{
  "title": "Republic of Poland: Selected Issues",
  "publication": "IMF Staff Country Reports, January 21, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2025/01/17/republic-of-poland-selected-issues-561002",
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  "summary": "This Selected Issues paper analyzes various factors that show potential growth in Poland. Poland has achieved substantial economic convergence within the EU. Labor productivity growth was robust until the disruptions from coronavirus disease.",
  "sections": [
    {
      "heading": "Key findings on growth and convergence",
      "content": "- Poland has achieved substantial economic convergence within the EU.\n- Labor productivity growth was robust until the disruptions from coronavirus disease.\n- Poland has closed on Europe’s productivity frontier in most sectors.\n- Moving forward, the labor supply is expected to comprise a substantial drag on potential output."
    },
    {
      "heading": "Potential growth projections",
      "content": "- Using a production function approach, IMF now estimates that Poland’s potential growth will remain solid, but gradually decline, reaching 2.7 percent by 2029."
    },
    {
      "heading": "Principal policy recommendations",
      "content": "- Deepen capital to support productive capacity.\n- Facilitate resource reallocation to improve allocative efficiency.\n- Support labor supply through policies that raise participation and reduce demographic drag.\n- Enhance innovation capacity to sustain growth beyond technology adoption."
    },
    {
      "heading": "Labor market and skills priorities",
      "content": "- Strengthen vocational training and skill-matching to improve skills and allocative efficiency.\n- Raise labor force participation among older cohorts, complemented by enhancing adult learning."
    },
    {
      "heading": "Innovation and finance priorities",
      "content": "- Transition from technology adoption toward innovation-driven growth to sustain convergence.\n- Reorient government incentives and the financial system to create a conducive environment for R&D and other innovation activities, including by promoting private equity and venture capital.\n\nRepublic of Poland: Selected Issues, IMF Staff Country Report 2025/007\n\n---\n\n Content in this bundle\n\n- Republic of Poland: Selected Issues; IMF Country Report No. 25/7; December 16, 2024\n  - Republic of Poland: Selected Issues; IMF Country Report No. 25/7; December 16, 2024 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Republic of Poland: Selected Issues; IMF Country Report No. 25/7; December 16, 2024 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 21, 2025",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400298929.002",
    "Poland has achieved substantial economic convergence within the EU.",
    "Poland has closed on Europe’s productivity frontier in most sectors.",
    "Moving forward, the labor supply is expected to comprise a substantial drag on potential output.",
    "Using a production function approach, IMF now estimates that Poland’s potential growth will remain solid, but gradually decline, reaching 2.7 percent by 2029.",
    "Deepen capital to support productive capacity.",
    "Facilitate resource reallocation to improve allocative efficiency.",
    "Support labor supply through policies that raise participation and reduce demographic drag.",
    "Enhance innovation capacity to sustain growth beyond technology adoption.",
    "Strengthen vocational training and skill-matching to improve skills and allocative efficiency.",
    "Raise labor force participation among older cohorts, complemented by enhancing adult learning.",
    "Transition from technology adoption toward innovation-driven growth to sustain convergence.",
    "Reorient government incentives and the financial system to create a conducive environment for R&D and other innovation activities, including by promoting private equity and venture capital.",
    "**Republic of Poland: Selected Issues; IMF Country Report No. 25/7; December 16, 2024**"
  ],
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