Czech Republic : enhancing the prospects for growth with fiscal stability

書誌事項

Czech Republic : enhancing the prospects for growth with fiscal stability

(World Bank country study)

World Bank, c2001

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注記

Includes bibliographical references

"This Public Expenditures Review (PER) is based on the findings of several missions that visited the Czech Republic throughout 2000"--p. vi

内容説明・目次

内容説明

This report suggests that, due to the worsening fiscal situation in the Czech Republic, fiscal retrenchment is necessary. This would allow for private demand to expand without putting undue pressure on interest rates and/or on the external current account. The report sees a stronger case and greater range for adjustment on the expenditure side rather than the revenue side. It illustrates, for selected sectors such as bank restructuring, social protection, health, education, transport, and housing, the challenges involved in correcting expenditure flows.

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