Republic of Poland: Selected Issues

International Monetary Fund

No 2003/188, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; GDP; deficit; headline deficit; state budget; treasury guarantee; structural adjustment; deficit measure; borrowing requirement; take-home pay; elasticity in Poland; public finance entity; B. fiscal policy stance; Unemployment rate; Unemployment; Wages; Employment; Baltics (search for similar items in EconPapers)
Pages: 44
Date: 2003-06-25
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Citations: View citations in EconPapers (6)

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