Czech Republic : Staff Report for the 2006 Article IV Consultation.

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...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Staff Country Reports; Country Report ; No. 2007/084
Online Access:Full text available on IMF
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520 3 |a 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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