Republic of Poland : 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Poland

1POLEA2009002 Image
Price:  $18.00

Release Date: © August, 2009
ISBN : 978-1-45183-206-8
Stock #: 1POLEA2009002
Stock Status: On back-order

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This 2009 Article IV Consultation highlights that Poland’s rapid growth had begun to lose steam even before the global crisis hit. Following robust and relatively well-balanced expansion, driven by an EU accession-related investment boom and rapid credit and wage growth, economic activity began to slow down in the face of capacity constraints. Executive Directors have noted that a significant deceleration in economic activity is under way, reflecting adverse spillovers through real and financial channels. They have also commended the authorities for the timely, well-focused, and measured policy response.


Economic policy , Fiscal policy , Monetary policy

More publications in this series: IMF Staff Country Reports