Poland: Recent Economic Developments
April 30, 1997
Summary
This paper reviews economic developments in Poland during 1995–96. The focus is on macroeconomic developments in the real, fiscal, monetary, and external sectors, respectively, while structural policies are also reviewed. The paper examines the Polish tax system, the exchange and trade system, and poverty. It highlights that in 1996, Poland experienced its fifth consecutive year of economic growth. From late 1993 to about mid-1995, inflation remained in the 30–35 percent range as large external surpluses weakened monetary control.
Subject: Banking, Budget planning and preparation, Economic sectors, Expenditure, Inflation, Labor, Prices, Privatization, Public financial management (PFM), Wages
Keywords: balance of payments, broad money, Budget planning and preparation, Central and Eastern Europe, CR, crawling peg, current account, debt service, exchange rate, foreign currency, Inflation, ISCR, monetary policy, private sector, Privatization, state enterprise, state-owned enterprise, Wages, Western Europe
Pages:
214
Volume:
1997
DOI:
Issue:
033
Series:
Country Report No. 1997/033
Stock No:
1POLEA0011997
ISBN:
9781451831795
ISSN:
1934-7685





