Czech Republic: Staff Report for the 2010 Article IV Consultation
Electronic Access:
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Summary:
The key findings of the Czech Republic’s 2010 Article IV Consultation are discussed. Large foreign direct investment inflows fostered trade integration, underpinning an export-led expansion. Higher initial standard of living contained consumption convergence pressures. An improved fiscal performance contributed to the comfortable external position. This, combined with credible inflation targeting, resulted in generally low inflation and interest rates. A liquid and conservative banking sector limited the build-up of balance sheet vulnerabilities.
Series:
Country Report No. 2010/060
Subject:
Banking Expenditure Fiscal consolidation Fiscal policy Fiscal stance Pension spending Public debt
English
Publication Date:
March 4, 2010
ISBN/ISSN:
9781451943238/1934-7685
Stock No:
1CZEEA2010002
Pages:
58
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