Czech Republic Staff Report for the 2011 Article IV Consultation

The Czech economy has rebounded from the downturn owing to its strong fundamentals and the global recovery. Domestic demand has become self-sustaining since mid-2010. Fixed investment grew moderately in the second half of 2010, mostly on account of one-off factors. GDP has grown by 2.3 percent in 20...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 58 pages 
651 4 |a Czech Republic 
653 |a Fiscal stance 
653 |a Economic & financial crises & disasters 
653 |a Depository Institutions 
653 |a Inflation 
653 |a Public debt 
653 |a Banks 
653 |a Financial crises 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Output gap 
653 |a Debt Management 
653 |a Debts, Public 
653 |a Fiscal Policy 
653 |a Micro Finance Institutions 
653 |a Production 
653 |a Debt 
653 |a Fiscal policy 
653 |a Mortgages 
653 |a Production; Economic theory 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Sovereign Debt 
653 |a Macroeconomics: Production 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Macroeconomics 
653 |a Banking 
653 |a Financial Risk Management 
653 |a Public Finance 
653 |a Financial Crises 
653 |a Production and Operations Management 
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520 |a The Czech economy has rebounded from the downturn owing to its strong fundamentals and the global recovery. Domestic demand has become self-sustaining since mid-2010. Fixed investment grew moderately in the second half of 2010, mostly on account of one-off factors. GDP has grown by 2.3 percent in 2010. Despite accommodative monetary policy, inflation pressures remained subdued until the recent surge in commodity prices. The virtually foreign-owned banking system has been stable throughout the crisis. Fiscal consolidation has commenced in 2010 and helped yield significant credibility gains