Suchergebnisse

Cover -- CONTENTS -- LABOR SUPPLY IN THE CZECH REPUBLIC: STOCKTAKING AND POLICIES -- A. Motivation -- B. Labor Supply Prospects: Baseline and Policy Scenarios -- C. An Analysis of Distortions Affecting Female Labor Force Participation -- D. Conclusions -- BOX -- 1. An Illustration of the Effect of the Non-Working Spouse Credit on Participation Incentives -- TABLE -- 1. Results from Policy Experiment -- References -- ANNEX -- I. Model Specifications -- LABOR PRODUCTIVITY IN THE CZECH REPUBLIC: STOCKTAKING AND POLICIES -- A. Motivation -- B. Sectoral Contributions to Labor Productivity -- C. Factor Contributions to Labor Productivity -- D. TFP Drivers: Factor Allocation and Technology Dispersion -- E. Future Issues -- F. Policy Implications -- References -- ANNEX -- I. Model Specifications.

Provides an overview of politics in the Czech Republic in 1999, highlighting election results & prominent issues. 2 Tables, 4 References.

Analyzes election results and cabinet changes in Czech Republic during 2004. Tables, References.

During the 19th-20th centuries, all types of forest use interfering with timber-oriented forestry were suppressed and were gradually replaced with highly standardized approach. The second half of the 20th century witnessed transfer of the remaining inactive coppices to high forest by the means of singling-out of the most dominant stems. Current revival of coppicing in the Czech Republic follows the development in western Europe. Relaxation of timber-oriented forestry and greater acknowledgement of ecological values of forests in the past two to three decades creates oppotunities for return of traditional management forms including coppicing.

Provides an overview of politics in Czech Republic in 2000, highlighting election results & national issues. 3 Tables. Adapted from the source document.

A review of political developments in the Czech Republic in 2003 opens with brief remarks on changes in Parliament & the cabinet. With respect to the referendum on Czech accession to the European Union, key questions centered on the loss of sovereignty & economic profitability; there was a 77% "Yes" vote in favor of accession. A rundown on the important political issues highlights the presidential election & public finance reform. 3 Tables. J. Zendejas

Cover -- CONTENTS -- CONTEXT -- BACKGROUND AND RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- POLICY DISCUSSIONS -- A. Anchoring Fiscal Policy -- B. Achieving the Inflation Target -- C. Safeguarding Financial Stability -- D. Boosting Potential Growth -- STAFF APPRAISAL -- BOXES -- 1. Response to Past Fund Policy Advice -- 2. Competitiveness Assessment -- 3. Efficiency of Public Spending -- 4. Gender Gaps in the Labor Market -- FIGURES -- 1. Macroeconomic Developments -- 2. Inflation -- 3. Financial Markets -- 4. Bank Lending -- 5. Fiscal Developments and Prospects -- 6. Competitiveness Indicators -- TABLES -- 1. Selected Economic Indicators, 2010-20 -- 2. Balance of Payments, 2010-20 -- 3. The Statement of Operations of General Government, 2010-20 (in billions of Koruny) -- 4. The Statement of Operations of General Government, 2010-20 (in percent of GDP) -- 5. Medium-Term Macroeconomic Scenario, 2010-20 -- 6. Financial Soundness Indicators -- 7. Monetary Indicators, 2007-14 -- APPENDICES -- I. Background Note on Drivers of Disinflation -- II. Debt Sustainability Analysis -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES.

The Czech Republic entered the transition process with a strong industrial heritage and an extensive, but obsolete infrastructure showing the effects of over 40 years of central planning. Throughout the nineties, the extensive reforms undertaken have helped reintegrate the Czech Republic into the global economy through measures such as privatisation and the creation of a favourable and liberal investment climate which has led to a surge in FDI in recent years in particular. The Czech Republic became a Member of the OECD in 1995. The Czech government is committed to addressing the need for furt

Cover -- CONTENTS -- RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- POLICY DISCUSSIONS -- A. Monetary Policy -- B. Credit, Real Estate, and Macroprudential Policy -- C. Financial Sector Policies -- D. Macro- and Structural-Fiscal Policy -- E. Governance -- STAFF APPRAISAL -- BOXES -- 1. The Importance of the Auto Sector -- FIGURES -- 1. Recent Growth -- 2. Capacity Constraints -- 3. Inflation -- 4. External Position and Competitiveness -- 5. Near-Term Growth Momentum -- 6. Credit Developments -- 7. Housing Sector -- 8. Financial Sector Developments -- 9. Fiscal Sector -- 10. Structural Issues -- TABLES -- 1. Selected Economic Indicators, 2014-24 -- 2. Balance of Payments, 2014-24 -- 3. General Government Operations, 2014-24 -- 4. Macroeconomic Framework, 2014-24 -- 5. Financial Soundness Indicators, 2012-18 -- ANNEXES -- I. External Sector Assessment -- II. Reconciling Wage and Price Inflation -- III. Assessing Labor Market Capacity -- IV. Risk Assessment Matrix -- V. Public Debt Sustainability Analysis -- VI. Implementation of the 2018 Article IV Key Recommendations -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES.

Cover -- CONTENTS -- MONETARY POLICY AFTER THE EXCHANGE RATE FLOOR EXIT -- A. Background -- B. Policy Objectives and Uncertainty -- C. Model and Benchmark Scenario -- D. Alternative Scenarios -- E. Minimizing Policy Errors -- F. Conclusion -- FIGURES -- 1. Benchmark Scenario -- 2. Higher Direct Pass-Through -- 3. Stronger Cost-Push (Pull) Effect -- 4. Stronger RER Trend Appreciation -- 5. Combined Shock -- 6. Monetary Policy is Ex-post Too Tight (Type II Policy Error) -- 7. Monetary Policy is Ex-post Too Loose (Type I Policy Error) -- ANNEX -- I. Model Specifications.

Ever-extending lifespans and low birth-rates (about 1.5 child per woman) contribute to the ageing of Czech society. By 2060, it is expected that just over one third of the Czech population will be aged 65 or over. By the 2060s, Czechs will be expected to retire at age 69 or later. Even with later retirement, the percentage of people entitled to an old-age pension will increase so that by the 2050s, approximately 28% of people may qualify for an old-age pension, compared with today's 20%. Changes in demographic composition will also influence other indicators: the average age around 2050 might be between 48-50 years, about ten years more than now. Politicians, managers and society leaders aim to find ways to successfully face this demographic challenge and enable everybody to have a sufficient level of economic, social, and health care provision. Most crucial in the near future is the adaptation of employment policies and pension reform. This chapter describes the situation regarding the employment of people over 50 years in the Czech Republic, research focused on extending working life, employment policies and characteristics of the pension system, paying special attention to gender differences. ; OA