wiiw Forecast Reports
POLAND: Can strong growth supported by public sector spending continue much longer?
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in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 114-117
Despite lower profits the corporate sector’s financial standing and financing conditions are good. But the private domestic firms are reluctant to expand investment. The ongoing political changes destabilise the country’s legal framework undermining trust in the rule of law. The conflict between the European Commission and the Polish government may lead to substantial cuts in the funds available to Poland which would also undermine public investment and reduce medium-term growth prospects.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Poland