Czech Republic: Selected Issues Paper

Publication Date:

March 4, 2010

Electronic Access:

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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.

Series:

Country Report No. 2010/059

Subject:

English

Publication Date:

March 4, 2010

ISBN/ISSN:

9781451943207/1934-7685

Stock No:

1CZEEA2010001

Pages:

29

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