Republic of Poland: Staff Report for the 2011 Article IV Consultation
July 8, 2011
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In this study, the economic development of Poland after the recession is discussed. The importance of maintaining macroeconomic policies and advancing growth-enhancing structural reforms are explained. Increase in labor participation and a reduction in product market rigidities are key to increase potential growth. Improvements of the balance of payments compilation system has been encouraged by the authorities. To strengthen the financial sector, increase the independence of financial supervision authority, develop a framework for coordinating policy responses to systemic risks, and strengthen the bank resolution framework are also encouraged.
Subject: Balance of payments, Current account deficits, External debt, Government debt management, Government finance statistics, Inflation, Prices, Public debt, Public financial management (PFM)
Keywords: asset consolidation exercise, Central and Eastern Europe, CR, Current account deficits, Europe, GDP, Global, Government debt management, headline CPI inflation, Inflation, inflation rate, ISCR, liability positions vis-à-vis nonresident, liquidity position, NBP, NBP reference rate, percent inflation target
Pages:
63
Volume:
2011
DOI:
Issue:
166
Series:
Country Report No. 2011/166
Stock No:
1POLEA2011002
ISBN:
9781455295708
ISSN:
1934-7685
