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The Polish economy has become increasingly connected with the international economy, but challenges are widespread to improve Poland’s position in global markets.
Major structural reforms are necessary to prepare for euro adoption, all the more as the process of real and nominal convergence remains largely incomplete. This requires a substantial strengthening of alternative adjustment mechanisms to domestic interest- and exchange-rate changes.
Unemployment has fallen significantly prior to the crisis, not least due to past labour market reforms, and has remained surprisingly stable during this recession – both relative to past experience and vis à vis other OECD countries.
The potential growth rate of the economy has been low for a long time and the crisis has had a further adverse impact.
This paper uses the OECD’s Going for Growth framework, as well as other available evidence linking policies to economic performance, to identify key structural policy challenges in the BIICS for the years ahead.
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10-March-2010
English, , 117kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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10-March-2010
English, , 123kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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10-March-2010
English, , 118kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Related Documents
10-March-2010
English, , 119kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Related Documents
10-March-2010
English, , 117kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Related Documents
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