Czech Republic : Staff Report for the 2011 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

April 7, 2011

Electronic Access:

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Summary:

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.

Series:

Country Report No. 11/83

Subject:

English

Publication Date:

April 7, 2011

ISBN/ISSN:

9781455232109/1934-7685

Stock No:

1CZEEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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