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
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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
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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
