Republic of Poland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Republic of Poland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of the pandemic.

Republic of Poland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland

Republic of Poland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Poland PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of the pandemic.

Republic of Poland, Staff Report for the ... Article IV Consultation

Republic of Poland, Staff Report for the ... Article IV Consultation PDF Author:
Publisher:
ISBN:
Category : Poland
Languages : en
Pages : 66

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Book Description


Republic of Poland

Republic of Poland PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451831994
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
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.

Republic of Poland

Republic of Poland PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 149834285X
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
This paper describes mainly the introduction and performance of the Extended Fund Facility program for Pakistan. Since the start of the program in September 2013, economic growth has gradually recovered, inflation has fallen to low single digits, foreign reserve buffers have been rebuilt, social safety nets have been strengthened, and the fiscal deficit has significantly declined (although public debt remains high). Despite setbacks in privatization earlier in the year due to labor unrest and political opposition, the authorities remain committed to returning ailing public sector enterprises to a sound financial position, including through private participation, and to completing energy sector reform.

Czech Republic: 2005 Article IV Consultation Staff Report and Public Information Notice on the Executive Board Discussion

Czech Republic: 2005 Article IV Consultation Staff Report and Public Information Notice on the Executive Board Discussion PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451810237
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
This 2005 Article IV Consultation highlights that recent accession to the European Union and gains in growth performance reinforced the Czech Republic’s position as one of the most open and developed economies among the new member states. Thanks to substantial foreign direct investment, its manufacturing sector is closely integrated into cross-border production networks, and foreign-owned firms now account for most of industrial exports. Banking sector indicators are positive, and bank lending—led by credit to households—continue to rebound. Past restructuring and improved risk management have also strengthened banks.

Czech Republic, Staff Report for the ... Article IV Consultation

Czech Republic, Staff Report for the ... Article IV Consultation PDF Author:
Publisher:
ISBN:
Category : Czech Republic
Languages : en
Pages : 66

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Book Description


Republic of Poland

Republic of Poland PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 86

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Book Description
Following a strong rebound from the pandemic, the Polish economy in 2022 faced energy and food price shocks, which exacerbated inflationary pressures and slowed economic growth. With Russia’s war in Ukraine, the authorities seek to increase defense expenditures and energy security.

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries PDF Author: Ara Stepanyan
Publisher: International Monetary Fund
ISBN: 1475541430
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Independent States (CIS) and, to a lesser extent, on Baltic countries. The spillovers to eastern Europe have been limited. The degree of impact is commensurate with the level of these countries’ trade, remittances, and foreign direct investment (FDI) links with Russia. So far, policy action by the affected countries has focused on mitigating the immediate consequences of spillovers.

Managing Large-Scale Capital Inflows

Managing Large-Scale Capital Inflows PDF Author: Mr.Ibrahim Chowdhury
Publisher: International Monetary Fund
ISBN: 1475536585
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
Many emerging market economies have in the recent past experienced a surge in capital inflows that may threaten their economic and financial stability. The IMF in early 2011 proposed a framework intended to guide Fund advice to policymakers on how to best respond to such inflows, including both macroeconomic instruments and so-called capital flow management measures (CFMs). The paper applies this framework to three countries that have experienced elevated capital inflows after the onset of the 2008 global financial crisis - the Czech Republic, Poland, and Romania. It finds that the evaluation of the macroeconomic criteria as prescribed by the framework does not support the use of CFMs, but instead advocates macroeconomic policies as the first line of defense against large-scale capital inflows. This finding is by and large consistent with the IMF’s policy advice given to country authorities in the context of surveillance missions.

Shifting the Beveridge Curve

Shifting the Beveridge Curve PDF Author: Ms.Elva Bova
Publisher: International Monetary Fund
ISBN: 148433695X
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 using three complementary methodologies and analyze the short-run determinants of these shifts by means of limited-dependent variable models. We find that labor force growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve,. Our findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult.