Republic of Poland: Selected Issues
July 8, 2011
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Selected issues of Poland are studied in this paper. The global projection model used to prepare the baseline inflation forecast and risk assessment for Poland is also explained. Baseline forecast, risk assessment, and policy communication are discussed. The pension reform has been a cornerstone of fiscal policies in Central and Eastern Europe (CEE). Problems with the Stability and Growth Pact (SGP) rules, a brief discussion of reform reversals, and policy options for both individual countries and those at the EU level are also discussed. Fiscal implications of pre-funding future liabilities are also studied.
Subject: Central bank policy rate, Expenditure, Financial services, Labor, Output gap, Pension reform, Pension spending, Pensions, Production
Keywords: Baltics, CEE country, CEE reform country, Central and Eastern Europe, Central Asia, Central bank policy rate, CR, debt financing, Eastern Europe, exchange rate, Global, headline inflation inflation rate, ISCR, Output gap, output gap shock, Pension reform, Pension spending, Pensions, reform cost
Pages:
41
Volume:
2011
DOI:
Issue:
167
Series:
Country Report No. 2011/167
Stock No:
1POLEA2011003
ISBN:
9781455295722
ISSN:
1934-7685
