Czech Republic: Selected Issues

January 28, 2008

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Format: Chicago

Czech Republic: Selected Issues, (USA: International Monetary Fund, 2008) accessed September 23, 2024

Summary

This paper reviews the fiscal reform of the Czech Republic, its key reform measures, and structural implications. The study also focuses on key challenges and demographic pressures facing the Czech economy, and describes the analytical framework of Global Fiscal Model (GFM) with technical details. It analyzes tax and expenditure measures and implications of additional measures for fiscal consolidation on debt sustainability. It reviews the formulation of the Czech National Bank (CNB) and also the Global Integrated Monetary and Fiscal Model (GIMF) to analyze monetary policy challenges lying ahead and the targets for reducing inflation.

Subject: Corporate income tax, Income, Labor, National accounts, Personal income, Social security contributions, Taxes, Wages

Keywords: Central and Eastern Europe, Corporate income tax, CR, Debt sustainability, Deficit, Expenditure, GDP, GDP deficit, Global, Income, Inflation adjustment, Inflation pressure, Inflation target, ISCR, Labor market, Monetary policy, Personal income, Social security contributions, Tax, Wages, Western Europe

Publication Details

Pages:

114
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/040
Stock No:

1CZEEA2008002
ISBN:

9781451810271
ISSN:

1934-7685

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