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OECD Economic Surveys: Czech Republic 2010
OECD Publishing , Publication date:  06 Apr 2010
Pages: 157 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264082977 , OECD Code: 102010071E1
Price:   €39 | $52 | £31 | ¥5600 | MXN670
Availability: Available
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Superseded by: OECD Economic Surveys: Czech Republic 2014 - (Available)
Other Versions:  Print - Paperback
Subscription:  OECD Economic Surveys (Available)
Policy brief:  Czech, French, English

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Frequency: Every 18 months   Tables: 14  Charts: 25  Electronic format: Acrobat PDF


OECD's periodic survey of the Czech economy. This 2010 edition includes chapters covering the challenge of fiscal consolidation after the crisis, pro-growth tax and benefit reform, and improving the business environment. The survey finds that the Czech economy was severely affected by the global downturn, owing to its high degree of openness and integration in global production chains. The fiscal position was also hit hard, prompting a rapid shift in policy from stimulus to consolidation.  The medium-term challenges facing the country are principally concerned with creating conditions of rapid convergence with advanced OECD economies by restoring the sustainability of public finances and improving the business environment.

Table of contents:
Basic Statistics of the Czech Republic 2008 
Executive summary 
Assessment and recommendations
Chapter 1. The challenge of fiscal consolidation after the crisis
-A cyclical slowdown exacerbated by an imported crisis
-The policy response
-Preparing for the fiscal consequences of population ageing
-Other policy challenges
-Annex 1.A1. Progress in structural reform
Chapter 2. Further advancing pro-growth tax and benefit reform
-The Czech tax system
-Labour taxation, the benefit system, and labour supply
-Taxation of capital income
-Pro-growth tax reform in the wake of the crisis
-Annex 2.A1. Effective tax rates on labour - methodology and assumption
Chapter 3. Improving the business environment
-Reducing impediments to entry, exit and competition
-Making labour markets more flexible
-Reducing the burden of regulation while improving its quality
-Simplification of tax compliance and administration
-Extending e-government services
-Combatting corruption
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