Republic of Poland : 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Poland.

1POLEA2010001 Image
Price:  $18.00

Release Date: © May, 2010
ISBN : 978-1-45520-254-6
Stock #: 1POLEA2010001
English
Stock Status: On back-order

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Description

The Republic of Poland’s 2010 Article IV Consultation shows that Poland is the only European Union country to have escaped a recession in 2009 owing to its limited reliance on exports and well-capitalized and profitable banking system. Like its regional peers, it experienced spillovers from the crisis through both real and financial channels, in particular the latter, as an abrupt slowdown in capital inflows caused a credit crunch and a sharp decline in investment. The banking sector is well buffered, but risks related to foreign-exchange lending should be curbed.

Taxonomy

Economic policy , Fiscal policy , Foreign exchange , Monetary policy




More publications in this series: IMF Staff Country Reports