care spending, ISCR, Mv approach, Mv method, Output gap, Output growth, Output series, Pension spending, Pensions, Potential output, Production growth, Smoothing technique, TFP time series

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/059
Stock No:

1CZEEA2010001
ISBN:

9781451943207
ISSN:

1934-7685

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