wiiw Current Analyses and Forecasts
Poland: Soft landing ahoy
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in: Fasting or Feasting? Europe - Old and New - at the Crossroads
wiiw Current Analyses and Forecasts No. 10, July 2012 , pp. 77-81
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Fiscal consolidation is likely to slow down growth in Poland in the coming years. The economy still benefits from its size, versatility and relative closeness – as well as from its exchange rate and labour market flexibility. The good financial standing of the business and banking sector should support growth. However, the ambitious nature of the incipient fiscal consolidation programme and the return of restrictive monetary policy will act as brakes on growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Poland, Visegrad countries