01755cas a2200241 a 4500 AALejournalIMF013809 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484336069 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Czech Republic : 2013 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (44 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2013 Article IV Consultation highlights that the Czech economy, despite its strong fundamentals, is in the midst of a prolonged recession because of the euro area slump and weak domestic demand. A further slowdown in the euro area would exacerbate the situation, creating the risk of lower growth in the long run. Short-term macroeconomic policies should therefore be geared toward supporting the economy and not creating additional drag. Boosting potential growth in the medium to long term will require implementation of additional structural reforms. Given the large fiscal consolidation achieved so far, further consolidation efforts should be avoided until the economic recovery gains strength. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/242 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/242/002.2013.issue-242-en.xml IMF e-Library