Republic of Poland: Staff Report for the 2006 Article IV Consultation

Volume/Issue: Volume 2006 Issue 391
Publication date: October 2006
ISBN: 9781451831993
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Topics covered in this book

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Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , GDP , deficit , government , rate , Poland , insolvency regime , authorities project GDP growth , position vis , EU accession , EU membership , Inflation , Current account deficits , Government debt management , Global , Western Europe

Summary

The current cyclical upswing underscores the potential of the Polish economy with regard to EU accession and in the face of favorable global growth prospects. The current juncture offers good opportunities to lock in improved economic performance. Uncertainties remain regarding reducing the deficit and stabilizing public debt. Restructuring in industries exposed to foreign competition needs to be expanded to the economy more generally. With a reform agenda in place, euro adoption would be an additional impetus for trade, investment, and growth.