Republic Of Poland: Staff Report for the 2005 Article IV Consultation
Electronic Access:
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Summary:
This 2005 Article IV Consultation highlights that the annual growth in Poland in 2004 reached 5½ percent, with a surge in growth in the run-up to European Union accession dissipating in the second half of 2004. Both domestic and net external demand contributed to the slowdown. Consumption and inventory accumulation had supported output growth as contribution of net external demand diminished, but by mid-2004, these sources of demand growth slackened. The recovery has started to produce jobs, but the employment rate remains low owing to structural rigidities and demographic pressures.
Series:
Country Report No. 2005/263
Subject:
Employment External debt Fiscal policy Inflation Labor Labor markets Prices Public debt
English
Publication Date:
August 2, 2005
ISBN/ISSN:
9781451831979/1934-7685
Stock No:
1POLEA2005001
Pages:
59
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