Author: International Monetary Fund. IMF.
Publisher:
ISBN:
Category :
Languages : en
Pages : 54

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Book Description

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451810059
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
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.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452724644
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
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.

Author:
Publisher:
ISBN:
Category : Czech Republic
Languages : en
Pages : 54

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Book Description

Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451810042
Category :
Languages : en
Pages : 63

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Book Description
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.

Author: International Monetary Fund
Publisher:
ISBN:
Category : Czech Republic
Languages : en
Pages : 53

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Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 50

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Author: International Monetary Fund
Publisher:
ISBN:
Category : Czech Republic
Languages : en
Pages : 0

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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452720606
Category : Business & Economics
Languages : en
Pages : 55

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Book Description
The Czech economy has turned in a solid performance, and the medium-term prospects are good. The short-term outlook is positive, although downside risks are significant The outlook for low underlying inflation leaves scope for monetary policy to continue to support growth. The government's resolve to address the deterioration in the fiscal accounts has been commended. The challenge now is to implement the proposals and prepare for medium-term output. Redressing shortcomings of the judicial and legal systems is the top priority for structural reform.