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  • 1
    Online Resource
    Online Resource
    Republic of Poland: 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director (2015)
    Washington, D.C : International Monetary Fund
    Details
    UID:
    gbv_845961349
    Format: Online-Ressource (91 p)
    Edition: Online-Ausg.
    ISBN: 1513502433 , 9781513502434
    Series Statement: IMF Staff Country Reports: Country Report No. 15 / 182
    Content: The economy has recovered from the 2012–13 slowdown, supported by sound policies and improving external conditions. The outlook is for robust growth and subdued inflation but risks, although moderating, are tilted to the downside. Further structural reforms and stronger policy buffers will mitigate risks and ensure that the recovery is durable and balanced. Interconnectedness. Poland’s strong interconnectedness with Europe through both trade and financial linkages has facilitated growth and income convergence and reduced inequality. However, it also exposes Poland to external shocks that can propagate through substantial foreign participation in the government bond market and in the banking system. Monetary policy. The recent policy interest rate cuts should help gradually return inflation to the target. However, the Monetary Policy Council (MPC) should stand ready to further ease monetary policy if inflation expectations were to disappoint. Financial sector policy. The financial sector remains profitable, well-capitalized, and liquid. Credit growth is picking up in tandem with activity. Addressing legacy vulnerabilities and completing financial sector reforms would further buttress financial stability and support continued healthy credit expansion. Fiscal policy. Gradual fiscal consolidation should continue to build policy buffers and address long-term aging-related contingent liabilities. The authorities should identify measures to underpin their fiscal plans. Structural reforms. Over the past two decades, Poland succeeded in closing a quarter of its per capita income gap with the European Union (EU) average. Further boosting income levels and living standards requires structural reforms to move up the value- added chain and facilitate labor mobility to higher productivity sectors
    Additional Edition: Erscheint auch als Druck-Ausgabe Republic of Poland: Staff Report for the 2015 Article IV Consultation Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513502434
    Language: English
    DOI: 10.5089/9781513502434.002
    URL: kostenfrei
    URL: kostenfrei
    Library Location Call Number Volume/Issue/Year Availability
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    Stabi Berlin
  • 2
    Online Resource
    Online Resource
    Republic of Poland : Staff Report for the 2015 Article IV Consultation. (2015)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edocfu_9958077848702883
    Format: 1 online resource (92 p.)
    ISBN: 1-5135-7621-6 , 1-5135-0608-0
    Series Statement: IMF Staff Country Reports
    Content: This 2015 Article IV Consultation highlights that the economy of Poland has recovered from the 2012–13 slowdown. Growth accelerated to 3.4 percent in 2014, and further to 3.6 percent in the first quarter of 2015, on the back of buoyant domestic demand, supported by improving labor market and financial conditions. However, inflation has remained negative since July 2014 owing to low commodity prices and weak imported inflation. The outlook is for continued robust growth and subdued inflation amid downside risks. Economic expansion is expected to continue, with growth projected at 3.5 percent in 2015 and over the medium term.
    Note: Description based upon print version of record. , Cover; CONTENTS; CONTEXT; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK AND RISKS; BOXES; 1. External Sector Assessment; 2. Balance Sheet Effects from Lowflation; POLICY DISCUSSIONS: ADVANCING REFORMS TO PROMOTE STABILITY AND INCOME CONVERGENCE; A. Maintaining Accommodative Monetary Stance to Guide Inflation to Target; B. Financial Sector Policies and Reforms to Buttress Stability; C. Continuing Fiscal Consolidation to Reinforce Policy Buffers; D. Structural Reforms to Boost Productivity and Facilitate Convergence; 3. Raising Productivity Growth in Poland: The Role of Structural Transformation , STAFF APPRAISALFIGURES; 1. Integration with the Global Economy; 2. Financial Market Developments; 3. Recent Economic and Labor Market Developments; 4. Balance of Payments; 5. Recent Inflation Developments; 6. Monetary Policy Developments; 7. Banking Sector Capital and Asset Quality; 8. Credit Growth and Banking Sector Funding; 9. VAT Compliance; 10. Prevalence of State-Owned Enterprises; TABLES; 1. Selected Economic Indicators, 2012-20; 2. Balance of Payments on Transaction Basis, 2012-20; 3. Risk Assessment Matrix; 4. Implementation of Past Fund Advice , 5. Financial Soundness Indicators, 2007-146. 2013 FSAP Recommendations and Current Status; 7. Monetary Accounts, 2008-15; 8. General Government Statement of Operations, 2012-20; 9. General Government Financial Balance Sheets, 2012-20; ANNEXES; I. External Debt Sustainability Analysis; II. Public Sector Debt Sustainability Analysis; APPENDICES; I. Evolution of Income Inequality Following EU Accession; II. Foreign Currency Mortgages; III. Efficiency of Public Expenditure; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
    Additional Edition: ISBN 1-5135-0243-3
    Additional Edition: ISBN 1-5135-4234-6
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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    FU Berlin
  • 3
    Online Resource
    Online Resource
    Republic of Poland : Staff Report for the 2015 Article IV Consultation. (2015)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edoccha_9958077848702883
    Format: 1 online resource (92 p.)
    ISBN: 1-5135-7621-6 , 1-5135-0608-0
    Series Statement: IMF Staff Country Reports
    Content: This 2015 Article IV Consultation highlights that the economy of Poland has recovered from the 2012–13 slowdown. Growth accelerated to 3.4 percent in 2014, and further to 3.6 percent in the first quarter of 2015, on the back of buoyant domestic demand, supported by improving labor market and financial conditions. However, inflation has remained negative since July 2014 owing to low commodity prices and weak imported inflation. The outlook is for continued robust growth and subdued inflation amid downside risks. Economic expansion is expected to continue, with growth projected at 3.5 percent in 2015 and over the medium term.
    Note: Description based upon print version of record. , Cover; CONTENTS; CONTEXT; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK AND RISKS; BOXES; 1. External Sector Assessment; 2. Balance Sheet Effects from Lowflation; POLICY DISCUSSIONS: ADVANCING REFORMS TO PROMOTE STABILITY AND INCOME CONVERGENCE; A. Maintaining Accommodative Monetary Stance to Guide Inflation to Target; B. Financial Sector Policies and Reforms to Buttress Stability; C. Continuing Fiscal Consolidation to Reinforce Policy Buffers; D. Structural Reforms to Boost Productivity and Facilitate Convergence; 3. Raising Productivity Growth in Poland: The Role of Structural Transformation , STAFF APPRAISALFIGURES; 1. Integration with the Global Economy; 2. Financial Market Developments; 3. Recent Economic and Labor Market Developments; 4. Balance of Payments; 5. Recent Inflation Developments; 6. Monetary Policy Developments; 7. Banking Sector Capital and Asset Quality; 8. Credit Growth and Banking Sector Funding; 9. VAT Compliance; 10. Prevalence of State-Owned Enterprises; TABLES; 1. Selected Economic Indicators, 2012-20; 2. Balance of Payments on Transaction Basis, 2012-20; 3. Risk Assessment Matrix; 4. Implementation of Past Fund Advice , 5. Financial Soundness Indicators, 2007-146. 2013 FSAP Recommendations and Current Status; 7. Monetary Accounts, 2008-15; 8. General Government Statement of Operations, 2012-20; 9. General Government Financial Balance Sheets, 2012-20; ANNEXES; I. External Debt Sustainability Analysis; II. Public Sector Debt Sustainability Analysis; APPENDICES; I. Evolution of Income Inequality Following EU Accession; II. Foreign Currency Mortgages; III. Efficiency of Public Expenditure; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
    Additional Edition: ISBN 1-5135-0243-3
    Additional Edition: ISBN 1-5135-4234-6
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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    Charité
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