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Poland: Recent Economic Developments

International Monetary Fund

No 1997/033, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Poland during 1995–96. The focus is on macroeconomic developments in the real, fiscal, monetary, and external sectors, respectively, while structural policies are also reviewed. The paper examines the Polish tax system, the exchange and trade system, and poverty. It highlights that in 1996, Poland experienced its fifth consecutive year of economic growth. From late 1993 to about mid-1995, inflation remained in the 30–35 percent range as large external surpluses weakened monetary control.

Keywords: ISCR; CR; exchange rate; broad money; monetary policy; state enterprise; balance of payments; crawling peg; debt service; foreign currency; current account; private sector; state-owned enterprise; Inflation; Budget planning and preparation; Privatization; Wages; Western Europe; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 214
Date: 1997-04-30
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Citations: View citations in EconPapers (3)

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