Czech Republic: Selected Background Studies

International Monetary Fund

No 1995/085, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines a few selected aspects of adjustment and restructuring in the Czech enterprise sector. It examines financial performance of the Czech enterprise sector, drawing on data reported by nonfinancial enterprises to the Czech Statistical Office (CSO) in 1993. The findings reveal that significant progress has been made in the nonfinancial aspects of adjustment, but a large part of the enterprise sector has been slow to adopt measures to achieve sustainable financial viability.

Keywords: ISCR; CR; rate; VAT; wage; replacement rate; CNB bill; CNB sterilization operation; loss-making enterprise; enterprise sector; VAT system; Pension spending; Wages; Labor share; Value-added tax; Loans; Central and Eastern Europe; Eastern Europe (search for similar items in EconPapers)
Pages: 124
Date: 1995-09-14
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