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Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success …
Persistent link: https://www.econbiz.de/10014402016
Capital flows can deliver substantial benefits for countries, but also have the potential to contribute to a buildup of systemic financial risk. Benefits, such as enhanced investment and consumption smoothing, tend to be greater for countries whose financial and institutional development enables...
Persistent link: https://www.econbiz.de/10014408642
Persistent link: https://www.econbiz.de/10014408670
Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced economic growth. Capitalinflows have a negative side, however, in that they tend to appreciatethe domestic currency, making exports less competitive, and to encourageinflation....
Persistent link: https://www.econbiz.de/10014402762
While the “dependent economy” approach has been used extensively in theoretical work on developing countries, there is very little empirical analysis of it available in the literature. This paper specifies a dependent economy model which incorporates several developing-country features,...
Persistent link: https://www.econbiz.de/10014397422
catching-up has been so much slower in Poland than in its regional peers, and whether this might hamper Poland's long … Poland. Section II.E concludes the chapter. …
Persistent link: https://www.econbiz.de/10012560019
In March 1999, Poland implemented a systemic pension reform that involved the introduction of a multi-pillar pension … note on the pension sector was elaborated as part of the Poland Financial Sector Assessment Program, or FSAP update that …
Persistent link: https://www.econbiz.de/10012560020
This 2009 Article IV Consultation highlights that Poland’s rapid growth had begun to lose steam even before the global …
Persistent link: https://www.econbiz.de/10014406402
This Selected Issues paper analyzes the use of fiscal rules in Poland and also suggests improvements. The study reviews …
Persistent link: https://www.econbiz.de/10014402898
Poland’s macroeconomic performance was strong in the decade leading up to the global crisis. Poland’s commitments to … supervisory framework helped foster a well-capitalized banking system. A successor Flexible Credit Line arrangement for Poland … will play an important role in supporting the government’s economic policy strategy. Although Poland’s underlying …
Persistent link: https://www.econbiz.de/10014403719