Republic of Poland: Selected Issues Paper
International Monetary Fund
No 2010/119, IMF Staff Country Reports from International Monetary Fund
Abstract:
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.
Keywords: ISCR; CR; GDP; Poland; balance sheet; deficit; FX mortgage; foreign currency; interest rate; household loan; labor market; FX exposure; Maastricht deficit threshold; IMF staff estimate; Capital inflows; Fiscal stance; Financial statements; Global; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 40
Date: 2010-05-14
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2010/119
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