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Czech Republic: Selected Issues Paper

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2010. "Czech Republic: Selected Issues Paper," IMF Staff Country Reports 2010/059, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/059
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    References listed on IDEAS

    as
    1. Miguel St. Aubyn & álvaro Pina & Filomena Garcia & Joana Pais, 2009. "Study on the efficiency and effectiveness of public spending on tertiary education," European Economy - Economic Papers 2008 - 2015 390, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Mr. Thomas Dalsgaard, 2008. "Tax and Welfare Reforms in the Czech Republic—Structural Implications and Challenges," IMF Working Papers 2008/052, International Monetary Fund.
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