Front Matter

Front Matter

International Monetary Fund
Published Date:
October 1990
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    © 1990 International Monetary Fund

    Library of Congress Cataloging-in-Publication Data

    The Czech and Slovak federal republic: an economy in transition / by Jim Prust … [et al.],

    p. cm.—(Occasional paper: no. 72)

    1. Czechoslovakia—Economic policy—1965- 2. Central planning—Czechoslovakia. 3. Mixed economy—Czechoslovakia. 4. Czechoslovakia—Economic conditions—1945- I. Prust, Jim. II. Series: Occasional paper (International Monetary Fund): no. 72.

    HC270.28.C92 1990




    ISBN 9781557751690

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    The following symbols have been used throughout this paper:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    • – between years or months (e.g., 1989–90 or January–June to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 1989/90) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million

    Minor discrepancies between constituent figures and totals are due to rounding.

    The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.


    This paper is based on an internal report prepared by the staff in connection with the application of the Czech and Slovak Federal Republic (Czechoslovakia) for membership in the IMF. Staff teams gathered statistical and other information for the report during two rounds of discussions in Prague, in March and April 1990. To the extent possible, the paper takes account of subsequent developments. But, given the inevitable time lag between preparation and publication and the rapid changes now taking place in Czechoslovakia’s economic life, the information provided may in some respects already have been overtaken by events.

    Any opinions expressed are those of the authors alone and should not be construed as reflecting the views of the Czechoslovak authorities, Executive Directors of the Fund, or other staff members. Similarly, the authors bear sole responsibility for any factual errors.

    The authors gratefully acknowledge the assistance so generously extended to them by the many officials with whom they worked during the two visits to Prague, They would also like to record their appreciation to Mirko Novakovic for research assistance, to David Driscoll of the External Relations Department for editorial assistance, and to Valerie Ball, Hilda Newman, and Divina Tenorio for secretarial support.

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