Franklin

Czech Republic [electronic resource] : Selected Issues.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2005.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 05/275.
IMF Staff Country Reports; Country Report No. 05/275
Format/Description:
Government document
Book
1 online resource (66 p.)
Local subjects:
Aging.
Economic indicators.
Economic reforms.
Fiscal implications.
Fiscal management.
Fiscal position.
Fiscal sustainability.
Health care.
Labor markets.
Monetary fund.
Monetary policy.
Monetary policy implications.
Selected issues.
Czech Republic.
Summary:
This Selected Issues paper on the Czech Republic presents an analysis of various aspects of population aging: its macroeconomic effects; impact on fiscal sustainability; and implications for private savings. The paper simulates the macroeconomic effects of population aging in the Czech Republic using an overlapping-generations model. It finds that aging can significantly weaken the outlook for economic growth and living standards. The paper evaluates the fiscal implications of aging using a generational-accounting framework. It also evaluates the monetary policy implications of capital account volatility—as the relative importance of portfolio flows increases.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451810229:
9781451810226
ISSN:
1934-7685
Publisher Number:
10.5089/9781451810226.002
Access Restriction:
Restricted for use by site license.
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