Republic Of Poland

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455208205
Size: 57.58 MB
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The Selected Issues paper on Poland underlies that as the only European Union economy to avoid outright recession during the crisis, Poland is likely to attract renewed risk appetite. Poland could become one of the main recipients of capital inflows. This could lead to excessive exchange-rate appreciation, which would undermine competitiveness. The volatility of capital flows into Poland has been lower during both the boom and crisis periods, in part owing to timely introduction in the boom period of countercyclical macroprudential measures.

Republic Of Poland

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452793093
Size: 46.22 MB
Format: PDF
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This Selected Issues paper analyzes the main factors underlying the evolution of competitiveness, export performance, and labor market developments in Poland. The paper seeks to identify key questions of relevance for policymaking. The overall evolution of competitiveness compared with Poland’s trading partners and competitors since 1995 is analyzed using standard measures of the real effective exchange rate (REER). This paper also examines the role of foreign investors in financing domestically issued public debt in Poland.

Republic Of Poland

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 147552577X
Size: 45.47 MB
Format: PDF, ePub, Docs
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Republic of Poland: Selected Issues

Republic Of Poland Selected Issues

Author: István P. Székely
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451831917
Size: 16.70 MB
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This Selected Issues paper analyzes fiscal developments and the sustainability of the current fiscal stance in Poland. It analyzes fiscal risks and fiscal vulnerability by investigating the contingent liabilities of the government and by performing stress tests to gauge the exposure of the budget to fiscal risks. Using different approaches, the paper tries to determine the size of fiscal adjustment Poland needs to undertake to strengthen the fiscal position and to reduce exposure to fiscal risks to a more manageable level.

Republic Of Poland Selected Issues

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1513525026
Size: 65.60 MB
Format: PDF, Kindle
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This Selected Issues paper employs a suite of models to determine the main drivers of inflation in Poland. Inflation in Poland has stayed below the lower bound of the target band for about two years with external shocks adding to downward pressure during 2014. The paper provides a range of inflation forecasts to assess the likelihood of protracted low inflation. The paper considers the main factors underlying recent inflation developments and assesses the importance of first-round indirect and second-round effects of external shocks for headline inflation. Using a variety of models, the paper also provides possible forecast paths for inflation in Poland.

Republic Of Poland

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452746737
Size: 40.30 MB
Format: PDF, ePub, Mobi
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The Selected Issues paper and Statistical Appendix assesses the prospects of future capital flows to Poland. The paper briefly reviews the theory behind capital flows, and presents the stylized facts of recent capital flows to Poland. It reviews the experience of other large-scale privatizers, and looks at the empirical determinants of capital flows. The paper also reviews the development of foreign currency loans in Poland, drawing comparisons with other emerging market economies, and discusses challenges posed by these loans.