Czech Republic : 2006 Article IV Consultation - Staff Report and Public Information Notice on the Executive Board Discussion
ISBN: 9781452716572
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Economics; Business/ Management;

This 2006 Article IV Consultation highlights that economic performance of the Czech Republic strengthened during 2005-06, supported by the expanding capacity of the export-oriented automotive sector and a cyclical recovery in the European Union. The momentum of growth has been underpinned by strong productivity gains, leading to a surge in exports and further investment in the tradable goods sector. The koruna strengthened, helping to keep inflation down. Growth is projected to remain robust in 2007-08, although its momentum will slow as the effects of the recent export capacity expansion unwind.


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