01633cas a2200241 a 4500 AALejournalIMF013811 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484317563 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Czech Republic : Selected Issues. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (21 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 Selected Issues paper analyzes the fiscal strength of the economy of the Czech Republic. Fiscal policy in the Czech Republic has shown a procyclical bias temporarily interrupted during the crisis years. The large stimulus implemented has been more than compensated by a frontloaded adjustment. However, the fiscal framework could be improved to increase transparency, predictability, and credibility of policy and minimize the procyclical bias. This could be achieved by incorporating, among other things, a simple and credible rule with a medium-term fiscal anchor set in structural terms. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/243 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/243/002.2013.issue-243-en.xml IMF e-Library