Czech Republic

Czech Republic PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1999-09-03

Total Pages: 70

ISBN-13: 1451810024

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This Selected Issues paper on the Czech Republic discusses issues relating to the enterprise sector and corporate governance. This includes an overview and assessment of enterprise performance along with a discussion of the concept of corporate governance and its application in the Czech Republic, including how corporate governance practices compare in an international context. The paper discusses issues related to financial sector performance and restructuring. It also takes stock of banking sector developments and performance and reviews financial policy and supervisory challenges, including the definition of policies for bank privatization and the appropriate prudential framework.

Czech Republic

Czech Republic PDF

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2024-01-30

Total Pages: 12

ISBN-13:

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Czech Republic: Selected Issues

Czech Republic

Czech Republic PDF

Author: International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Published: 2013-08-02

Total Pages: 0

ISBN-13: 9781484317563

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This Selected Issues paper analyzes the fiscal strength of the economy of the Czech Republic. Fiscal policy in the Czech Republic has shown a procyclical bias temporarily interrupted during the crisis years. The large stimulus implemented has been more than compensated by a frontloaded adjustment. However, the fiscal framework could be improved to increase transparency, predictability, and credibility of policy and minimize the procyclical bias. This could be achieved by incorporating, among other things, a simple and credible rule with a medium-term fiscal anchor set in structural terms.

Czech Republic

Czech Republic PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2010-03-04

Total Pages: 31

ISBN-13: 1451990197

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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.

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