Republic Of Poland 2007 Article Iv Consultation
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Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 67 |
Release | : 2008-04-18 |
Genre | : Business & Economics |
ISBN | : 1451832036 |
The external sector has an increasing drag on the economy. The current account deficit remains fully financed by FDI, and the underlying balance is consistent with external-debt stabilizing levels. The stock market retrenchment has been severe, but it followed substantial gains since 2006. Stress tests show that resilience of the banking system is well capitalized and highly profitable. Executive Directors stressed that the key to boosting long-term growth will be to increase low labor market participation. The financial supervision authority should give priority to formalizing understandings.
Author | : |
Publisher | : |
Total Pages | : 66 |
Release | : 2009 |
Genre | : Poland |
ISBN | : |
Author | : International Monetary Fund. European Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 88 |
Release | : 2017-07-17 |
Genre | : Business & Economics |
ISBN | : 1484310306 |
This 2017 Article IV Consultation highlights that Poland’s near-term growth momentum remains strong, supported by accommodative monetary and fiscal policies and sizeable European Union transfers. The economy is operating above potential, with the unemployment rate at a historical low. Growth is projected to accelerate to 3.6 percent in 2017 and remain strong in 2018. Long-term growth, however, will be more subdued, unless adverse demographics and structural constraints on investment and productivity growth are addressed. Risks to the near-term outlook are broadly balanced. Monetary policy remains accommodative, with policy rate kept at a historically low level since early 2015.
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 92 |
Release | : 2022-02-24 |
Genre | : Business & Economics |
ISBN | : |
The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of the pandemic.
Author | : Dóra Győrffy |
Publisher | : Central European University Press |
Total Pages | : 238 |
Release | : 2013-03-30 |
Genre | : Political Science |
ISBN | : 6155225346 |
The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 151 |
Release | : 2010-04-08 |
Genre | : |
ISBN | : 9264036210 |
OECD's periodic survey of Poland's economy. This 2010 edition features chapters covering ensuring a balanced recovery, preparing for euro adoption, and making the most of globalisation.
Author | : International Monetary Fund. European Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 86 |
Release | : 2023-06 |
Genre | : Business & Economics |
ISBN | : |
Following a strong rebound from the pandemic, the Polish economy in 2022 faced energy and food price shocks, which exacerbated inflationary pressures and slowed economic growth. With Russia’s war in Ukraine, the authorities seek to increase defense expenditures and energy security.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 2010-03-04 |
Genre | : Business & Economics |
ISBN | : 1451943237 |
The key findings of the Czech Republic’s 2010 Article IV Consultation are discussed. Large foreign direct investment inflows fostered trade integration, underpinning an export-led expansion. Higher initial standard of living contained consumption convergence pressures. An improved fiscal performance contributed to the comfortable external position. This, combined with credible inflation targeting, resulted in generally low inflation and interest rates. A liquid and conservative banking sector limited the build-up of balance sheet vulnerabilities.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 118 |
Release | : 2008-04-25 |
Genre | : Business & Economics |
ISBN | : 1451825153 |
Moldova showed improved growth prospects and decline in poverty despite a series of consecutive shocks under the economic program. Executive Directors commended the balanced macroeconomic policies and urged to maintain macroeconomic stability. They also appreciated the strong monetary policy by National Bank of Moldova (NBM), disciplined fiscal policies, financial sector stability and consolidation of education and health care networks, and stressed the need to strengthen tax administration while maintaining the deficit target. The need for modernization of energy sector and effective implementation of Anti Money Laundering and Combating the Financing of Terrorism (AML/CLT) law were also found to be essential.
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 87 |
Release | : 2021-07-21 |
Genre | : Business & Economics |
ISBN | : 1513587374 |
Macroeconomic performance and buffers were strong when the COVID-19 pandemic hit. Economic and social restrictions instituted in March 2020 helped slow new infections and mitigate negative health outcomes but triggered a deep decline in activity in Q2:2020. The slump was followed by a strong rebound in Q3 as the restrictions were eased. With the resurgence of the virus, pressures on the health system peaked in late-March 2021 and eased after a new round of restrictions. Going forward, the outlook is for a near-term economic recovery subject to large two-way risks. The strength and durability of the recovery hinges on the evolution of the health situation and the extent of economic scarring from the pandemic.