Republic of Poland: Staff Report for the 2003 Article IV Consultation

June 25, 2003

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Republic of Poland: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 8, 2024

Summary

This 2003 Article IV Consultation highlights that the economy of the Republic of Poland began to recover during 2002 from the sharp weakening of growth in 2000–01, but the recovery is fragile. Private consumption picked up gradually, fueled by rising real fiscal transfers, easing monetary policy, and a drop in the savings ratio. Exports outpaced rather weak market growth as competitiveness improved. The recovery also reflected a lessening of negative influences: a sharp drop in inventories ended, and the contraction of fixed investment lessened.

Subject: Currencies, Expenditure, External debt, Inflation, Inflation targeting, Monetary policy, Prices, Public debt

Keywords: Approaching EU membership, CR, Estimate, EU accession treaty, EU integration process, Europe, Foreign currency, Global, Government, Headline CPI inflation, Inflation, Inflation targeting, ISCR, Monetary policy, Net inflation, Western Europe

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/187
Stock No:

1POLEA0012003
ISBN:

9781451831856
ISSN:

1934-7685

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