This Selected Issues paper analyzes inflation in the Czech Republic. The paper analyzes using an adaptive learning structural model. A structural model incorporating adaptive learning features is well suited to project inflation path in the Czech Republic. In Czechia, inflation expectations are...

The 2023 Article IV Consultation with Czech Republic discusses that economic activity slowed down notably in 2023 but a rebound is expected in 2024, driven by a recovery in domestic demand. Growth is expected to pick up in 2024, led by consumption and fixed investment-as inflation fades and real...

This Selected Issues paper examines-through the lenses of a structural model of global value chains-policies that could smooth the transition to the production of electric vehicles in Czechia economy context. In particular, the paper analyzes the impacts of a broad set of policies related to...

This 2022 Article IV Consultation highlights that Russia's war in Ukraine has stifled the Czech Republic's nascent recovery from the pandemic. Uncertainty is high due to the war with risks to economic activity tilted to the downside and risks to inflation tilted to the upside. The economy...

This paper focuses on observance of standards and codes on the Financial Action Task Force (FATF) recommendations for antimoney laundering and combating the financing of terrorism (AML/CFT) measures in Japan. The paper describes and analyzes such measures and provides recommendations on how...

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...