Republic of Poland: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Poland
Electronic Access:
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Summary:
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.
Series:
Country Report No. 2008/130
Subject:
Expenditure External debt Income Inflation National accounts Prices Public debt
English
Publication Date:
April 18, 2008
ISBN/ISSN:
9781451832037/1934-7685
Stock No:
1POLEA2008001
Pages:
67
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