Czech Republic: Selected Background Studies

September 14, 1995

Summary

This paper examines a few selected aspects of adjustment and restructuring in the Czech enterprise sector. It examines financial performance of the Czech enterprise sector, drawing on data reported by nonfinancial enterprises to the Czech Statistical Office (CSO) in 1993. The findings reveal that significant progress has been made in the nonfinancial aspects of adjustment, but a large part of the enterprise sector has been slow to adopt measures to achieve sustainable financial viability.

Subject: Banking, Expenditure, Financial institutions, Labor, Labor share, Loans, Pension spending, Taxes, Value-added tax, Wages

Keywords: Central and Eastern Europe, CNB bill, CNB sterilization operation, CR, Eastern Europe, enterprise sector, ISCR, Labor share, Loans, loss-making enterprise, Pension spending, rate, replacement rate, Value-added tax, VAT, VAT system, wage, Wages

Pages:
124
Volume:
1995
DOI:
https://doi.org/10.5089/9781451809992.002
Issue:
085
Series:
Country Report No. 1995/085
Stock No:
1CZEEA0011995
ISBN:
9781451809992
ISSN:
1934-7685

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Notes

This report on selected background studies in the Czech Republic was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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