Statement by Andrzej Raczko, Alternate Executive Director for the Republic of Poland and Marcin Piatkowski, Advisor to Executive Director

International Monetary Fund

doi:10.5089/9781451831979.002.A004

Republic Of Poland : Staff Report for the 2005 Article IV Consultation

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Journal Issue

Volume/Issue:: 2005/263
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: August 2005
DOI:: http://dx.doi.org/10.5089/9781451831979.002
ISBN:: 9781451831979
ISSN:: 1934-7685
Page:: 59

This 2005 Article IV Consultation highlights that the annual growth in Poland in 2004 reached 51/2 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.

Republic of Poland: 2005 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Poland

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Statement by Andrzej Raczko, Alternate Executive Director for the Republic of Poland and Marcin Piatkowski, Advisor to Executive Director

Author(s):: International Monetary Fund
Published Date:: August 2005

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Republic Of Poland : Staff Report for the 2005 Article IV Consultation

Statement by Andrzej Raczko, Alternate Executive Director for the Republic of Poland and Marcin Piatkowski, Advisor to Executive Director

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