Managing capital flows in Poland, 1995‐98

Stanislaw Gomulka

The Economics of Transition, 1998, vol. 6, issue 2, 389-396

Abstract: Poland has been encouraging foreign direct investment, including the purchase of company shares, but has been attempting to limit the inflow of speculative short‐term capital. The policy so far has been effective without the use of any capital controls. The paper explains the policy and the reasons for its apparent success. The paper also discusses the evolving threats to macroeconomic stability of the Polish economy and policy responses to these threats.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:6:y:1998:i:2:p:389-396

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