Slovak Republic : 2012 Article IV Consultation; Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/178

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Slovakia.

Monetary policy.

Slovakia--Economic conditions.

Slovakia.

Physical Description:

1 online resource (66 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

Strong exports in the Slovak Republic supported a healthy economic expansion with real GDP growing 3.3 percent in 2011. The 2012 Article IV Consultation highlights that the robust performance of net exports offset the contraction in domestic demand amid fiscal consolidation and volatile consumer confidence. Executive Directors have commended the prudent macroeconomic policies and sound fundamentals that have underpinned a strong recovery for the Slovak economy. Directors have also supported the authorities’ consolidation strategy to achieve fiscal sustainability.

Contents:

""Cover""; ""CONTENTS""; ""RECENT DEVELOPMENTS AND OUTLOOK""; ""A. An Export-Led Recovery""; ""B. Outlook and Risks""; ""MITIGATING RISKS AND LAYING THE FOUNDATION FOR STRONGER GROWTH""; ""A. Durable Fiscal Consolidation to Support Sound Public Finances""; ""B. Strong Oversight to Promote Financial Stability""; ""C. Structural Reforms for a Vibrant and Inclusive Growth""; ""STAFF APPRAISAL""; ""TABLES""; ""1. Selected Economic Indicators, 2008�13""; ""2. Fiscal Operations of the Consolidated General Government, 2006�17""; ""3. Statement of Operations of the General Government, 2006�17""

""4. General Government Financial Balance Sheet, 2006�11""""5. Medium-Term Balance of Payments, 2006�17""; ""6. Financial Soundness Indicators for the Banking Sector, 2008�11""; ""A1. Public Sector Debt Sustainability Framework, 2007�17""; ""A2. External Debt Sustainability Framework, 2007�2017""; ""FIGURES""; ""1. Real Sector Developments, 2005�11""; ""2. Spillovers from the Euro Area Turmoil""; ""3. Inflation and Monetary Developments, 2005�11""; ""4. Competitiveness Indicators, 1995�2011""; ""5. External Developments, 2000�11""; ""6. Fiscal Indicators, 2006�11""

""7. Fiscal Adjustment Scenarios, 2008�17""""8. Selected Financial Indicators, 2005�11""; ""9. Banks� Exposure to Housing Loans""; ""10. Labor Market Indicators, 2005�11""; ""11. Structural Indicators""; ""A1. Public Debt Sustainability: Bound Tests""; ""A2. External Debt Sustainability: Bound Tests""; ""BOXES""; ""1. Interconnectedness With the EU""; ""2. Fiscal Responsibility Law""; ""3. Implications of Cross-Border Regulation Mechanisms""; ""ANNEXES""; ""I. Risk Assessment Matrix""; ""II. Authorities� Response to Past IMF Policy Recommendations""

""III. Expenditure Efficiency in the Slovak Republic""""IV. Cross-Border Financial Linkages""; ""CONTENTS""; ""FUND RELATIONS""; ""STATISTICAL ISSUES""

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781475583182

1475583184

9781475518238

1475518234

9781299263888

1299263887